Oct 16, 2020
Executive Order Extends Deadline for 2019 Corporate Business Tax Calendar Year Return Filing
On October 15, 2020, Governor Murphy signed Executive Order No. 189, extending the filing deadline for 2019 Corporate Business Tax (CBT) calendar year returns being filed under extension to November 16, 2020, due to the COVID-19 pandemic.
Pursuant to the Order, the Director of the Division of Taxation shall not impose any penalties for failure to file a CBT report for the applicable tax year after October 15, 2020 but on or before November 16, 2020.
Schenck Price will continue to monitor legislative developments at the state, federal and local level, and will provide further updates on future legislative enactments. If you have any questions about the laws referenced in this Alert, please contact the author at firstname.lastname@example.org.
DISCLAIMER: This Alert is designed to keep you aware of recent developments in the law. It is not intended to be legal advice, which can only be given after the attorney understands the facts of a particular matter and the goals of the client.