Mobil Oil Corp. v. Director
This text of 13 N.J. Tax 111 (Mobil Oil Corp. v. Director) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The Director, Division of Taxation, appeals from a Tax Court judgment excluding from income apportionable to New Jersey for calculation of the corporation business tax, a capital gain earned by Mobil Oil Corporation on the sale of its shares in the Belridge Oil Company. We now affirm substantially for the reasons expressed by Judge Lasser in his opinion. Mobil Oil Corporation v. Director, Division of Taxation, 11 N.J.Tax 344 (Tax Ct.1990).
Affirmed.
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13 N.J. Tax 111, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mobil-oil-corp-v-director-njsuperctappdiv-1992.