MORONEY v. DIRECTOR, DIV. OF TAXATION


21 N.J. Tax 220 (2004)

JOHN J. MORONEY AND MARY T. MORONEY, PLAINTIFFS, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT. THOMAS J. DENITZIO, JR. AND SUSAN B. DENITZIO, PLAINTIFFS v. DIRECTOR, DIVISION OF TAXATION DEFENDANT.

Tax Court of New Jersey.

January 8, 2004.


Attorney(s) appearing for the Case

Nathan G. Fink for plaintiffs John J. Moroney and Mary T. Moroney.

Thomas J. Denitzio, Jr. and Susan B. Denitzio, Pro Se.

Mala Narayanan for defendant (Peter C. Harvey, Attorney General of New Jersey, attorney).


KUSKIN, J.T.C.

These matters arise under the New Jersey Gross Income Tax Act, N.J.S.A. 54A:1-1 to N.J.S.A. 54A:10-12 (the "GIT Act"), specifically N.J.S.A. 54A:5-1(c) which imposes tax on net gains from the disposition of property. Plaintiffs John J. Moroney and Mary T. Moroney (together "the Moroneys") and plaintiffs Thomas J. Denitzio, Jr. and Susan B. Denitzio (together "the Denitzios")

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