54:4-2.41 - Use of returns; destruction - New Jersey Statutes

54:4-2.41.  Use of returns;  destruction    The returns required to be filed under this act shall not be used as a basis  for determination of any assessment or any imposition of a tax but shall be  used by the director only for the purpose of compiling and tabulating  statistical information which he shall use for the purpose of analyzing the  statutory law relating to the taxation of personal property used in business  and making recommendations required under section 38 of the act hereby  supplemented.  All returns filed pursuant to this act shall be destroyed within  1 year from the date filed with the director.

     L.1963, c. 9, s. 5.