Adapts new federal partnership audit regime under gross income tax, ends COVID-related State tax extensions, and eliminates requirement to affirmatively elect New Jersey S Corporation status.

Compiled by the New Jersey State Library2023-06-222023-06-22https://hdl.handle.net/10929.1/28888Year: 2022, Chapter: 133Adapts new federal partnership audit regime under gross income tax, ends COVID-related State tax extensions, and eliminates requirement to affirmatively elect New Jersey S Corporation status.Legislative History