N.J.A.C. 18:2-8.5 - Notice of Set-off

(a) The Division will give notice both to the vendor and to the taxpayer, if the taxpayer is a partner or shareholder of the vendor-entity, as soon as the Division takes set-off action under this chapter.

(b) The notice will:

1. Specify the contract payment due to the vendor that is being sent to the Division of Taxation to offset the taxpayer's tax debt; and

2. Provide the vendor with an opportunity to protest the set-off action by filing a written protest within 30 days of the date of the notice.

(c) A written protest must conform to the requirements of N.J.A.C. 18:1-1.8.

(d) The filing of a protest does not stay the collection of the indebtedness.