Fedway Associates Inc. v. Director, Division of Taxation

PER CURIAM '

The Tax Court concluded in a written opinion, Fedway Associates, Inc. v. Director, Division of Taxation, 14 N.J.Tax 71 (1994), that Fedway Associates, Inc. (Fedway) is not entitled to a use tax exemption under the Urban Enterprise Zones Act (N.J.S.A. 52:27H-61 to -97), for purchases of tangible personal property made for its employee incentive and marketing programs. Specifically, the Tax Court concluded that these purchases, which included such items as corkscrews, napkins, calendars, golf bags, and home electronic equipment, did not carry an entitlement to a use tax exemption…