New Jersey Amends State Corporate Tax Programs, Remote Work

New Jersey businesses can expect changes to the state’s corporate tax break programs, including a relaxation of rules for where its employees live.

New Jersey Gov. Phil Murphy signed a bill last week that would make changes called for by business given how the pandemic has increased telecommuting.

“This legislation will support our small businesses, drive job creation in New Jersey, and bolster our growing film and TV industry."said Alexandra Altman, a spokeswoman for the governor in a statement Wednesday. The governor has been continuing to address the economic impact from the pandemic, she said.

The Democratic governor signed ...