Legal Opinion
American Home Products Corp. v. Director, Division of Taxation
New Jersey Tax Court
Decided August 27, 1990PublishedCited by 6 opinions
1Opinion of the Court
CRABTREE, J.T.C.
This is a corporation business tax case wherein plaintiff, American Home Products Corporation (sometimes referred to herein as AHPC), seeks review of defendant’s determinations that: (1) dividend and capital gain income on its minority shareholdings in four publicly-traded corporations and all the interest income earned by AHPC in its investments in certain short-term securities are includible in AHPC’s entire net income in accordance with N.J.S.A. 54:10A-4(k) and -5(c) for tax years 1979 through 1981 and (2) the value of those dividend paying and interest-bearing investment…
2Cases cited18 opinions
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Wisconsin v. J. C. Penney Co.Supreme Court of the United States · 1941
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Moorman Manufacturing Co. v. BairSupreme Court of the United States · 1978
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3Cited by6 opinions
- Central National-Gottesman, Inc. v. DirectorNew Jersey Tax Court · 1995
- Louis Dreyfus Corp. v. HuddlestonCourt of Appeals of Tennessee · 1996
- American Home Products Corp. v. DirectorNew Jersey Superior Court Appellate Division · 1992
- Central National-Gottesman Inc. v. Director, Division of TaxationNew Jersey Superior Court Appellate Division · 1996
- CENT. NAT.-GOTTESMAN v. DirectorNew Jersey Superior Court Appellate Division · 1996
1 more not listed; retrieve them via the Exa API.