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Werner Machine Co., Inc. v. Director of Taxation, 350 U.S. 492 (1956)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Werner Machine Co., Inc. v. Director of Taxation, 350 U.S. 492 (1956)
Werner Machine Co., Inc. v. Director of Taxation No. 63 Argued March 5-6, 1956 Decided March 26, 1956 350 U.S. 492
APPEAL FROM THE SUPREME COURT OF NEW JERSEY
Syllabus
As applied to this New Jersey corporation, the New Jersey corporation tax here involved, measured by the corporation’s "net worth," is a tax on the corporate franchise, does not discriminate against federal obligations, and is valid despite the inclusion of federal bonds in the determination of net worth. Pp. 492-494.
17 N.J. 121,110 A.2d 89, affirmed.
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Chicago: U.S. Supreme Court, "Syllabus," Werner Machine Co., Inc. v. Director of Taxation, 350 U.S. 492 (1956) in 350 U.S. 492 Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=R5IBD8CWI17HBF1.
MLA: U.S. Supreme Court. "Syllabus." Werner Machine Co., Inc. v. Director of Taxation, 350 U.S. 492 (1956), in 350 U.S. 492, Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=R5IBD8CWI17HBF1.
Harvard: U.S. Supreme Court, 'Syllabus' in Werner Machine Co., Inc. v. Director of Taxation, 350 U.S. 492 (1956). cited in 1956, 350 U.S. 492. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=R5IBD8CWI17HBF1.
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