Corporate Tax

New Jersey Modifications State Company Tax Packages and Distant Work

New Jersey businesses can expect changes to the state’s corporate tax relief programs, including easing the rules on where their employees live.

New Jersey Governor Phil Murphy signed a bill last week introducing changes demanded by the economy as the pandemic increased teleworking.

“This legislation will support our small businesses, boost job creation in New Jersey and strengthen our growing film and television industries,” said Alexandra Altman, a governor’s spokeswoman, in a statement Wednesday. The governor has continued to look at the economic impact of the pandemic, she said.

The democratic governor signed …

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