Eliminates requirement that taxpayer that qualifies as S corporation for federal tax purposes affirmatively elect New Jersey S corporation status for purposes of corporation business and gross income taxes.
Adapts new federal partnership audit regime under gross income tax, ends COVID-related State tax extensions, and eliminates requirement to affirmatively elect New Jersey S Corporation status.
Adapts new federal partnership audit regime under gross income tax, ends COVID-related State tax extensions, and eliminates requirement to affirmatively elect New Jersey S Corporation status.
Decouples State tax provisions from federal prohibition on cannabis business expense deductions.
Decouples State tax provisions from federal prohibition on cannabis business deductions.
Decouples State tax provisions from federal prohibition on cannabis business deductions.
Gambling Control Act: licensing: corporations.