18:26-7.16 Transfer taxes due other jurisdictions
(a) A deduction is allowed for any transfer, succession or legacy taxes paid or payable to any state or territory of the United States, including the District of Columbia or any foreign country provided the property upon which such tax is paid or payable is subject to the New Jersey Transfer Inheritance Tax.
(b) The amount due or paid the United States Government as a Federal Estate Tax is not allowable as a deduction.
(a) A deduction is allowed for any transfer, succession or legacy taxes paid or payable to any state or territory of the United States, including the District of Columbia or any foreign country provided the property upon which such tax is paid or payable is subject to the New Jersey Transfer Inheritance Tax.
(b) The amount due or paid the United States Government as a Federal Estate Tax is not allowable as a deduction.
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