reglab/housing_qa huggingface dataset:
NJ Rev Stat § 54:8A-61 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-61 - Definitions

54:8A-61. Definitions  (a) "Critical area state" means this State and such other state bordering thereon within which there exists part of an area, another part of which is in this State, and within which area there is, as of January 1 of any year, a severe transportation problem in respect to the transportation of persons and property interstate. (b) The Legislature finds and declares that a severe transportation problem exists in connection with transportation interstate between this State and another state bordering thereon due to the number of daily commuters between said states as to create a severe peak-load demand requiring facilities and services, by any means or mode of transportation far in excess of those needed for normal travel outside of usual commuter hours, caused by the carrying on of activities in one of the states by persons residing in another, from which activities such persons derive income or gain from sources within the state other than that in which they reside. The Legislature finds and declares that whenever the total number of annual crossings by persons residing in one of such states who are employed, or carry on a trade, business, occupation or profession in the other state plus the number of annual crossings by persons residing in the other state who are employed, or carry on a trade, business, occupation or profession in the first state exceeds 100,000,000 but is less than 300,000,000, that fact reasonably demonstrates that a severe transportation problem exists. If the number of annual crossings as set forth in this section is found to exist by the Commissioner of Transportation in accordance with subsection (c) hereof, the provisions of this act shall take effect and the provisions of the Emergency Transportation Tax Act, P.L.1961, c. 32 (C. 54:8A-1 et seq.) shall not be applicable to persons subject to tax under this act. (c) On or before December 31, 1971, and within 40 days after the first day of each year hereafter, so long as this act shall remain in effect, the State Transportation Commissioner shall certify to the State Treasurer his findings with respect to the existence of the conditions herein set forth and the identity of any states which he determines to come within the definition in this section. Upon receipt of such certification, the State Treasurer shall cause public notice thereof to be given, by publication in such newspaper or newspapers, and in such form, as he shall find will fairly apprise all persons subject to taxation under this act, of the making of said certification and of the significance thereof to such persons. Any certification so made shall be effective for the entire calendar year as of the first day of which it ascertains the facts. L.1971, c. 222, s. 4, approved June 17, 1971. Amended by L.1971, c. 354, s. 3; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-62 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-62 - "Derived from sources within" defined

54:8A-62. "Derived from sources within" defined  "Derived from sources within" one state or another, as applied to the classes of income enumerated in section 16 (C. 54:8A-73), means such income and gain from all property owned and from salaries, wages, or compensation for personal services of whatever kind and in whatever form paid, and from all business, trade, profession or occupation carried on, in the particular state. No person who is not a dealer holding property primarily for sale to customers in the ordinary course of his trade or business, shall be deemed to carry on a business, trade, profession or occupation in a state solely by reason of the purchase and sale of property for his own account. L.1971, c. 222, s. 5, approved June 17, 1971. Amended by L.1971, c. 354, s. 4; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-63 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-63 - "Source state" defined

54:8A-63. "Source state" defined  "Source state" means, in the case of residents of this State, a critical area state other than the State of New Jersey; and in the case of nonresidents of this State who are residents of another critical area state, the term means the State of New Jersey. L.1971, c. 222, s. 6, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-64 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-64 - Resident individual

54:8A-64. Resident individual  "Resident individual" means an individual who is domiciled in this State unless he maintains no permanent place of abode in this State and does maintain a permanent place of abode elsewhere and spends in the aggregate not more than 30 days of the taxable year in this State; or who is not domiciled in the State but maintains a permanent place of abode in this State and spends in the aggregate more than 183 days of the taxable year in this State. L.1971, c. 222, s. 7, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-65 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-65 - Nonresident individual

54:8A-65. Nonresident individual  "Nonresident individual" means any individual who is not a resident of this State. L.1971, c. 222, s. 8, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-66 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-66 - "Taxpayer" defined

54:8A-66. "Taxpayer" defined  "Taxpayer" means any person subject to a tax imposed by this act, or whose income is in whole or in part subject to a tax imposed by this act, and does not include corporations. L.1971, c. 222, s. 9, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-69 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-69 - "Eligibility year" defined

54:8A-69. "Eligibility year" defined  "Eligibility year" means the calendar year in which the taxable year of the taxpayer begins. L.1971, c. 222, s. 12, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-70 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-70 - "Taxable year" ; "annual accounting period" and "calendar year" defined

54:8A-70. "Taxable year" ; "annual accounting period" and "calendar year" defined  (a) The term "taxable year" means: (1) The taxpayer's or claimant's annual accounting period; if it is a calendar year or a fiscal year; (2) the calendar year; (A) If the taxpayer keeps no books; or (B) The taxpayer does not have an annual accounting period; or (C) The taxpayer has an annual accounting period but such period does not qualify as a fiscal year; or (3) The period for which the return is made, if the return is made for a period of less than 12 months. (b) The term "annual accounting period" means the annual period on the basis of which the taxpayer regularly computes his income in keeping his books. (c) The term "calendar year" means a period of 12 months ending on December 31. (d) The term "fiscal year" means a period of 12 months ending on the last day of any month other than December. L.1971, c. 222, s. 13, approved June 17, 1971. Amended by L.1974, c. 185, s. 2, eff. Dec. 24, 1974; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-71 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-71 - "Partnership" defined

54:8A-71. "Partnership" defined  "Partnership" includes all forms of unincorporated organization other than an estate or trust or a corporation through or by means of which any business, financial operation or venture is carried on or liquidated. L.1971, c. 222, s. 14, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-73 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-73 - "Taxable income" defined

54:8A-73. "Taxable income" defined  The classes of taxable income are as follows: (a)(1) Compensation. All salaries, wages, commissions, bonuses and incentive payments whether based on profits or otherwise, fees, tips and similar remuneration received for services rendered whether directly or through an agent and whether in cash or in property. (2) Net profits. The net income from the operation of a business profession, or other activity, after provision for all costs and expenses incurred in the conduct thereof, determined either on a cash or accrual basis in accordance with accepted accounting principles and practices but without deduction of taxes based on income. (3) Net gains or income from disposition of property. Net gains or net income, less net losses, derived from the sale, exchange or other disposition of property, including real or personal, whether tangible or intangible but only to the extent that the amount of such net gain or income exceeds the taxpayer's actual or attributed base as determined in accordance with accepted accounting principles and practices. For the purpose of this act, for the determination of the basis of any property, real and personal, if acquired prior to June 1, 1971, the date of acquisition shall be adjusted to June 1, 1971 as if the property had been acquired on that date. If the property was acquired after June 1, 1971, the actual date of acquisition shall be used in determination of the basis. The term "net gains or income" shall not include gains or income derived from obligations which are statutorily free from State or local taxation under the laws of the taxpayer's State of residence or under the laws of the United States. (4) Net gains or income derived from or in the form of rents, royalties, patents and copyrights. (5) Dividends. (6) Interest derived from obligations which are not statutorily free from state or local taxation under the laws of the taxpayer's state of residence or under the laws of the United States. (7) Gambling and lottery winnings, except prizes received pursuant to the provisions of the State Lottery Law, P.L.1970, c. 13. (8) Net gains or income derived through estates or trusts. (b) To the extent that income or gain is subject to tax under one of the classes of income enumerated in this section such income or gain shall not be subject to tax under another of such enumerated classes. (c) The Director, Division of Taxation is empowered to issue rules and regulations governing the determination of items entering into the computations of taxable income pursuant to this section. L.1971, c. 222, s. 16, approved June 17, 1971. Amended by L.1971, c. 354, s. 5; L.1974, c. 185, s. 3, eff. Dec. 24, 1974; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-74 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-74 - Division and director defined

54:8A-74. Division and director defined  As used in this act "division" means the Division of Taxation in the Department of the Treasury and "director" means the Director of said Division of Taxation. L.1971, c. 222, s. 17, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-75 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-75 - Allocated income defined

54:8A-75. Allocated income defined  "Allocated income" means that portion of each class of a taxpayer's income derived from sources within his source state. L.1971, c. 222, s. 18, approved June 17, 1971. Amended by L.1971, c. 354, s. 6; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-77 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-77 - Inclusions in and exclusions from income

54:8A-77. Inclusions in and exclusions from income  (a) Income from intangible personal property, including annuities, dividends, interest, and gains from the disposition of intangible personal property, shall constitute income derived from sources within the taxpayer's source state only to the extent that such income is from property employed in a business, trade, profession, or occupation carried on in his source state. (b) Compensation paid by the United States for service in the Armed Forces of the United States, performed by an individual during an induction period, shall not constitute income derived from sources within his source state. (c) There shall be excluded from income all amounts received: (1) as a pension or retirement allowance, (2) under a life insurance contract payable by reason of death, (3) under a workmen's compensation act for personal injuries or sickness, (4) through accident and health insurance for personal injuries or sickness except to the extent that such amounts are paid by or are attributable to contributions by the employer, (5) by gift, bequest, devise or inheritance, (6) as periodic payments for sickness and disability other than regular wages received during a period of sickness or disability. (7) prizes received pursuant to the provisions of the State Lottery Law, P.L.1970, c. 13 shall be exempt from the tax imposed by this act. (8) as payments commonly known as public assistance or unemployment compensation payments by any governmental agency; or (9) as payments to reimburse actual expenses; or (10) as payments made by employers or labor unions for programs covering hospitalization, sickness, disability or death, supplemental unemployment benefits, strike benefits, social security and retirement. L.1971, c. 222, s. 20, approved June 17, 1971. Amended by L.1971, c. 354, s. 7; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-84 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-84 - Apportionment and allocation

54:8A-84. Apportionment and allocation  If a business, trade, profession, or occupation is carried on partly within and partly without this State, the items of income and deduction derived from or connected with sources within this State shall be determined by apportionment and allocation under regulations to be prescribed by the director. L.1971, c. 222, s. 27, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-91 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-91 - Procedure when inventories necessary to compute tax

54:8A-91. Procedure when inventories necessary to compute tax  Whenever the use of inventories is necessary in order clearly to determine the income of any taxpayer, inventories shall be taken by such taxpayer upon such basis as the regulations hereunder may prescribe, conforming as nearly as may be to the best accounting practice in the trade or business and most clearly reflecting the income. L.1971, c. 222, s. 34, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-92 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-92 - Basis of property

54:8A-92. Basis of property  (a) The basis of property, except as otherwise provided in this act, shall be the cost of such property. (1) If the property should have been included in the last inventory, the basis shall be the last inventory value thereof. (2) The basis of property in the hands of a person acquiring the property from a decedent other than by purchase or to whom the property passed from decedent shall, if not sold, exchanged, or otherwise disposed of before the decedent's death by such person, be the fair market value of the property at the date of the decedent's death. (3) If the property was acquired by gift the basis shall be the same as it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gift, except that if such basis is greater than the fair market value of the property at the time of the gift, then for the purpose of determining loss the basis shall be such fair market value. (4) If the basis of property cannot otherwise be established, the basis of such property shall be the fair market value at the time of acquisition. (b) The gain from the sale or other disposition of property shall be the excess of the amount realized over the basis of such property and the loss shall be the excess of the basis of such property over the amount realized. L.1971, c. 222, s. 35, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-93 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-93 - Individuals of partnership liable for tax; computing; liquidation payments

54:8A-93. Individuals of partnership liable for tax; computing; liquidation payments  (a) Individuals carrying on business in partnerships shall be liable for tax under this act only in their individual capacity. Each partner shall include in his income his distributive share, whether distributed or not, of the partnership's net income and net loss for the taxable year, or, where his taxable year is different then for the taxable year of the partner in which ends the taxable year of the partnership. (b) If a partner's entire interest is sold, exchanged or liquidated, his distributive share of such income, gain or loss shall be included in his taxable year in which ends the partnership period ending with such transaction. Under this subsection, a partner's death does not constitute such liquidation. Payments made in liquidation of the interest of a partner who retires or dies shall be taxed as a sale or exchange of such partner's interest in partnership assets, to the extent that they represent such interest, and the balance shall be taxed as the partner's distributive share of partnership income. Under this subsection, amounts paid for unrealized receivables or good will of the partnership shall not be included in payments representing a partner's interest in partnership assets except to the extent that the partnership agreement provides for payment with respect to good will. (C) In determining the extent to which a partner's distributive share is derived from sources within his source state, no effect shall be given to a provision in the partnership agreement which (1) characterizes payments to the partner as being for services or for the use of capital, or (2) allocates to the partner, as income or gain derived from sources outside his source state, a greater proportion of his distributive share of partnership income or gain than the ratio of partnership income or gain derived from sources outside his source state to partnership income or gain from all sources, except as authorized in subsection (d), or (3) allocates to the partner a greater proportion of a partnership item of loss or deduction derived from sources within his source state than his proportionate share of partnership loss or deduction from all sources, except as authorized in subsection (d). (d) The Division of Taxation may adopt regulations to authorize the use of such other methods of determining a partner's portion of partnership items derived from sources within his source state, and the modifications related thereto, as may be appropriate and equitable to insure that only that portion of a partner's distributive share derived from sources within his source state shall be included within such share. L.1971, c. 222, s. 36, approved June 17, 1971. Amended by L.1971, c. 354, s. 8; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-94 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-94 - Income taxes imposed by other states

54:8A-94. Income taxes imposed by other states  (a) A resident taxpayer shall be allowed a credit against the tax otherwise due under this act for the amount of any income tax, wage tax or tax on or measured by gross or net earned or unearned income imposed on him by another state with respect to income which is also subject to tax under this act. (b) The credit provided under this section shall not exceed the proportion of the tax otherwise due under this act that the amount of the taxpayer's taxable income subject to tax by the other jurisdiction bears to his entire taxable income. L.1971, c. 222, s. 37, approved June 17, 1971; expired December 31, 1980 pursuant to L.1971,c.222,s.62.
NJ Rev Stat § 54:8A-96.2 (2021)
2021 New Jersey Revised Statutes|Title 54 - Taxation|Section 54:8A-96.2 - Procedure for claiming special tax provisions

54:8A-96.2. Procedure for claiming special tax provisions  The following procedures shall be employed for claiming the special tax provisions: a. The claimant may claim the special tax provisions upon the expiration of his taxable year in connection with his filing of an annual return under the provisions of this act. The director shall have the power to promulgate such rules or regulations as he may deem necessary to fairly and reasonably implement the provisions of this section. b. Proof of eligibility. The director shall prescribe such regulations and require the submission of such forms and certifications as may be necessary to establish the eligibility of persons applying for the poverty tax exemption. L.1974, c. 185, s. 5, eff. Dec. 24, 1974.