N.J. Stat. § 34:11-33.2

Current through L. 2024, c. 87.

Section 34:11-33.2 - Definitions

In this act, unless the context otherwise indicates,

(a) "Tax advantage" refers to income or wage taxes, and means

(1) a less inclusive definition of taxable income or wages,

(2) a lower rate of tax,

(3) a greater number of or amount of available exemptions, or

(4) a greater number or amount of available deductions, or any of the foregoing, and

(b) "Foreign taxing jurisdiction" or "jurisdiction" means a sister State or any municipality or other subdivision of a sister State which imposes a tax on the income or wages of residents of this State from sources within such jurisdiction.

N.J.S. § 34:11-33.2

L.1961, c.10, p.30, s.2.