On Tuesday, March 6, Senate President Sweeney announced that he would introduce legislation imposing a 3% surcharge on the Corporation Business Tax (CBT) for companies earning over $1 million in net income. The proposal, which would increase the top rate on New Jersey’s CBT from 9 percent to 12 percent, is estimated to generate $657 […]
CBT Surcharge Proposal – Your Input Needed
Mar08,2018
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