The creation of a new simplified standardized return for combined groups, banking corporations, financial business corporations, and separate return filers designed to replace the CBT-100U, BFC-1, and CBT-100 is underway. However, due to the combination of significant changes to Corporation Business Tax reporting and administration over the last several years, coupled with technical challenges, implementation of the new form is now expected to be effective starting with the 2022 tax year. The divisions of Taxation, and Revenue and Enterprise Services, are committed to providing the best, modernized, and standardized return for these entities with privilege periods ending on or after July 31, 2022.
P.L. 2018, c. 48, and P.L. 2018, c. 131 made significant changes to the Corporation Business Tax Act. P.L. 2020, c. 118, which was signed into law on November 4, 2020, also made a series of technical corrections, clarifications, and changes. The Division is in the process drafting information regarding these changes. Information will continue to be posted as it becomes available.
|Notice||Short Period Returns in the Context of Combined Reporting|
|TB-103||Initial Guidance on New Jersey's Conformity to IRC Section 1502 for Combined Returns|
|TB-102(R)||Net Operating Losses (NOLs) and Post Allocation Net Operating Losses (PNOLs) with Certain Mergers & Acquisitions|
|TB-101||Income Reporting and Accounting Methods of Non-U.S. Corporations Members of a Combined Group|
The Combined Group as a Taxpayer under the Corporation Business Tax Act
|TB-99||Income Reporting and Returns for Banking Corporations for Privilege Periods Ending on and after July 31, 2020|
|TB-98||Federal Return and the Forms and Schedules to Include with the Corporation Business Tax Return Pursuant to P.L. 2020, C. 118|
The World-Wide and Affiliated Group Elections for 2019/2020 CBT-100U Returns
|TB-97||Changes and Corrections to the Corporation Business Tax and Other Taxes/Fees Pursuant to P.L. 2020, C. 118|
|TB-96||Net Deferred Tax Liability Deduction and Combined Returns|
|TB-95||Net Operating Losses and Combined Groups|
|TB-94(R)||General Information on the New Net Operating Loss Regime for Tax Years Ending on and After July 31, 2019|
|TB-93||The Unitary Business Principle and Combined Returns|
|TB-92(R)||Sourcing IRC §951A (GILTI) and IRC §250 (FDII)|
|TB-91||Banking Corporations and Combined Returns|
|TB-90(R)||Tax Credits and Combined Returns|
|TB-89(R)||Combined Group Filing Methods|
|TB-88||Combined Groups: Exclusion of Double Inclusion of GILTI and Treatment of Related Party Addbacks|
|TB-87(R)||Initial Guidance for Corporation Business Tax Filers and the IRC § 163(j) Limitation|
|TB-86(R)||Included and Excluded Business Entities in a Combined Group and the Minimum Tax of a Taxpayer That is a Member of a Combined Group|
|TB-85||Tax Conformity to IRC §951A (GILTI) and IRC §250 (FDII)|
|TB-84(R)||Changes to the New Jersey Corporation Business Tax|
|TB-80||Addback of Other States Taxes|
|Notice||Federal Tax Cuts and Jobs Act (TCJA) � Opportunity Zones|
|TB-79(R)||Nexus for Corporation Business Tax|
|TAM–2015-1(R)||New Jersey Tax Treatment of Virtual Currency|
|LR: 2012-5-CBT||Sourcing of income received from issuing and selling of stored value cards, gift cards, gift certificates and similar items for apportionment purposes|
|TAM 2011-13R||Add Back of Related Member Interest Expense|
|TAM-2012-1||Intercompany Transfer Pricing and Advanced Pricing Agreements|
|TAM 2011-22||International Affiliate Transactions Involving Intangibles and Intellectual Property|
|TAM 2011-6||Foreign Corporations Subject to Tax|
All Corporation Business Tax returns and payments must be made electronically (see Efile Mandate).
Forms and instructions are available online for informational purposes.
|CBT-100||Corporation Business Tax Return|
|CBT-100U - Combined Filer||Returns must be filed electronically. A copy of the instructions can be found online at Corporation Business Tax Combined Form Instructions.|
|CBT-100S||Corporation Business Tax Return|
|BFC-1||Corporation Business Tax Return for Banking and Financial Institutions|
The Corporation Business Tax Special Adoption Regulations have been finalized and were sent to the Office of Administrative Law (OAL) on April 8 for publication in the NJ Register on May 4, 2020. Note that these regulations were immediately effective on April 8, 2020.