Legal Opinion
International Flavors & Fragrances, Inc. v. Taxation Division Director
New Jersey Tax Court
Decided August 4, 1983PublishedCited by 17 opinions
1Opinion of the Court
ANDREW, J.T.C.
This is a state tax action in which plaintiff, International Flavors & Fragrances, Inc., challenges a final determination of an assessment for the 1975 and 1976 tax years made pursuant to the Corporation Business Tax Act, N.J.S.A. 54:10A-1 et seq. (the act) by defendant Director of the Division of Taxation. At issue is the calculation of plaintiff’s entire net income under the act.
The Corporation Business Tax is assessed on the basis of entire net worth and entire net income. N.J.S.A. 54:10A-5. Entire net income is defined as total net income from all sources, and is deemed…
2Cases cited18 opinions
- Service Armament Co. v. HylandSupreme Court of New Jersey · 1976
- Kingsley v. Hawthorne Fabrics, Inc.Supreme Court of New Jersey · 1964
- MacMillan v. Taxation Div. DirectorNew Jersey Superior Court Appellate Division · 1981
- R. H. MacY & Co. v. Director, Division of TaxationSupreme Court of New Jersey · 1963
- Public Service Electric & Gas Co. v. Township of WoodbridgeSupreme Court of New Jersey · 1977
13 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Amerada Hess Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1987
- Richard's Auto City, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1995
- International Flavors & Fragrances, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1986
- Cooperstein v. StateNew Jersey Tax Court · 1993
- International Flavors & Fragrances, Inc. v. DirectorNew Jersey Superior Court Appellate Division · 1984
12 more not listed; retrieve them via the Exa API.