3B:18-24 - Income commissions - New Jersey Statutes

3B:18-24.  Income commissions
    Commissions in the amount of 6% may be taken without court allowance on all  income received by the fiduciary.  For the purposes of this section, income  which is withheld from payment to the fiduciary pursuant to any law of this  State, or of the United States, or any other state, country or sovereignty or  of any political subdivision or governmental unit of any of the foregoing, for  income tax or other tax purposes, shall be deemed to be income received by the  fiduciary, and shall be subject to income commissions as if actually received  by the fiduciary.

     L.1981, c. 405, s. 3B:18-24, eff. May 1, 1982.