De Rosa v. Director, Division of Taxation

BIANCO, J.T.C.

The sole remaining issue before the court in this matter is the calculation of interest (and penalty, if any) due by plaintiff, Peter De Rosa (“Mr. De Rosa”) as the Executor of the Estate of Joseph Rendeiro (“the Estate”), on the balance of the Estate’s transfer inheritance tax obligation. In De Rosa v. Dir., Div. of Taxation, 28 N.J.Tax 73 (Tax 2014), this court affirmed the transfer inheritance tax assessment of defendant, Director, Division of Taxation (“the Director”), against the Estate. Pursuant to N.J.S.A. 54:35-3, the court determined that the appropriate rate of…