Legal Opinion
Lady Frances V, LLC v. Director, Division of Taxation
New Jersey Tax Court
Decided March 6, 2009PublishedCited by 1 opinion
1Opinion of the Court
SMALL, P.J.T.C.
The issue in this case is whether plaintiff, Lady Frances V, LLC (“LIjC”) is subject to use tax (N.J.S.A. 54:32B-6) of $26,813 plus penalties and interest based on the 69 days (during June, July, August and September 2005) and 46 days (during June, July, and August 2006) that the LLC’s yacht, Lady Frances IV (the “Yacht”),1 was docked in New Jersey.
Both parties have moved for summary judgment. I have concluded that the Director’s assessment of $26,813, plus interest and penalties must be affirmed.
The LLC is registered in Delaware. The books and records of the LLC that are not…
2Cases cited27 opinions
- Complete Auto Transit, Inc. v. BradySupreme Court of the United States · 1977
- Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
- Henneford v. Silas Mason Co.Supreme Court of the United States · 1937
- Metromedia, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
- Pullman's Palace Car Co. v. PennsylvaniaSupreme Court of the United States · 1891
22 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Sicardi v. DirectorNew Jersey Tax Court · 2011