N.J.A.C. 18:7-11.9 - Time for Filing Returns for Unauthorized Foreign Corporations Doing Business in New Jersey

(a) A foreign corporation that does business, employs, or owns capital or property or maintains an office in New Jersey without authorization or after its withdrawal from the State, is subject to tax for each calendar or fiscal accounting period or part thereof during which it has engaged in any such activity. The corporation is subject to the same requirements with respect to filing returns and paying taxes as a duly authorized corporation.

(b) In this connection, see N.J.S.A. 14A:13-11 pursuant to which every foreign corporation transacting any business, directly or indirectly, in New Jersey without having first obtained a Certificate of Authority to do business here, shall for each offense forfeit to the State the sum of not less than $200.00 nor more than$ 1,000 to be recovered with costs in an action prosecuted by the Attorney General in the name of the State.