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DRAFT Technical Bulletin The NJ Division of Taxation has shared a regarding the CBT filing requirements for banks under the new combined reporting regime in New Jersey in order to gather comments and suggestions prior to it formally being released.  The DRAFT Technical Bulletin explains the treatment of banking corporations and combined groups.  This is not the typical process for a Technical Bulletin, however, it is being done in this case because it is a unique circumstance dealing with a specific industry.

 

For a copy of the DRAFT Technical Bulletin, please click here.

 

As such, your feedback on this topic is valuable.  At this time, I am asking you to share any comments or suggestions you may have regarding the DRAFT Technical Bulletin, by Tuesday, July 16, 2019 at 12:00 p.m.  I will then compile the comments and pass them along to the Division.  To submit any feedback or comments you have, please reach out to me at AMusick@njbia.org.

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