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New Jersey Bonus Depreciation Decoupling Regulation Declared Invalid

On October 23, 2017 , the Superior Court of New Jersey, Appellate Division, issued an opinion affirming the New Jersey Tax Court’s decision in Toyota Motor Credit Corp. v. Director, Division of Taxation , No. 002021-2010, August 1, 2014 (TAXDAY, 2014/08/06, S.11 ). At issue was the application period of the decoupling from federal bonus […]

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