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NJBIA-Led Bill to Improve NJ Corporate Tax Structure Goes to Gov. Murphy's Desk
July 01, 2023
TRENTON, New Jersey, July 1 (TNSgov) -- The New Jersey Business and Industry Association issued the following news:

A bill that will reform New Jersey's corporate tax policies to be more competitive with other states by changing the way global intangible low-taxed income (GILTI) and net operating losses (NOLs) are treated under state law advanced to Gov. Phil Murphy's desk on Friday.

Bill A-5323 (Pintor Marin, D-29) and its Senate-counterpart, S-3737 (Sarlo, D-36) was p . . .

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