# N.J. Stat. § 54:10A-4.1: TEFA as State tax

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.1

## Section

- **Citation:** N.J. Stat. § 54:10A-4.1
- **Heading:** TEFA as State tax
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 54 / Chapter 10A / Section 10A-4.1

## Text

68. Notwithstanding the use of the term assessment, the transitional energy facility assessment tax is a State tax within the meaning of section 164 of the federal Internal Revenue Code of 1986, 26 U.S.C. s.164, pursuant to which a deduction is allowed in arriving at federal taxable income for the taxable year within which it is paid or accrued and such amount shall be added back to entire net income pursuant to subparagraph (c) of paragraph (2) of subsection (k) of section 4 of P.L.1945, c.162 (C.54:10A-4). L.1997,c.162,s.68.

## Nearby sections

- [N.J. Stat. § 54:10A-1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-1.md)
- [N.J. Stat. § 54:10A-2 Payment of annual franchise tax.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-2.md)
- [N.J. Stat. § 54:10A-3 Corporations exempt.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-3.md)
- [N.J. Stat. § 54:10A-4 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.md)
- [N.J. Stat. § 54:10A-4.1 TEFA as State tax.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.1.md)
- [N.J. Stat. § 54:10A-4.2 Attachment of certificate to return for net operating loss carryover.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.2.md)
- [N.J. Stat. § 54:10A-4.3 Carryover of net operating loss for certain taxpayers.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.3.md)
- [N.J. Stat. § 54:10A-4.5 Carryover of net operating loss for privilege period as deduction; exceptions.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.5.md)
- [N.J. Stat. § 54:10A-4.6 Determination, entire net income, member, combined group.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.6.md)
- [N.J. Stat. § 54:10A-4.7 Allocation factor, taxable members, combined group.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.7.md)
- [N.J. Stat. § 54:10A-4.8 Combined unitary tax return filed by combined group.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.8.md)
- [N.J. Stat. § 54:10A-4.9 Use of alternative minimum assessment credit.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.9.md)
- [N.J. Stat. § 54:10A-4.10 Determination, managerial member.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.10.md)
- [N.J. Stat. § 54:10A-4.11 Determination, combined group, world-wide, affiliated group basis.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.11.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C10A_S10A-4.1. Check the current official text before relying on it. Not legal advice.