54:49-9.1. 50% of assessment for civil fraud
52 words·~1 min read·
/nj/title-54/chapter-49/54-49-9-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any part of an assessment is due to civil fraud, there shall be added to the tax an amount equal to 50% of the assessment. This amount shall be in lieu of any other additions to the tax imposed by R.S. 54:49-4 and R.S. 54:49-9.
L. 1987, c. 76, s. 60.