Day: November 16, 2020

NJ Supreme Court Hears Oral Arguments in Johnson & Johnson Tax Case

NJ Supreme Court Hears Oral Arguments in Johnson & Johnson Tax Case

The Supreme Court of New Jersey recently heard oral arguments in Johnson & Johnson v. Director, Division of Taxation et al. The case involves whether, following the New Jersey Legislature’s 2011 amendment of N.J.S.A. 17:22-6.64, plaintiff Johnson & Johnson (J&J) was required to pay an insurance premium tax (IPT) based