The New Jersey Governor signed a law that imposes temporary limitations on net operating loss (NOL) deductions under the state’s corporation business tax law, to enhance tax revenue. The law …
The New Jersey Governor signed a law that imposes temporary limitations on net operating loss (NOL) deductions under the state’s corporation business tax law, to enhance tax revenue. The law caps NOL deductions at $1,000,000 per privilege period from… [378 chars]
Source: Bloomberg Tax News | Published: 2026-07-08T21:06:43Z
Credit: Bloomberg Tax News
