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Code · New Jersey · Title 54A — New Jersey Gross Income Tax Act · Chapter 10

54A:10-5. Distribution of additional amount.

54 words·~1 min read·/nj/title-54a/chapter-10/54a-10-5

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In addition to the amount determined in section 4 above, there shall be added to the amount to be distributed to each municipality the following:
a. An amount equivalent to the senior citizen deductions in each municipality, and;
b. An amount equivalent to the veterans' deductions in each municipality.
L.1976, c. 73, s. 5.
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