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N.J.S.A. § 54:8A-4.

"Derived from sources within" defined

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

"Derived from sources within" 1 State or another, as applied to entire net income, 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.1961, c. 32, p. 127, s. 4, eff. May 29, 1961. Amended by L.1961, c. 129, p. 755, s. 2, eff. Dec. 22, 1961.

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In this chapter (40 sections)
  1. 54:8A-1. · Short title
  2. 54:8A-2. · Imposition of tax; levy; collection; payment; exemption
  3. 54:8A-3. · "Resident" defined
  4. 54:8A-4. · "Derived from sources within" defined
  5. 54:8A-5. · "Critical area state" defined; legislative findings;…
  6. 54:8A-6. · Rates; computation of tax upon entire net income
  7. 54:8A-6.1. · Minimum income tax on minimum taxable income of each…
  8. 54:8A-6.2. · Minimum taxable income
  9. 54:8A-6.3. · Tax surcharge
  10. 54:8A-6.4. · Maximum tax rate on personal service income
  11. 54:8A-7. · Gross income defined; manner of computing
  12. 54:8A-8. · "Taxpayer" defined
  13. 54:8A-9. · Standard deduction
  14. 54:8A-10. · Exemptions from net income
  15. 54:8A-11. · "Dependent" defined
  16. 54:8A-12. · "Related to taxpayer" defined
  17. 54:8A-13. · Dependent; claim by person contributing more than ten per…
  18. 54:8A-14. · "Eligibility year" defined
  19. 54:8A-15.1. · Household, and household and dependent care services…
  20. 54:8A-16. · Credits for tax imposed by another critical area state
  21. 54:8A-17. · Withholding tax
  22. 54:8A-18. · Payment of tax; returns; extension of time
  23. 54:8A-19. · Assignment of claim for refund of money paid or withheld in…
  24. 54:8A-20. · Transportation fund; purposes; authorization to use
  25. 54:8A-21. · Endowment fund; investment; use
  26. 54:8A-22. · Misapplication of funds; right to refund
  27. 54:8A-23. · "Source state" defined
  28. 54:8A-29. · Taxable year; annual accounting period; calendar year;…
  29. 54:8A-30. · "Partnership" defined
  30. 54:8A-31. · Partnership liability; inclusions in gross income
  31. 54:8A-32. · Computation of gross income of taxpayer
  32. 54:8A-33. · Income derived from sources within taxpayer's source state;…
  33. 54:8A-34. · "Net income" defined
  34. 54:8A-35. · Computation of net income; deductions
  35. 54:8A-36. · Computation of gross income from federal adjusted gross…
  36. 54:8A-37. · Additional deductions
  37. 54:8A-38. · Inventories
  38. 54:8A-39. · Net capital gain or loss; computation; deductions
  39. 54:8A-40. · Items not deductible
  40. 54:8A-41. · "Capital assets" defined
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