NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
Earlier today, Governor Murphy took action on a number of bills. He issued a conditional veto on the following pieces of legislation: A-4262/S-2795 (Pintor Marin/Sweeney) – Decouples certain provisions of corporation business tax from Internal Revenue Code; alters dividends received deduction; revises tax base of surtax on corporation business income; repeals tax on certain dividends. As you […]
The next NJBIA/State Chamber Joint Taxation & Economic Development Policy Committee meeting will be held on Friday, September 21, 2018 at NJBIA headquarters, 10 West Lafayette Street, Trenton, NJ. Registration and continental breakfast will begin at 8:30 a.m. with the meeting taking place from 9:00 a.m. to 12:00 p.m. An agenda will be forthcoming. To […]
On Sunday evening, lawmakers approved a series of tax increases, many of which will impact businesses, to fund the FY 2019 NJ budget ($37.4 billion) that was signed into law. Most notably, the budget deal comes with an increase in the corporate business tax, the inclusion of combined reporting and an increase in the income […]
Hello everyone, Earlier this afternoon, Senate President Steve Sweeney held a press conference where he stated that Democratic leadership in the Senate and the Assembly would add two new revenue sources to help end the budget stalemate. The proposal would include an extension of the proposed CBT surcharge from two years to four. The CBT […]
The Legislature passed its FY 2019 Budget proposal and legislation that made a number of changes to the Corporate Business Tax (CBT), including a rate increase, last Thursday evening, sending it to Governor Murphy for his consideration. Additional changes were made to the CBT bill this past Monday evening. Monday evening, lawmakers made more changes […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
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