Johnson & Johnson Wins Appeal On $60 Million Tax Case To New Jersey For Captive Insurance Company

Johnson & Johnson Wins Appeal On $60 Million Tax Case To New Jersey For Captive Insurance Company

Captive Insurance
jda

I previously wrote about the opinion of the New Jersey Tax Court in Johnson & Johnson v. Director in my article, Johnson & Johnson Loses $60 Million Case To New Jersey For Captive Insurance Company.
In that case, the New Jersey Division of Taxation prevailed against Johnson & Johnson to the tune of $60 million in unpaid New Jersey insurance premium taxes (IPT), rejecting…

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