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Firms
List of unauthorized firms and/or unlicensed securities firms.
Anderson, Franklin, Sullivan Partners Ltd or AFS Partners Ltd
Address:
405 Lexington Avenue, New York, NY 10174, United StatesTelephone:
+1 646 502 8763Fax:
+1 646 607 3578Website:
afspartners.netWebsite 2:
afs?partners.netAnderson, Franklin, Sullivan Partners Ltd., a.k.a. AFS Partners Ltd.
Tuesday, July 15, 2014
Mr. Paul Mitchell
Director of Trades
Paramount Financial Group
Dear Mr. Paul Mitchell,
Please forgive the time lapse in our reporting of your client’s
situation regarding the expected remittance from the Transfer
Agent.
Upon your request we have undertaken a discussion with the U.S.
Internal Revenue Service (IRS) regarding New York Sales Tax
(NYST.)
As you will note by the accompanying document from the IRS, we
have tried to intervene, on your client’s behalf, for the IRS to
forego any claims of taxation bestowed by other jurisdictions
(New York State Department of Revenue at Albany New York.)
However, they have denied our petition and forwarded the
aforementioned document as an explanation. (see attachment)
Please be advised that this is a new action undertaken by the
IRS. Apparently the IRS expects Transfer Agents to collect a New
York State Sales Tax(immediately and fully refundable,) from all
Non-Resident Alien (NRA) clients trading shares on the New York
Stock Exchange.
Be reminded that, as you are our client, and as we act in your
behalf, we expect all fees will be paid by ISV.
Respectfully,
John Watson
Lead Securities Attorney
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