New Jersey Tax Court April 20, 2001 (Lenox Inc. v. Director, Division of Taxation)

KUSKIN, J.T.C.

This Corporation Business Tax matter requires an interpretation of N.J.S.A. 54:10A-13 which obligates a corporate taxpayer to notify defendant, the Director of the New Jersey Division of Taxation (“Director”), of changes or corrections made by the Internal Revenue Service (“IRS”) in the computation of the corporation’s taxable income.