N.J. Admin. Code § 18:7-13.6

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:7-13.6 - Time for payment of tax

(a) The annual franchise tax must be paid to the Director in full on or before the due date of the return. For accounting periods ending on or after December 31, 1980, the annual franchise tax, including any estimated or installment payments required to be made pursuant to the Corporation Business Tax Act and N.J.A.C. 18:7-3.13 must be paid to the Director in full on or before the due date of the return. For due dates of returns see N.J.A.C. 18:7-11.7.

(b) Installment payments are due on or before the respective due dates as set forth in 18:7-3.1 3.

(c) A taxpayer that ceases to be subject to tax under the Act must pay the entire tax for each fiscal or calendar accounting period or part of a period during which it had a taxable status. See N.J.A.C. 18:7-11.11.

N.J. Admin. Code § 18:7-13.6

Amended by 49 N.J.R. 1694(a), effective 6/19/2017