Legal Opinion
Consolidated Rail Corp. v. Director, Division of Taxation
New Jersey Tax Court
Decided August 21, 2000PublishedCited by 1 opinion
1Opinion of the Court
KAHN, J.T.C.
This is the court's opinion with respect to the parties’ cross-motions for summary judgment involving a franchise tax assessment made by the Director of the Division of Taxation (Division) pursuant to N.J.S.A. 54:29A-14 for tax years 1996 through 1999.
Taxpayer contends that the Division based its franchise tax computation on property which is neither owned nor operated by taxpayer, nor part of taxpayer’s New Jersey rail system. Taxpayer argues that the franchise tax assessment should be calculated according to the actual amount of track over which it operated in a particular year.
T…
2Cases cited4 opinions
- Brill v. Guardian Life Insurance Co. of AmericaSupreme Court of New Jersey · 1995
- Central Railroad v. Director, Division of Tax Appeals of Department of TreasurySupreme Court of New Jersey · 1951
- Matter of Vulcan Materials Co.New Jersey Superior Court Appellate Division · 1988
- Knox v. KrauseNew Jersey Superior Court Appellate Division · 1977
3Cited by1 opinion
- CSX Transportation, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 2005