Have questions about COVID-19?
The NJ Poison Control Center and 211 have partnered with the State to provide information to the public on COVID-19:
Call: 2-1-1 for general information (24/7) or 1-800-962-1253 for medical information (24/7)
Text: NJCOVID to 898-211
Visit covid19.nj.gov or nj.gov/health for additional information
Section 1 of P.L. 2018, c.48 (N.J.S.A. 54:10A-5.41), as amended by P.L. 2018, c. 131, imposes a temporary surtax in addition to the annual corporation franchise tax on taxpayers having New Jersey allocated taxable net income that exceeds one million dollars at the rates as follows:
The surtax applies to all taxpayers with a corporation business tax liability, but does not apply to public utilities or New Jersey S Corporations. The surtax is imposed on allocated taxable net income.
Note: The New Jersey corporation business tax rates have not changed. The 2018 rates remain the same as the rates that were in effect for 2017.