New Jersey Statutes
§ 54:30-1 — Certain receipts of public utilities not taxable
New Jersey·Title 54 TAXATION
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
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Nearby Sections
15
§ 54:30A-100 Short title; purpose of act.
§ 54:30A-100 Short title; purpose of act.§ 54:30A-103
Payment of assessment by corporation.§ 54:30A-104
Statement of sales from remitter due February 1.§ 54:30A-106
TEFA statement to remitter.§ 54:30A-107
Liability for TEFA assessment.§ 54:30A-108
Payments due May 15.§ 54:30A-109
Certification of amount of assessments.§ 54:30A-111
Remitter, certain, subject to assessment.§ 54:30A-112
Prior year's adjustment to assessment.