Legal Opinion
Lanco, Inc. v. Director, Division of Taxation
New Jersey Tax Court
Decided October 23, 2003PublishedCited by 4 opinions
1Opinion of the Court
PIZZUTO, J.T.C.
This ease presents the question of whether New Jersey may constitutionally subject a foreign corporation to the Corporation Business Tax (N.J.S.A. 54:10A-1 et seq., “the CBT”), where the corporation has no physical presence in the state and derives income from a New Jersey source only pursuant to a license agreement with another corporation that conducts a retail business here.
Plaintiff Lanco, Inc., (“Lanco”) is a Delaware corporation that owns certain intangible property (trademarks, trade names and service marks). The parties have stipulated that Lanco has no offices,…
2Cases cited30 opinions
- Complete Auto Transit, Inc. v. BradySupreme Court of the United States · 1977
- Quill Corp. v. North Dakota Ex Rel. HeitkampSupreme Court of the United States · 1992
- Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
- Ponte v. RealSupreme Court of the United States · 1985
- Hughes Tool Co. v. Trans World Airlines, Inc.Supreme Court of the United States · 1973
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3Cited by4 opinions
- Lanco v. DIRECTOR, DIV. OF TAX.New Jersey Superior Court Appellate Division · 2005
- PTI v. Director, Division of TaxationNew Jersey Superior Court Appellate Division · 2008
- Home Impressions, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 2004
- Village Super Market of PA, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 2013