Search Rutgers Law Library N.J. Court Opinions

1 JOEL AND JUDITH MANDELBAUM, Plaintiffs v. DIRECTOR, DIVISION of TAXATION -- rank: 1000

... exceptions to the federal treatment which are not applicable here. N.J.S.A. 54A:5-10. Under N.J.S.A. 54A:5-9, “S ... is necessary because the definition of S corporation income in N.J.S.A. 54A:5-10 and its reference to I.R.C. § 1366 specifically ... 290 (1984)). I reject the Director’s argument because neither N.J.S.A. 54A:5-10 nor I.R.C. § 1366 expressly refers to � ...

docket:	04227-00
court:
decided:	2002-05-17
status:
citation:	20 N.J. Tax 141
Document Size:	84481

2 SVETOZAR BELJAKOVIC v. DIRECTOR -- rank: 882

... income allocated to this State as determined in accordance with N.J.S.A. 54A:5-10. (1) When the New Jersey [CBT] allocation factor is 100 ... a measure of its tax under the [CBT] Act”). Moreover, N.J.S.A. 54A:5-10, the GIT provision addressing the taxability of individual shareholders of ... income less S corporation income allocated to this State.” N.J.S.A. 54A:5-10. N.J.S.A. 54A:5-10 was enacted at the same time and as part of ... Jersey and S corporation income not allocated to New Jersey. N.J.S.A. 54A:5-10. In other words, the Legislature intended to subject a resident ... N.J.S.A. 54A:4-1(a). And because N.J.S.A. 54A:5-10 incorporates CBT Section 8 in addition to CBT Section ...

docket:	04551-10
court:	NJ Tax Court
decided:	2012-08-01
status:	Published
citation:
Document Size:	104998

3 /usr/local/share/www/libweb/collections/courts/tax/011704-20.opn.html -- rank: 855

... corporation income allocated to this State, as defined pursuant to . . . [ N.J.S.A. ].54A:5-10 [], reflected on the corporation’s return for the accounting or ... S.A. 54:10A-6 through 54:10A-10].” N.J.S.A. 54A:5-10. Thus, in computing the amount of “S corporation income� ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	89145

4 MYRON et al. v. DIRECTOR, DIVISION OF TAXATION -- rank: 772

... Act relating to taxation of S corporation income, particularly by N.J.S.A. 54A:5-10 and its reference to I.R.C. § 1366, which ... Myron Corp. The Director responds that (i) the reference in N.J.S.A. 54A:5-10 to I.R.C. § 1366 does not constitute a ... for calculation of S corporation income taxable to corporate shareholders. N.J.S.A. 54A:5-10, in pertinent part, defines “S corporation income” as follows ... or incurred by the S corporation and not its shareholder. [ N.J.S.A. 54A:5-10.] I.R.C. § 1366, to which N.J.S.A. 54A:5-10 refers, provides that, in determining the tax liability of an ... constitute deductible ordinary business expenses relies on the portion of N.J.S.A. 54A:5-10 which defines S corporation income as the net of ...

docket:	02025-01
court:
decided:	2003-03-24
status:
citation:	20 N.J. Tax 537
Document Size:	52049

5 /usr/local/share/www/libweb/collections/courts/tax/08253-13.opn.html -- rank: 725

... definitional provision of the New Jersey Gross Income Tax Act, N.J.S.A. 54A:5-10, states in part, “For the purposes of the New ... 6 through N.J.S.A. 54:10A-10] . . .” N.J.S.A. 54A:5-10. The referenced provisions detail with some specificity how the income ... of N.J.S.A. 54A:4-1(c) and N.J.S.A. 54A:5-10 would dictate that the definition of “S corporation income allocated to this State” is set forth in N.J.S.A. 54A:5-10. Plaintiff however contends that this position was rejected by this ... the GIT credit and S Corporation income, the court noted: N.J.S.A. 54A:5-10 was enacted at the same time and as part of ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	44756

6 GEORGE K. MILLER, JR. et al. v. DIRECTOR, DIVISION OF <br -- rank: 708

... of Shore Cable Co.’s ordinary trade or business. N.J.S.A. 54A:5-10, amended by L. 1993, c. 173, § 12, added a ... the federal Internal 3 Revenue Code of 1986 . . . . [Emphasis added.] N.J.S.A. 54A:5-10(c) further states that “[t]he character of any ...

docket:	04040-00
court:
decided:	2001-08-20
status:
citation:	19 N.J. Tax 522
Document Size:	108239

7 DANIEL SCHULMANN v. DIRECTOR, DIVISION OF TAXATION -- rank: 649

... C. §1366, but without certain specific items of deductions. N.J.S.A. 54A:5-10. Thus, after the S corporation has determined its net income ... the specific incorporation of I.R.C. §1366 in N.J.S.A. 54A:5-10, 13 such a deduction is not allowable at an individual ... 162 in I.R.C. §1366, and thus in N.J.S.A. 54A:5-10, simply means that the S corporation is permitted to take ...

docket:	07221-05
court:
decided:	2010-11-09
status:
citation:
Document Size:	60801

8 MORRIS & CHARLOTTE COHEN v. STATE DIVISION OF TAXATION -- rank: 595

... be taken into account." "S corporation income" is defined at N.J.S.A. 54A:5-10, and incorporates federal concepts, with modifications. "'S corporation income' means ... shall not be reduced by S corporation losses. Affirmed. 1 N.J.S.A. 54A:5-10 states: a. S corporation income shall be determined without the ...

docket:	a5827-12
court:	New Jersey Superior Court Appellate Division
decided:	2015-06-09
status:	Published
citation:	28 N.J.Tax 548
Document Size:	66971

9 DANIEL SCHULMANN and DEBBIE SCHULMANN and UAK MANAGEMENT CORP.1 and TSK FRANCHISE SYSTEMS INC d/b/a TIGER SCHULMANN'S KARATE CENTER HEADQUARTERS v. DIRECTOR, OF TAXATION -- rank: 590

... taken deductions for the commissions, had they paid them, see N.J.S.A. 54A:5-10, I.R.C. § 162, and I.R.C. � ...

docket:	a2089-10
court:	NJ Superior Court Appellate Division
decided:	2011-12-06
status:	published
citation:	423 N.J. Super. 333 32 A.3d 1133
Document Size:	16732

10 MARK DISTEFANO AND MARGARET DISTEFANO v. DIRECTOR, DIVISION OF TAXATION, <br -- rank: 529

... Nova.Corp. was a S corporation for New Jersey ( see N.J.S.A. 54A:5-10) and federal purposes ( see I.R.C. §1361), and ... Jersey follows the federal definition for S corporation income. See N.J.S.A. 54A:5-10 4 The date of filing is the date that the ...

docket:	00943-05
court:
decided:	2008-01-30
status:
citation:
Document Size:	51128