logo

NJ Charities Get a Boost from New Legislation

October 31, 2016
Authored by Robert C. Daleo and James N. Karas, Jr.

Taxpayers who have changed their domicile from New Jersey often go to great lengths to minimize New Jersey contacts to avoid a challenge to their changed state residence. In the past, there was concern that even making donations to New Jersey-based charities could be used against a taxpayer claiming non-residence. Thankfully, that is no longer the case.

On June 27, 2013, Governor Chris Christie signed into law a bill that prohibits the State from taking into account any tax-deductible contribution of money or property to a New Jersey charity, or any time spent volunteering for a 501(c)(3) organization in New Jersey, in determining whether an individual is a resident of the state for income tax purposes. This should come as a sigh of relief to New Jersey charities and their out-of-state supporters.

MADISON
TRENTON
NEW YORK CITY

www.riker.com