AMERICAN TELEPHONE & TELEGRAPH CO. v. TAXATION DIV. DIR.


13 N.J. Tax 534 (1993)

AMERICAN TELEPHONE & TELEGRAPH COMPANY, PLAINTIFF, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT.

Tax Court of New Jersey.

December 23, 1993.


Attorney(s) appearing for the Case

Jay R. Reuben for plaintiff.

Margaret A. Holland for defendant (Fred DeVesa, Acting Attorney General of New Jersey, attorney).


LARIO, J.T.C.

This is an appeal by plaintiff, American Telephone & Telegraph Company (AT & T), from a determination of defendant, Director, Division of Taxation, disallowing certain deductions taken by plaintiff from its taxable income on its 1983 New Jersey corporation business tax (CBT) return.

The issue presented in this appeal is whether AT & T, in computing its entire net income under the New Jersey Corporation Business Tax Act, N.J.S.A...

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