N.J. Admin. Code § 18:7-18.3

Current through Register Vol. 56, No. 21, November 4, 2024

Section 18:7-18.3 - Taxpayers not subject to the alternative minimum assessment

(a) Corporations that are subject to tax under 54:10A-5 but that are not subject to the alternative minimum assessment are:

1. New Jersey S corporations;

2. Investment companies;

3. Professional corporations organized pursuant to 14A:17-1 et seq. or a similar corporation for profit organized to render professional services under the laws of another state; or

4. A person operating as a cooperative under 26 U.S.C. §§ 1381 et seq.

N.J. Admin. Code § 18:7-18.3