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N.J.S.A. § 54:10A-8.

Adjustment of allocation factor

Official textNew Jersey Statutes Annotated (Tax)lis.njleg.state.nj.uslast amended
Summarize

If it shall appear to the commissioner that an allocation factor determined pursuant to section 6 does not properly reflect the activity, business, receipts, capital, entire net worth or entire net income of a taxpayer reasonably attributable to the State, he may adjust it by:

# (a)

excluding one or more of the factors therein;

# (b)

including one or more other factors, such as expenses, purchases, contract values (minus subcontract values);

# (c)

excluding one or more assets in computing entire net worth; or

# (d)

excluding one or more assets in computing an allocation percentage; or

# (e)

applying any other similar or different method calculated to effect a fair and proper allocation of the entire net income and the entire net worth reasonably attributable to the State.

L.1945, c. 162, p. 569, s. 8. Amended by L.1949, c. 236, p. 742, s. 3; L.1958, c. 63, p. 193, s. 4; L.1968, c. 250, s. 4, eff. Aug. 16, 1968.

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In this chapter (40 sections)
  1. 54:10A-5.44 · Credit against tax imposed pursuant to C.54:10A-5
  2. 54:10A-5.45 · Tax credit for employer of employee who donates organ,…
  3. 54:10A-5.46 · Credit against certain tax
  4. 54:10A-5.47 · Credit against tax; definitions
  5. 54:10A-5.48 · Tax credit for taxpayer's purchase of unit concrete…
  6. 54:10A-5.49 · Tax credit, producer, low embodied carbon concrete,…
  7. 54:10A-5.5 · Definitions relative to new jobs investment tax credit
  8. 54:10A-5.50 · Tax credit, cost incurred, environmental product…
  9. 54:10A-5.6 · Determination of taxpayer credit allowed
  10. 54:10A-5.7. · Determination of aggregate annual credit allowed
  11. 54:10A-5.8. · Qualified investment in property purchased for business…
  12. 54:10A-5.9 · New jobs factor to determine amount of credit allowed
  13. 54:10A-5b · Credit for air carrier, certain circumstances
  14. 54:10A-6 · Allocation factor
  15. 54:10A-6.1 · "Operational income" defined; related corporate expenses…
  16. 54:10A-6.2 · Determination of receipts from services, alternative…
  17. 54:10A-6.3 · Determination of sales fraction for airline
  18. 54:10A-6.4 · Definitions
  19. 54:10A-6.5 · Computation of entire net income
  20. 54:10A-7. · "Compensation of officers and employees within state"…
  21. 54:10A-8. · Adjustment of allocation factor
  22. 54:10A-9. · Taxpayer holding stock of subsidiary; deductions from net…
  23. 54:10A-10 · Evasion of tax; adjustments and redeterminations; obtaining…
  24. 54:10A-11. · Receivers and others subject to tax
  25. 54:10A-13. · Report of changed, corrected taxable income
  26. 54:10A-14 · Director may require taxpayer to submit information
  27. 54:10A-14.1 · Records available for inspection, examination
  28. 54:10A-15 · Annual tax payable; manner of payment
  29. 54:10A-15.1. · Fiscal or calendar accounting years between December 31,…
  30. 54:10A-15.10 · Regulations, forms
  31. 54:10A-15.11 · Tax payment by certain partnerships; definitions
  32. 54:10A-15.2. · Tax liability under $500; installment payment
  33. 54:10A-15.3. · Taxpayer in bankruptcy or receivership, or with…
  34. 54:10A-15.4 · Underpayment; amount added to tax; interest
  35. 54:10A-15.6 · Provisions concerning certain limited, foreign limited…
  36. 54:10A-15.7 · Provisions concerning certain limited, foreign limited…
  37. 54:10A-15.8 · Installment payments
  38. 54:10A-15.9 · Liability of taxpayers for privilege periods beginning in…
  39. 54:10A-16. · Lien
  40. 54:10A-17 · Determination of net worth, income; failure to file return
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