Legal Opinion
Silent Hoist & Crane Co. v. Director, Division of Taxation
Supreme Court of New Jersey
Decided June 26, 1985PublishedCited by 33 opinions
1Opinion of the Court
The opinion of the Court was delivered by
O’HERN, J.
This appeal concerns the validity of a franchise tax assessment against a New York corporation doing business in New Jersey. The taxpayer challenged the inclusion, as part of the value of its franchise, of allocated portions of (1) income derived from investment of corporate funds, and (2) certain machinery sales in New Jersey and elsewhere. We agree with the Director of the Division of Taxation that the taxpayer conducts its business as a “unitary business” and consequently we hold that the assessment reflects the value of the franchise…
2Cases cited34 opinions
- Complete Auto Transit, Inc. v. BradySupreme Court of the United States · 1977
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Metromedia, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1984
29 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- NCR Corp. v. Comptroller of the TreasuryCourt of Appeals of Maryland · 1988
- Amerada Hess Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1987
- Opinion of the JusticesSupreme Court of New Hampshire · 1986
- Bendix Corp. v. Director, Division of TaxationSupreme Court of New Jersey · 1991
- Garfield Trust Co. v. Director, Division of TaxationSupreme Court of New Jersey · 1986
28 more not listed; retrieve them via the Exa API.