54:53-14 - Opinion of attorney general on compromise;  necessity; contents;   exceptions

54:53-14.  Opinion of attorney general on compromise;  necessity; contents;   exceptions
    Except as otherwise provided in this section, before an offer in compromise  is accepted, there shall be placed on file in the office of the director the  opinion of the Attorney General or his designee with respect to such  compromise, with his reasons therefor, and including a statement of:

    a.  The amount of tax assessed

     b.  The amount of interest, additional amount, addition to the tax, or assessable penalty, imposed by law on the person against whom the tax is assessed, and

    c.  The amount actually paid in accordance with the terms of the compromise;

     provided, however, no such opinion shall be required with respect to the compromise of any civil case in which the unpaid amount of tax assessed, including any interest, additional amount, addition to the tax or assessable penalty, is less than $5,000.00.

     L.1975, c. 387, s. 14, eff. March 3, 1976.