The NJ Division of Taxation recently released Technical Bulletin 87 (TB-87), which provides information on New Jersey’s treatment of the IRC 163j limitation. For a copy of TB-87, please click here.
Based on the release of this Technical Bulletin, we are soliciting feedback on the impact that the guidance may have on NJBIA members. To submit any feedback or comments you have, please reach out to me at AMusick@njbia.org.