New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 26 - TRANSFER INHERITANCE AND ESTATE TAX
Subchapter 3 - ESTATE TAX-DECEDENTS DYING ON OR BEFORE DECEMBER 31, 2001
Section 18:26-3.5 - Taxation of future interests after estate tax paid; credit

If, after the payment of the New Jersey estate tax, there becomes due and payable a tax upon any future interest in any property under an instrument creating an executory devise or an estate in expectancy of any kind or character that is contingent or defeasible, or if by reason of any additional or corrected assessment by the Director an additional inheritance, succession, or legacy tax becomes due and payable, the tax paid will be credited against the tax arising therefrom, but the amount so credited will not in any event exceed the amount of the tax so accruing.