On July 3, 2023, New Jersey Governor Phil Murphy signed A.B. 5323 into law to amend New Jersey’s Corporation Business Tax (“CBT”). The bill enacted a variety of clarifications, corrections, and modifications to the CBT....more
The Pennsylvania Governor signed H.B. 1342 to enact changes to the state’s corporate income tax. The legislation modifies the corporate income tax in three ways: (1) adopts a bright-line economic nexus standard; (2) adopts...more
New York’s Fiscal Year 2022 budget increases taxes on corporations and high earners and provides relief to pandemic-hit industries.
Temporary increases to tax rates on corporations, individuals, and tax credits for...more
4/16/2021
/ Coronavirus/COVID-19 ,
Corporate Taxes ,
Dodd-Frank ,
Franchise Taxes ,
Income Taxes ,
New York ,
Relief Measures ,
Sales Tax ,
State Budgets ,
Tax Credits ,
Tax Rates