Werner Machine Co., Inc. v. Director of Taxation
350 U.S. 492 (1956)

Annotate this Case
  • Syllabus  | 
  • Case

U.S. Supreme Court

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


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. 350 U. S. 492-494.

17 N.J. 121,110 A.2d 89, affirmed.

Disclaimer: Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.