Back
to top

�ǿ��޴�ýapp

The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google™ Translate. Google™ Translate is an online service for which the user pays nothing to obtain a purported language translation. The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. -
Frequently Asked Questions
Search:

NJ Treasury

Treasury
Divisions / Agencies
- Divisions
- Agencies
Press Releases
Job Opportunities
Contact Us

Division of Taxation

NJ Taxation

Taxation
Filing Services
I am a(n)
I am Looking For
Tax Types
About Us
Contact Us

Home

Corporation Business Tax - Combined Reporting Initiative

The Division is in the process of identifying companies that have been included as part of a combined group filing (CBT-100U return)link to /treasury/taxation/pdf/current/cbt/cbt100u.pdf and indicated that they have nexus link to /treasury/taxation/pdf/pubs/tb/tb79r.pdf with New Jersey but have not filed as a separate entity for periods prior to 2019.

Beginning June 15, 2021, and running through October 15, 2021, companies that have had nexus with New Jersey prior to filing as part of combined return will have the opportunity to come forward and voluntarily comply with their Corporation Business Tax filing requirements. These companies are not eligible for a standard Voluntary Disclosure Agreement, however the Division will consider entering into a Closing Agreement link to /treasury/taxation/pdf/other_forms/special_pro/906.pdf with approved companies based upon the following:

Companies must not have been incorporated in New Jersey, authorized to do business in New Jersey, or registered for Corporation Business Tax prior to being included as part of a 2019 or 2020 combined return;
The taxpayer must provide the New Jersey registration number of the Managerial Member which begins with NU;
The look-back period will be limited to the periods ending after June 30, 2016 or the date nexus was established with New Jersey, whichever is later. Returns for prior periods will not be required;
The taxpayer must file all required returns and remit payment of the reported tax liability in full within 45 days of execution of the agreement.
The Division will waive all penalties;
The taxpayer will remit payment of interest within 30 days of assessment;
All returns will be subject to routine audit.

Failure to take advantage of this initiative will result in the look-back period going beyond return periods ending after June 30, 2016 and all applicable penalties and interest being assessed.

Email questions and requests for disclosure to the Nexus Audit Group at nexusauditgroup.taxation@treas.nj.gov using “Combined Reporting Initiative” as the subject line.

Last Updated: Wednesday, 04/09/25