54:10A-5.38 Tax credit for employment of certain handicapped persons.
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/nj/title-54/chapter-10a/54-10a-5-38·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1.a. A taxpayer shall be allowed a credit against the tax imposed pursuant to section 5 of P.L.1945, c.162 (C.54:10A-5), in an amount equal to 20% of the salary and wages paid by the taxpayer during the privilege period for the employment of a qualified person, but not to exceed $1,000 for each qualified person for the privilege period.