Legal Opinion
McKesson Water Products Co. v. Director, Division of Taxation
New Jersey Tax Court
Decided August 13, 2007PublishedCited by 8 opinions
1Opinion of the Court
KUSKIN, J.T.C.
Plaintiff McKesson Water Products Company (“Water Products”) challenges an assessment of corporation business tax (“CBT”) in the sum of $807,092 imposed for the period April 1, 1999 through February 29, 2000 by defendant Director of the New Jersey Division of Taxation (“Director”) pursuant to the New Jersey Corporation Business Tax Act (“Act”), N.J.S.A. 54:10A-1 to -41. Water Products’ CBT return for the period showed a total tax liability of $244,990, an amount $1,820,110 less than the estimated taxes of $2,065,100 that Water Products previously had paid. The Director treated…
2Cases cited22 opinions
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Allied-Signal, Inc. Ex Rel. Bendix Corp. v. Director, Division of TaxationSupreme Court of the United States · 1992
- Texaco-Cities Service Pipeline Co. v. McGawIllinois Supreme Court · 1998
- Lenox, Inc. v. TolsonSupreme Court of North Carolina · 2001
- Hoechst Celanese Corp. v. Franchise Tax BoardCalifornia Supreme Court · 2001
17 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Tax Assessment of Foster Foundation's Woodlands Retirement CommunityWest Virginia Supreme Court · 2009
- Mountain America, LLC v. HuffmanWest Virginia Supreme Court · 2009
- Blue Bell Creameries, LP v. RobertsTennessee Supreme Court · 2011
- McKESSON WATER PRODUCTS CO. v. DIR., DIV. OF TAX.New Jersey Superior Court Appellate Division · 2009
- ELAN PHARMACEUTICALS, INC. VS. DIRECTOR, DIVISION OF TAXATION (TAX COURT OF NEW JERSEY)New Jersey Superior Court Appellate Division · 2021
3 more not listed; retrieve them via the Exa API.