Requires combined groups to be determined on world-wide basis under corporation business tax.

Summary

The bill changes New Jersey corporate tax rules so that every member of a combined filing group must include its total global earnings, not just U.S. earnings. It applies to both U.S. and foreign corporations that file a combined return, and sets new steps for converting foreign earnings and handling treaty‑related income. The goal is to make group income reporting more consistent and comprehensive.

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