New Jersey Statutes

§ 54:30-1 — Certain receipts of public utilities not taxable

New Jersey § 54:30-1
JurisdictionNew Jersey
Title 54TAXATION

This text of New Jersey § 54:30-1 (Certain receipts of public utilities not taxable) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 54:30-1 (2026).

Text

A public utility which is required by the laws of this state to pay an annual franchise tax based upon gross receipts shall not include in the statement of the gross receipts upon which the tax is based, levied or assessed, any sum or sums of money received in payment for such portion of its products as may have been sold and furnished to another public utility which is also subject to the payment of a franchise tax based upon gross receipts. A public utility which is required by the laws of this state to pay a tax based upon gross receipts in lieu of a tax on personal property shall not include in the statement of the gross receipts upon which such tax is based, levied or assessed, any sum or sums of money received in payment for such portion of its products as may have been sold and furn

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Jersey § 54:30-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54/54%3A30-1.