N.J. Admin. Code § 18:18A-7.4
Current through Register Vol. 56, No. 24, December 18, 2024
A credit will be permitted against a taxpayer's New Jersey liability for a similar tax on gross receipts paid previously to another state on the same petroleum products. Such credit shall not exceed the tax that the taxpayer would have been required to pay to New Jersey. Credit shall not be taken against a New Jersey liability more than two years after the transaction for which credit is being claimed.
N.J. Admin. Code § 18:18A-7.4