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NEW JERSEY — A retiring New Jersey assemblyman has breathed new life into an attempt to keep a controversial business tax in place. An extra surcharge on the state’s corporate business...
New Jersey has a 9 percent tax on businesses, with smaller companies earning less than $1 million taxed on a sliding scale that bottoms out at 6.5 percent. New Jersey previously charged an...
An extra surcharge on New Jersey's corporate business tax (CBT) will expire on Jan. 1, 2024 if not renewed by state lawmakers. (Shutterstock)
The mission of the New Jersey Department of the Treasury is to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's physical and financial assets, and provide statewide support services to state and local government agencies as well as ...
GSI & @njbusiness today set the record straight on false rhetoric about New Jersey's business taxes by issuing a one-pager that gives the FACTS about the benefits of reducing taxes in...
How NJ's Plummeting Tax Revenue Will Impact Your Budget Revenue collections in May dropped $641.8 million, or 19.6 percent from last May according to the NJ Department of the Treasury.