Legal Opinion
Spinella v. Director
New Jersey Tax Court
Decided June 21, 1993PublishedCited by 5 opinions
1Opinion of the Court
CRABTREE, J.T.C.
Plaintiffs seek review of defendant’s denial of their respective claims for refund of gross income tax for taxable year 1987. Plaintiffs claim that they received no tax benefit from partnership losses sustained in prior years and, therefore, the income they realized in a certain foreclosure sale should be reduced.
All the relevant facts have been stipulated and the case is submitted pursuant to R. 8:8-l(b).
At all times pertinent hereto plaintiffs were 50% partners in Gemini Fashions, a New Jersey partnership engaged in the business of manufacturing ladies’ coats. In 1981 Gemini…
2Cases cited11 opinions
- Crane v. CommissionerSupreme Court of the United States · 1947
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Helvering v. HammelSupreme Court of the United States · 1941
- Commissioner v. TuftsSupreme Court of the United States · 1983
- Hillsboro National Bank v. CommissionerSupreme Court of the United States · 1983
6 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Koch v. Director, Division of TaxationSupreme Court of New Jersey · 1999
- Weintraub v. Director, Division of TaxationNew Jersey Tax Court · 2000
- Koch v. Director, Division of TaxationNew Jersey Tax Court · 1995
- Schiff v. Director, Division of TaxationNew Jersey Tax Court · 1995
- Moroney v. Director, Division of TaxationNew Jersey Tax Court · 2004