Legal Opinion
Armstrong v. Taxation Division Director
New Jersey Tax Court
Decided January 7, 1983PublishedCited by 7 opinions
1Opinion of the Court
LASSER, P.J.T.C.
As a result of an audit of his businesses by the Division of Taxation, plaintiff filed a complaint seeking a declaratory judgment (pursuant to N.J.S.A. 2A:16-52) that sales of gold coins and gold and silver bullion are exempt from New Jersey sales and use tax.
The following facts were stipulated by the parties:
1. Plaintiff is the sole shareholder of Collector’s Exchange, Ltd. and sole proprietor of the Princeton Coin Exchange, both located in Mercer County. These businesses engage in the purchase and sale of foreign currency, stamps, gold and silver bullion, coins and jewelry.…
2Cases cited29 opinions
- San Diego Building Trades Council v. GarmonSupreme Court of the United States · 1959
- Hines v. DavidowitzSupreme Court of the United States · 1941
- Chicago & North Western Transportation Co. v. Kalo Brick & Tile Co.Supreme Court of the United States · 1981
- Pullman's Palace Car Co. v. PennsylvaniaSupreme Court of the United States · 1891
- Japan Line, Ltd. v. County of Los AngelesSupreme Court of the United States · 1979
24 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Amerada Hess Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1987
- Black Whale, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 1995
- Newman v. DirectorNew Jersey Tax Court · 1994
- Armstrong v. Director, Division of TaxationNew Jersey Superior Court Appellate Division · 1984
- Tischler v. Director, Division of TaxationNew Jersey Tax Court · 1998
2 more not listed; retrieve them via the Exa API.