N.J. Admin. Code § 18:5-8.1

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:5-8.1 - Deficiency assessment

(a) After a report or return is filed with the Director, the Director shall cause the same to be examined and may make such further audits or investigations as deemed necessary.

(b) If the Director determines that there is a deficiency with respect to the payment of any tax due, he or she shall:

1. Assess the additional taxes, penalties, and interest due from the taxpayer;

2. Give notice of such assessment to the taxpayer; and

3. Make demand for payment.

N.J. Admin. Code § 18:5-8.1

Amended by 49 N.J.R. 1912(b), effective 7/3/2017