WebApr 11, 2014 · This case returns to us after our limited remand in BIS LP, Inc. v. Director, Division of Taxation, 26 N.J. Tax 489, 501–02 (App.Div.2011). Plaintiff BIS LP, Inc. (BIS) filed a New Jersey corporation business tax (CBT) return electing to be taxed as an investment company. WebThe limited partnership transferred its ice cream business to newly formed Blue Bell Creameries, L.P. (BBCLP), a Texas limited partnership, for a 99% limited partnership interest; another subsidiary was formed to become a 1% general partner of BBCLP. ... v. Division of Tax’n, 974 A.2d 443 (N.J. Super. Ct. App. Div. 2009), aff’g 23 N.J. Tax ...
BIS LP Inc. v. Director, Division of Taxation New Jersey Law Journal
WebBIS argues that its limited partnership interest in Solutions is a qualified investment asset and BIS' holding of Solutions constitutes an investment activity. Other Securities N.J.A.C. … WebII, Inc. v. Dir., Div. of Taxation, 30 N.J. Tax 133 (Tax 2024). The parties stipulated that if plaintiff's CBT assessments were upheld, cross-respondents would not be subject to additional taxation. Id. at 175. how to set launch options without steam
Bis - definition of bis by The Free Dictionary
WebDefine bis. bis synonyms, bis pronunciation, bis translation, English dictionary definition of bis. adv. Music Again; twice. Used as a direction to repeat a passage. interj. Used to … WebAug 23, 2011 · The recent decision of the Superior Court of New Jersey in BIS LP, Inc. v. Dir., Div. of Taxation, 2011 N.J. Super. Unpub. LEXIS 2269 (App.Div. Aug. 23, 2011) gives multistate taxpayers around the nation a reason to be optimistic that occasionally a court can properly apply unitary principles. Here is an overview of the facts. Web2009)).Two subsequent decisions issued in BIS LP's wake substantially narrow its scope by shedding light on problematic fact patterns that will not pass muster under its holding. … how to set launch options epic games