Atlantic City Transportation Co. v. Walsh

Conklin, Commissi onek.

Two appeals were filed by the Atlantic City Transportation Co., from the assessments made by the Director of Taxation for the year of 194G under the provisions of chapter 5 of the laws of 1940 as amended by chapter 21 of the laws of 1941, N. J. S. A. 54:31-45, et seq. One petition involves the question of the validity of the franchise tax levied under the provisions of paragraph 6, sub-paragraph (a) of the aforesaid act, and the other petition *484questions the validity of the assessment of the gross receipts tax made under paragraph 6, subparagraph (b) of the same statute.…