This is the court's opinion in connection with the parties' respective motions for summary judgment in the above captioned Gross Income Tax ("GIT") matter. The issue presented is whether plaintiffs are eligible for a GIT credit for income taxes paid to New York on passed-through S corporation income. Defendant ("Director") denied a credit because the S corporation allocated 100% of its income to New Jersey...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.