Title 54, Title 54: TAXATION

54:30A-102 Establishment of remitter's transitional energy facility assessment. 38. Each remitter's transitional energy facility assessment shall be established pursuant to section 67 of P.L.1997, c.162 (C.48:2-21.34). Under no circumstances shall an assessment be made under this…

54:30A-103 Payment of assessment by corporation. 39. Every gas and electric light, heat and power corporation subject to tax pursuant to the provisions of P.L.1940, c.5 (C.54:30A-49 et seq.) prior to January 1, 1998, or the corporate or non-corporate legal successor or assignee w…

54:30A-104 Statement of sales from remitter due February 1. 40. a. On or before February 1, 1999, and on or before February 1 of each year thereafter until the year after the final year in which there is imposed a transitional energy facility assessment, every remitter shall retu…

54:30A-105 Statement of liability from remitter due October 15. 41. a. Every remitter shall on or before October 15, 1998, and on or before October 15, in each year thereafter for years in which the transitional energy facility assessment is imposed, return to the Director of the…

54:30A-106 TEFA statement to remitter. 42. a. On or before April 1, 1999, and on or before April 1 of each year thereafter until the year after the final year in which the transitional energy facility assessment is imposed, the Director of the Division of Taxation shall send to e…

54:30A-107 Liability for TEFA assessment. 43. a. (1) The liability for the transitional energy facility assessment made against any remitter in the first year of assessment shall be an amount equal to TEFA unit rate surcharges (excluding the provision for corporation business tax…

54:30A-108 Payments due May 15. 44. All payments shall be made in full on an annual basis to the State on or before May 15, 1998, and on or before May 15 of each year thereafter as long as this assessment shall remain in effect. L.1997,c.162,s.44.

54:30A-109 Certification of amount of assessments. 45. a. Within 30 days after making the computation of the assessments under this act, the Director of the Division of Taxation shall certify the amount of such assessments. Within five days after making the computation of the ass…

54:30A-110 Municipal electric sales, certain; additional assessment. 46. a. No municipal electric corporation or utility, not previously subject to assessment under P.L.1940, c.5 (C.54:30A-49 et seq.),shall be deemed a remitter for the purposes of enforcing the provisions of this…

54:30A-111 Remitter, certain, subject to assessment. 47. A corporation or utility determined to be a remitter pursuant to this act shall be subject to the transitional energy facility assessment. The amount of the transitional energy facility assessment liability and estimated pa…

54:30A-112 Prior year's adjustment to assessment. 48. The Director of the Division of Taxation in making the assessment imposed by this act on any remitter for any year shall deduct from or add to the assessment for the year any deduction or addition to the extent and in the mann…

54:30A-113 Rules, regulations applicable to remitters. 49. The Director of the Division of Taxation in the Department of the Treasury shall promulgate such rules and regulations applicable to remitters subject to this act as may be necessary to effectuate the purposes and provisi…

54:30A-114 Short title; purpose of act. 50. a. Sections 50 through 58 of this act shall be known and may be cited as the "Uniform Transitional Utility Assessment Act." b. The purpose of the Uniform Transitional Utility Assessment Act is to provide a complete framework and method …

54:30A-115 Definitions relative to uniform transitional utility assessment. 51. As used in this act, unless the context requires otherwise: "Annual assessment" means the assessment made against each remitter in any year; "Base year" means calendar year 1996; "Remitter" means any …

54:30A-116 Annual assessment. 52. a. Every gas and electric light, heat and power corporation, municipal or otherwise, that was subject to the provisions of P.L.1940, c.5 (C.54:30A-49 et seq.) prior to January 1, 1998 and every telephone company that was subject to the provisions…

54:30A-117 Amount paid available as nonfundable credit. 53. Any amount paid by a remitter pursuant to this act shall be available as a nonrefundable credit. Credits established pursuant to payments made under the "Uniform Transitional Utility Assessment Act" shall be granted only…

54:30A-118 Statements from remitter. 54. a. Every remitter that was subject to the provisions of P.L.1940, c.5 (C.54:30A-49 et seq.) prior to January 1, 1998 shall on or before June 20, 1998, return to the Director of the Division of Taxation a statement showing, as shall apply: …

54:30A-119 Calculation, certification of assessment. 55. The Director of the Division of Taxation shall annually on or before June 23, 1998, and on or before May 10 of each year thereafter, calculate and certify to each remitter of the assessment the uniform transitional utility …

54:30A-120 Certification of amount of assessments. 56. a. Upon making the computation of the assessments under this act, the Director of the Division of Taxation shall certify the amount of such assessments. If for any reason the making and delivering of a certificate of assessme…

54:30A-121 Prior year's adjustment to assessment. 57. The Director of the Division of Taxation in making the assessment imposed by this act on any remitter for any year shall deduct from or add to the assessment for that year any deduction or addition to the extent and in the man…

54:30A-122 Rules, regulations applicable to remitters. 58. The Director of the Division of Taxation in the Department of the Treasury shall promulgate such rules and regulations applicable to remitters subject to this act as may be necessary to effectuate the purposes and provisi…

54:30A-123 Deposit of tax monies, certain. 66. a. For State budgetary purposes, the State Treasurer shall direct that all tax monies collected pursuant to contracts executed pursuant to tariff rate schedules and associated gross receipts and franchise unit tax classes approved by…

54:30A-124 Imposition of fees, taxes, levies, assessments by certain local units prohibited. 69. a. No municipal, regional, or county governmental agency may impose any fees, taxes, levies or assessments in the nature of a local franchise, right of way, or gross receipts fee, tax…

54:30A-125 Telecommunication assessment. 72. Every telephone company that was subject to the provisions of P.L.1940, c.4 (C.54:30A-16 et seq.) as of April 1,1997, that makes an advance payment of its applicable gross receipts and franchise tax to the State in the final year of th…

54:30A-126 Submission of final tax form by energy utilities. 73. The repeal of and amendments to various provisions of law pursuant to P.L.1997, c.162 (C.54:10A-5.25 et al.), prospectively eliminating the imposition of unit-based energy taxes on gas, electric and gas and electric…

54:30A-30. Rules, regulations The Director of the Division of Taxation in the Department of the Treasury and the Board of Public Utilities shall promulgate such rules and regulations applicable to taxpayers subject to P.L.1940, c.4 (C.54:30A-16 et seq.) as may be necessary to eff…

54:30A-49 Purpose of act. 1. The purpose of this act is to provide a complete scheme and method for the taxation of sewerage and water corporations using or occupying the public streets, highways, roads or other public places, to exempt from taxation other than imposed by this ac…

54:30A-50 Definitions. 2. Definitions. As used in this act--unless the context otherwise requires: (a) "Taxpayer" means any corporation subject to taxation under the provisions of this act. (b) "Real estate" means lands and buildings of taxpayers, but it does not include pipes, c…

54:30A-51 Taxation of sewerage, water corporations. 3. Sewerage and water corporations using or occupying public streets, highways, roads or other public places, and their property and franchises, shall be subject to taxation only as in this act provided. Any such corporation sha…

54:30A-52 Taxation of real estate. 4. All the real estate as herein defined, owned or held by any taxpayer shall be assessed and taxed at local rates in the manner provided by law for the taxation of similar property owned by other corporations or individuals, and all proceedings…

54:30A-54 Excise tax for sewerage, water corporation; rate; certain amount computed; average tax. 6. Every sewerage and water corporation using or occupying the public streets, highways, roads, or other public places in this State shall, annually, pay excise taxes for the privile…

54:30A-54.1 Computation, certification of excise taxes. 8. The director shall annually, on or before April 1, 1964, and April 1 in each year thereafter, compute the excise taxes payable to the State as provided in subsection (c) of section 6 hereof. Within five days after making …

54:30A-54.1a Amount, payment of tax. 2. a. For sewerage and water corporations, on or before May 1, 1971, except as hereinafter provided, and on or before May 1 of each year thereafter, every person, copartnership, association or corporation subject to the excise tax imposed by s…

54:30A-54.2. Deductions from or additions to subsection (c) tax The director, in making the computation of excise taxes due the State under section 6(c) of this act from any taxpayer for any year, shall deduct from or add to the amounts so determined for such year the amount of a…

54:30A-54.3. Administration, collection and enforcement of subsection (c) taxes The administration, collection and enforcement of the tax imposed by subsection (c) of section 6 of this act shall be subject to the provisions of the State tax uniform procedure law as therein provid…

54:30A-54.4 Advance payment; computation; due date. 14. a. For sewerage and water corporations, on or before April 1, 1979 and on or before June 1 in each year thereafter, the director shall compute an advance payment equal in amount to 55% of the increase in taxes due under subs…

54:30A-54.5. Credit of advance payment as partial payment in preceding year In the calculation of the tax due in accordance with section 6 of P.L.1940, c. 5 (C. 54:30A-54), in the year 1980 and in each year thereafter, every person, copartnership, association or corporation subje…

54:30A-55 Statements by taxpayers operating public utilities. 7. (A) Every taxpayer shall on or before the first day of September, 1941 and on or before the first day of September in each year thereafter return to the Director of the Division of Taxation a statement in such form,…

54:30A-62 Certification of excise taxes; statements to taxpayer. 14. Within five days after making the computation of the excise taxes under subsections (a) and (b) of section 6 of P.L.1940, c.5 (C.54:30A-54) the Director of the Division of Taxation shall certify to the State Tre…

54:30A-63 Statements to director. 15. When any corporation subject to taxation under this act shall acquire the rights, property and franchises of using and occupying public streets, highways, roads or other public places in this State of persons, copartnerships, associations or …

54:32A-54. Taxes and penalties not to remain lien after January 1, 1953 Notwithstanding the provisions of any other law, no taxes imposed, and no penalties and interest thereon incurred, pursuant to the provisions of chapter thirty-two-A of Title 54 of the Revised Statutes and no…

54:32B-1. Short title This act shall be known and may be cited as the "Sales and Use Tax Act." L.1966, c. 30, s. 1.

54:32B-10 Sale of motor vehicle, aircraft, boat, vessel, exemption from tax. 10. (a) Receipts from any sale of a motor vehicle, an aircraft or a boat or other vessel shall not be subject to the retail sales tax imposed under subsection (a) of section 3, despite the taking of phys…

54:32B-11 Certain uses of property exempt from tax. 11. The following uses of property shall not be subject to the compensating use tax imposed under this act: (1) In respect to the use of property used by the purchaser in this State prior to July 1, 1966. (2) In respect to the u…

54:32B-12 Collection of tax from customer. 12. (a) Every person required to collect the tax shall collect the tax from the customer when collecting the price, service charge, amusement charge or rent to which it applies. If the customer is given any sales slip, invoice, receipt o…

54:32B-12.1 Deduction from taxable sales for bad debts. 30. a. A seller shall be allowed a deduction from taxable sales for bad debts. b. The amount of the deduction from taxable sales allowed pursuant to subsection a. of this section shall not include interest. c. For the purpos…