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Glossary of Tax Terms - State
www.state.nj.usAlso see tax amnesty program. Annuity A form of insurance or investment that gives the owner a series of payments as set up under a contract. For more information, see Tax Topic Bulletin GIT-1, Pensions & Annuities. B Base Year For Property Tax Reimbursement (PTR) purposes: This is the first year you met all the PTR eligibility requirements.