NJ's $170M In Relocation Grants Subject To Tax, 3rd Circ. Told

By David Hansen · January 30, 2020, 7:44 PM EST

Nearly $170 million in relocation grants New Jersey paid to a financial services company should be taxable and a U.S. Tax Court decision deeming them tax-exempt capital contributions should be overturned,...

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Documents

Case Information

Case Title

Commissioner of Internal Reven v. Brokertec Holdings Inc

Case Number

19-2603

Court

Appellate - 3rd Circuit

Nature of Suit

tax court 

Date Filed

July 11, 2019