Search Rutgers Law Library N.J. Court Opinions

1 JOHNSON JOHNSON V. DIRECTOR, DIVISION OF TAXATION -- rank: 1000

... issue of whether, following the Legislature's 2011 amendment of N.J.S.A. 17:22-6.64, plaintiff Johnson & Johnson (J&J) was required to pay an ... New Jersey. Because both before and after the 2011 amendment, N.J.S.A. 17:22-6.64 provided that IPT was to be calculated at the rate ... statute which is at odds with the plain language of N.J.S.A. 17:22-6.64, and remand for further proceedings. The facts underlying the dispute ... the surplus lines market and the self-procured market. See N.J.S.A. 17:22-6.64. As the Tax Court correctly stated in this case, these ... to 'insurance coverages which are [self-procured] as provided in [ N.J.S.A. 17:22- 6.64].' N.J.S.A. 17:22-6.40. A-5423 ... consists of unauthorized insurers directly providing coverage to the insured. N.J.S.A. 17:22-6.64. Put differently, this insurance is 'independently procured' and obtained ...

docket:	a5423-17
court:	NJ Superior Court Appellate Division
decided:	2019-09-25
status:	Published
citation:	--- A.3d ----
Document Size:	48248

2 /usr/local/share/www/libweb/collections/courts/tax/13502-16opn.opn.html -- rank: 973

... J) to its nonadmitted captive insurance company (Middlesex Assurance) under N.J.S.A. 17:22-6.64. 4 J&J’s brief labels 3 An IPT is ... 09 [8]. 5 The lack of a formal designation for N.J.S.A. 17:22-6.64 or its related tax has contributed greatly to the confusion ... ” An important distinction is that the tax imposed under N.J.S.A. 17:22-6.64 is not referred to as a “premium receipts tax� ... tax. The court also notes that the self-procurement statute, N.J.S.A. 17:22-6.64, has different headings in both Lexis Advance and the New ... The amount of tax due was calculated in conformance with N.J.S.A. 17:22-6.64, and was based only on that portion of the premium ... insurance. Additionally, J&J argued that the statutory changes to N.J.S.A. 17:22-6.64 made by the New Jersey Legislature in 2011 did ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	88432

3 Squibs -- rank: 442

... 55,902,070.95, plus applicable interest. Plaintiff claimed that N.J.S.A. 17:22-6.64 limits self-procurement tax to premium payments allocated to risks ... summary judgment and argued that the 2011 statutory amendment to N.J.S.A. 17:22-6.64 changed the method of calculation of self- procurement tax, and ... The Tax Court found that although the amended language of N.J.S.A. 17:22-6.64 contains certain inconsistencies, it was the Legislature’s intention to ...

docket:	k
court:	NJ Tax Court
decided:	2018-12-14
status:	Published
citation:
Document Size:	29705