New Jersey Statutes
§ 54:4-20 — Exemption of personal property of life insurance companies subject to franchise tax
New Jersey·Title 54 TAXATION
The personal property of whatever kind and wherever located of any life insurance company incorporated under any law of this State subject under any law of this State to a franchise tax imposed upon it for the privilege of carrying on its business shall be and is hereby expressly exempted from taxation. Amended by L.1945, c. 132, p. 492, s. 9; L.1950, c. 101, p. 194, s. 12.
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New Jersey § 54:4-20 (Exemption of personal property of life insurance companies subject to franchise tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 54:4-1
Property subject to taxation.§ 54:4-1.11
Procedures for administration of tax§ 54:4-1.12
Storage tank deemed real property§ 54:4-1.13
Short title§ 54:4-1.14
Findings, declarations§ 54:4-1.15
Definitions§ 54:4-1.16
Schedule for reducing assessment§ 54:4-1.2
Short title§ 54:4-1.3
Legislative findings and determinations§ 54:4-1.4
Definitions