Division of Taxation Provides Updated CBT Guidance

The New Jersey Division of Taxation has published several documents containing guidance on the corporation business tax and combined groups:

• Revision to Division Policy on Combined Groups and P.L. 86-272
• The Combined Group as a Taxpayer under the Corporation Business Tax Act
• Combined Group Filing Methods
• Included and Excluded Business Entities in a Combined Group and the Minimum Tax of a Taxpayer that is a Member of a Combined Group