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N.J.S.A. § 54:8A-43.

Agreements with taxpayer relating to liability

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

The Division of Taxation is authorized to enter into a written agreement with any taxpayer relating to the liability of such taxpayer in respect of any tax, fee, penalty or interest heretofore or hereafter imposed by this act, if it is found that such agreement is in the best interests of the State, which agreement shall be final and conclusive, and except upon a showing of fraud, malfeasance, or misrepresentation of a material fact:

# (a)

the case shall not be reopened as to the matters agreed upon or the agreement modified, by any officer, employee, or agent of this State, and

# (b)

in any suit, action, or proceeding, such agreement, or any determination, assessment, collection, payment, cancellation, refund or credit made in accordance therewith, shall not be annulled, modified, set aside or disregarded.

L.1961, c. 32, p. 146, s. 43, eff. May 29, 1961. Amended by L.1961, c. 129, p. 789, s. 27.

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In this chapter (40 sections)
  1. 54:8A-18. · Payment of tax; returns; extension of time
  2. 54:8A-19. · Assignment of claim for refund of money paid or withheld in…
  3. 54:8A-20. · Transportation fund; purposes; authorization to use
  4. 54:8A-21. · Endowment fund; investment; use
  5. 54:8A-22. · Misapplication of funds; right to refund
  6. 54:8A-23. · "Source state" defined
  7. 54:8A-29. · Taxable year; annual accounting period; calendar year;…
  8. 54:8A-30. · "Partnership" defined
  9. 54:8A-31. · Partnership liability; inclusions in gross income
  10. 54:8A-32. · Computation of gross income of taxpayer
  11. 54:8A-33. · Income derived from sources within taxpayer's source state;…
  12. 54:8A-34. · "Net income" defined
  13. 54:8A-35. · Computation of net income; deductions
  14. 54:8A-36. · Computation of gross income from federal adjusted gross…
  15. 54:8A-37. · Additional deductions
  16. 54:8A-38. · Inventories
  17. 54:8A-39. · Net capital gain or loss; computation; deductions
  18. 54:8A-40. · Items not deductible
  19. 54:8A-41. · "Capital assets" defined
  20. 54:8A-42. · Basis of property; gain or loss from sale or other…
  21. 54:8A-43. · Agreements with taxpayer relating to liability
  22. 54:8A-44. · Persons required to file
  23. 54:8A-46. · Actions for collection of tax
  24. 54:8A-47. · Payment of tax; signing of documents; certification of…
  25. 54:8A-48. · Taxable year; method of accounting
  26. 54:8A-49. · Withholding return
  27. 54:8A-50. · Liability of employer required to withhold tax; special…
  28. 54:8A-51. · Failure of employer to deduct and withhold tax or to pay…
  29. 54:8A-52. · Reciprocity credit; relief from withholding
  30. 54:8A-53. · Delinquent return or taxes; penalties; interest; abatement…
  31. 54:8A-54. · Applicability of State Tax Uniform Procedure Law
  32. 54:8A-55. · Administration; determination of amount of tax due
  33. 54:8A-56. · Exercise of powers and duties of Division of Taxation by…
  34. 54:8A-57. · Effective date; suspension of tax; cessation
  35. 54:8A-58. · Short title
  36. 54:8A-59. · Imposition of tax; levy; collection; payment
  37. 54:8A-60. · Rate of tax
  38. 54:8A-61. · Definitions
  39. 54:8A-62. · "Derived from sources within" defined
  40. 54:8A-63. · "Source state" defined
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