N.J. Admin. Code § 18:7-5.12
Current through Register Vol. 56, No. 24, December 18, 2024
For privilege periods ending before July 31, 2019, a taxpayer may deduct a New Jersey net operating loss carryover as defined at N.J.A.C. 18:7-5.13 in computing its entire net income before exclusions and before the net operating loss deduction. For privilege periods ending on and after July 31, 2019, net operating loss deductions will be determined pursuant to N.J.A.C. 18:7-5.21.
N.J. Admin. Code § 18:7-5.12
See: 17 N.J.R. 2096(a), 18 N.J.R. 309(a).
Amended by R.1994 d.186, effective 4/18/1994.
See: 26 N.J.R. 761(a), 26 N.J.R. 1696(b).