N.J. Stat. § 54:10A-8
Adjustment of allocation factor
New Jersey · New Jersey Statutes Title 54 — Taxation · Status: effective
Cite this
- Citation
- N.J. Stat. § 54:10A-8, Adjustment of allocation factor, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1483073
- Permanent ID
ys:prov:1483073@1- SHA-256
0e51e7719397380cb6037838938da8351af2398fe9fef8ea7f5c67309612fa74
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
If it shall appear to the commissioner that an allocation factor determined pursuant to section 6 does not properly reflect the activity, business, receipts, capital, entire net worth or entire net income of a taxpayer reasonably attributable to the State, he may adjust it by:
(a) excluding one or more of the factors therein;
(b) including one or more other factors, such as expenses, purchases, contract values (minus subcontract values);
(c) excluding one or more assets in computing entire net worth; or
(d) excluding one or more assets in computing an allocation percentage; or
(e) applying any other similar or different method calculated to effect a fair and proper allocation of the entire net income and the entire net worth reasonably attributable to the State.