|
||||||||
|
||||||||
New York State Commissioner of Taxation and Finance Robert L. Megna today announced that the Tax Department is conducting a joint investigation with Nassau County into the operations of jewelry stores that offered sales-tax free purchases to undercover investigators if they paid with cash. The investigation, known as "Operation Gold Rush," identified eleven jewelry stores to date and is on-going.
Commissioner Megna said, "The Department of Taxation and Finance considers sales-tax free cash transactions to be a serious offense. Retailers who engage in such practices harm their communities by denying government the revenue needed for vital education, health and public safety programs, as well as harming their law-abiding competition that play by the rules and collect the tax. Dishonest retailers should know that we will utilize the full authority of the Tax Department, local police and criminal prosecutors to ensure the law is obeyed, taxes are collected and fairness in the marketplace is restored."
The following Nassau County jewelry stores had search warrants executed upon them. Cash registers, computers and sales records were among the items seized.
Maharani Jewelers, 1620 Hillside Avenue, New Hyde Park
East West Jeweler, 10 West Cherry Street, Hicksville
Aainaa, 99-101 Broadway, Hicksville
L.I. Jewelry exchange, 451 Old County Road, Westbury
Contempo Jewels, 486 Hempstead Turnpike, West Hempstead
The Jewelry Garden, 322 Nassau Boulevard, Garden City South
Frucci Jewelers, 18 Nassau Boulevard, South CR6, Garden City
Eli's Corner, 2792 Long Beach Road, Oceanside
Genesis Jewelers, 3447 Merrick Road, Wantagh
Solomon's Jewelers, 74 Manetto Hill Plaza, Plainview
Mayfair Diamond's and Fine Jewelry, Woodbury Village, 7497 Jericho Turnpike, Woodbury
Careers |
Site Index |
Electronic Services |
Publications and
Bulletins |
Web Survey
Accessibility |
Disclaimer |
Privacy |
Security
Last Modified: February 12, 2008
