New Jersey Statutes Title 54. Taxation 54 § 10A-15.2

a. With respect to its fiscal or calendar accounting years ending on or after December 31, 1980 and thereafter, but before July 31, 2023, any taxpayer with a tax liability of less than $500.00 under subsection (c) of section 15 of P.L.1945, c. 162 (C.54:10A-15) shall not be required to make any installment payments other than an installment payment of 60%60 percent, and 50%50 percent with respect to accounting years ending on or after December 31, 1981, which is required to be paid at the time of the annual return.

b. With respect to its fiscal or calendar accounting years ending on or after July 31, 2023, any taxpayer with a tax liability of less than $1,500 under subsection (c) of section 15 of P.L.1945, c. 162 () shall not be required to make any installment payments other than an installment payment of 50 percent, which shall be paid at the time of the annual return.

c. For the purposes of subsection b. of this section, for a combined group, the provisions of subsection b. shall apply by taxable member in aggregate for the combined group.