New Jersey Resurrects Throwout: A GILTI Exorcism Is Near!

Tax Notes State

19 Aug 2019
Reprinted with permission.

In their article for Tax Notes State, titled “New Jersey Resurrects Throwout: A GILTI Exorcism Is Near!,” Morrison & Foerster lawyers Mitchell Newmark and Eugene Gibilaro discuss the throwout issue regarding New Jersey’s allocation and taxation of global intangible low-taxed income.

On August 20, 2019, one day after the article was published, New Jersey withdrew its Technical Bulletin (TB-85).

Read the article. (Subscription required)

See the state’s retraction of TB-85



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