MOBIL OIL CORP. v. TAXATION DIV. DIR.


11 N.J. Tax 344 (1990)

MOBIL OIL CORPORATION, PLAINTIFF, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT.

Tax Court of New Jersey.

September 24, 1990.


Attorney(s) appearing for the Case

Charles M. Costenbader and Charles H. Friedrich for plaintiff (Stryker, Tams & Dill, attorneys).

Sarah T. Darrow for defendant (Robert J. Del Tufo, Attorney General of New Jersey, attorney).


LASSER, P.J.T.C.

Plaintiff, Mobil Oil Corporation ("Mobil"), seeks review of a final determination by the Director, Division of Taxation ("Director"), with respect to its 1980 corporation business tax return. N.J.S.A. 54:10A-1 et seq. The Director required Mobil to include certain capital gain income in its "adjusted entire net income," resulting in higher corporation business tax ("CBT") liability. This capital gain was derived from Mobil's sale of...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases