N.J. Admin. Code § 18:2-10.3

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:2-10.3 - Requirements for Tax Clearance Certificate

(a) The person or business entity applying for business assistance or incentive shall apply to the Director for a Tax Clearance Certificate and provide the information necessary for the Director to make a determination that the applicant is compliant with New Jersey tax laws and has satisfied all requirements for filing State tax and information returns, and for paying State taxes which the applicant is liable for as a taxpayer or collector of tax.

(b) A Tax Clearance Certificate may be issued when the following has occurred:

1. An Application for Tax Clearance Certificate has been completed and submitted along with a nonrefundable fee of either $ 75.00 or $ 200.00, as appropriate;

2. The applicant taxpayer's account and the accounts of related entities (for example, subsidiaries, officers, partners) that will directly benefit from the assistance requested have been reviewed to determine tax compliance; and

3. All taxes and reports required by the applicant taxpayer or related entities are current.

N.J. Admin. Code § 18:2-10.3

Amended by 47 N.J.R. 3150(a), effective 12/21/2015