N.J. Admin. Code § 18:5-8.3

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

Section 18:5-8.3 - Arbitrary assessment for fleeing, concealment, or removing appropriate

(a) The Director may immediately make an arbitrary assessment under N.J.S.A. 54:49-7 whether or not any report is due by law and may proceed under the arbitrary assessment to collect the tax, or compel posting of security, and give notice of the finding to the taxpayer with a demand for an immediate report or return an immediate payment of such tax, if it appears that:

1. The taxpayer intends to flee the State of New Jersey;

2. The taxpayer intends to remove his or her property, or any property subject to the Act;

3. The taxpayer intends to discontinue business; or

4. The taxpayer intends to do any other act tending to prejudice or render wholly or partly ineffectual proceedings to assess or collect tax.

N.J. Admin. Code § 18:5-8.3

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