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NOT FOR PUBLICATION WITHOUT THE APPROVAL OF
THE TAX COURT COMMITTEE ON OPINIONS
___
DELMARVA POWER & LIGHT CO.,)
)
Plaintiff,)
)
v.)
)
DIRECTOR, DIVISION OF TAXATION,)
)
Defendant.
)
___)
Decided:
TAX
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Who needs njactb:
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What is njactb?
The njactb stands for New Jersey Annual Corporation Business Tax.
Who is required to file njactb?
All corporations that conduct business in New Jersey or have nexus in the state are required to file the njactb.
How to fill out njactb?
The njactb can be filled out online through the New Jersey Division of Taxation website or by submitting paper forms.
What is the purpose of njactb?
The purpose of njactb is to calculate and report the annual corporation business tax obligations for corporations operating in New Jersey.
What information must be reported on njactb?
Information such as gross receipts, net income, deductions, credits, and other relevant financial and business information must be reported on the njactb.
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