Statutes, codes, and regulations
New Jersey Statutes
Title 54 - TAXATION
Chapter 54:49 - TAX A DEBT AND LIEN; PREFERENCE; PROCEEDS PAID TO COMMISSIONER
Section 54:49-9.1 - 50% of assessment for civil fraud

N.J. Stat. § 54:49-9.1

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Current through L. 2023, c. 256.
Section 54:49-9.1 - 50% of assessment for civil fraud

If any part of an assessment is due to civil fraud, there shall be added to the tax an amount equal to 50% of the assessment. This amount shall be in lieu of any other additions to the tax imposed by R.S. 54:49-4 and R.S. 54:49-9.

N.J.S. § 54:49-9.1

L.1987, c.76, s.60.