Legal Opinion
Aetna Life Insurance v. Director, Division of Taxation
New Jersey Tax Court
Decided March 18, 2002PublishedCited by 2 opinions
1Opinion of the Court
KUSKIN, J.T.C.
Plaintiff, Aetna Life Insurance Company, is a Connecticut corporation which, during tax year 1996, conducted a portion of its life and health insurance business in New Jersey pursuant to a license issued by the New Jersey Department of Banking and Insurance. New Jersey imposes a retaliatory tax on foreign life and health insurance companies pursuant to N.J.S.A. 17B:23-5. In general, the tax is calculated by comparing the taxes and related financial obligations imposed in New Jersey on the foreign insurance company with the taxes and financial obligations which *89would be imposed…
2Cases cited10 opinions
- Brill v. Guardian Life Insurance Co. of AmericaSupreme Court of New Jersey · 1995
- Western & Southern Life Ins. Co. v. State Bd. of Equalization of Cal.Supreme Court of the United States · 1981
- Metromedia, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
- GE Solid State, Inc v. Director, Division of TaxationSupreme Court of New Jersey · 1993
- Fedders Financial Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Premera Blue Cross v. State, Department of Commerce, Community & Economic Development, Division of InsuranceAlaska Supreme Court · 2007
- American Fire & Casualty Co. v. Director, Division of TaxationNew Jersey Tax Court · 2003