NJ A1720 | 2016-2017 | Regular Session
Note: Carry Over of previous A4826
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-01-27 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-01-27 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Updates corporation business tax reporting, reduces tax sheltering, and improves tax enforcement by requiring related corporations to file combined tax return using "water's edge" approach.
Title
Updates corporation business tax reporting, reduces tax sheltering, and improves tax enforcement by requiring related corporations to file combined tax return using "water's edge" approach.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-27 | Assembly | Introduced, Referred to Assembly Commerce and Economic Development Committee |
Same As/Similar To
A4826 (Carry Over) 2015-12-03 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2016/A1720 |
| Text | https://pub.njleg.gov/Bills/2016/A2000/1720_I1.HTM |
