Legal Opinion
Seventeen Thirty Corp. v. Director, New Jersey Division of Taxation
New Jersey Tax Court
Decided April 16, 1999PublishedCited by 7 opinions
1Opinion of the Court
KUSKIN, J.T.C.
Plaintiff is a New Jersey corporation which operates a retail store in Avenel, New Jersey. The store sells adult-oriented books, periodicals, novelties, and videotapes and includes a segregated area which contains twenty-seven booths used to view adult videotapes. Defendant determined that certain payments by plaintiff to its store manager, who is also the president and sole shareholder of plaintiff, for the fiscal years ending October 31, *1711988 through October 31, 1992 were dividends and not compensation as reported by plaintiff in its Corporation Business Tax returns. Based…
2Cases cited22 opinions
- Elliotts, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Koch v. Director, Division of TaxationSupreme Court of New Jersey · 1999
- United States Casualty Co. v. Hercules Powder Co.Supreme Court of New Jersey · 1950
- Owensby & Kritikos, Inc. v. CommissionerCourt of Appeals for the Fifth Circuit · 1987
- Atlantic City Transportation Co. v. Director, Division of TaxationSupreme Court of New Jersey · 1953
17 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Meadowlands Basketball Assoc. v. Director, Div. of TaxationNew Jersey Superior Court Appellate Division · 2001
- Yilmaz, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 2005
- Meadowlands Basketball Associates v. Director, Division of TaxationNew Jersey Tax Court · 2000
- Sidman v. Director, Division of TaxationNew Jersey Tax Court · 2000
- Regent Care Center, Inc. v. Hackensack CityNew Jersey Tax Court · 2001
2 more not listed; retrieve them via the Exa API.