NJ Corporate Tax Update
by Azra Khan
New Jersey enacted technical and substantive changes to 2018 Corporation Business Tax Reform
On November 4, Governor Phil Murphy signed into law SB 3007 /AB 4809, which makes some significant changes to the Corporation Business Tax Act (“CBTA”) that may have both favorable and unfavorable results for corporate taxpayers based on specific circumstances. Many provisions of the bill are effective for the 2019 tax year so it will be important to analyze the impact as soon...
