NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The New Jersey Business & Industry Association is supporting legislation that will make corporate business tax (CBT) reporting and compliance easier for corporations through technical corrections to CBT law. In testimony submitted to the Assembly Commerce and Economic Development Committee today, NJBIA Vice President of Government Affairs Christopher Emigholz described bill A-4809 as a “win-win” […]
Gov. Phil Murphy today signed an executive order that extends the deadline for 2019 Corporation Business Tax (CBT) calendar year returns being filed under extension to Nov. 16. The extension was ordered due to the ongoing COVID-19 pandemic. The previous deadline for calendar year returns being filed under extension had been today, Oct. 15, although […]
NJBIA President and CEO Michele Siekerka issued the following statement regarding today’s announcement of an agreement between Governor Murphy and legislative leadership to expand the base of those will pay the state’s gross income tax rate from 8.97% to 10.75%. “This tax increase in exchange for suggested middle-class relief is a gimmick that further verifies […]
The Division recently announced that it will automatically waive the late filing penalty for corporation business taxpayers with a properly extended federal return due date of October 15, 2019, as long as the return is filed by November 15, 2019 for extended calendar year corporations. This is being done as the extended filing date for […]
In past years, the taxation policy committees of the New Jersey Business & Industry Association (NJBIA) and the New Jersey State Chamber of Commerce have proposed a number of important recommendations to improve the state’s business climate by inspiring business confidence, encouraging investment, economic growth and creating jobs. These recommendations are designed to help make […]
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New Jersey Business & Industry Association
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