Legal Opinion
Fedders Financial Corp. v. Taxation Division Director
New Jersey Tax Court
Decided December 4, 1981PublishedCited by 7 opinions
1Opinion of the Court
ANDREW, J. T. C.
This matter involves the application of two provisions of the New Jersey Corporation Business Tax Act (the “act”), N.J.S.A. 54:10A-1 et seq., which imposes a franchise tax on every nonexeinpt foreign and domestic corporation for the privilege of having or exercising its corporate franchise in this State, or for the privilege of doing business, employing or owning capital or property, or maintaining an office, in this State. N.J.S.A. 54:10A-2. The tax is computed by adding together prescribed percentages of a net worth tax base and a net income tax base. N.J.S.A. 54:10A-5.…
2Cases cited9 opinions
- Kingsley v. Hawthorne Fabrics, Inc.Supreme Court of New Jersey · 1964
- R. H. MacY & Co. v. Director, Division of TaxationSupreme Court of New Jersey · 1963
- Atlantic City Transportation Co. v. Director, Division of TaxationSupreme Court of New Jersey · 1953
- R. H. Macy & Co. v. Director, Division of TaxationNew Jersey Superior Court Appellate Division · 1962
- General Public Loan Corp. v. Director of the Division of TaxationSupreme Court of New Jersey · 1953
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Fedders Financial Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
- International Flavors & Fragrances, Inc. v. Taxation Division DirectorNew Jersey Tax Court · 1983
- Mobay Chemical Corp. v. Taxation Division DirectorNew Jersey Tax Court · 1981
- Mobay Chemical Corp. v. Director, Division of TaxationNew Jersey Superior Court Appellate Division · 1982
- Centex Homes of New Jersey, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 1989
2 more not listed; retrieve them via the Exa API.