Liability for either income tax or emergency transportation tax or transportation benefits tax
54:8A-119. Liability for either income tax or emergency transportation tax or transportation benefits tax
An individual subject to the New Jersey Gross Income Tax, Title 54A of the New Jersey Statutes, and to the Emergency Transportation Tax, P.L.1961, c. 32 (C. 54:8A-1 et seq.), or the Transportation Benefits Tax, P.L.1971, c. 222 (C. 54:8A-58 et seq.), shall only be liable for a sum equal to the amount of tax due and payable under
(1) the New Jersey Gross Income Tax Act or
(2) The Emergency Transportation Tax Act or the Transportation Benefits Tax Act, whichever is greater.
L.1976, c. 66, s. 1, eff. Aug. 17, 1976.
This is the verbatim text of N.J.S.A. 54:8A-119, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.