A1533 — Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability.

A1533 — Allows New Jersey S corporations to elect to transfer corporation business tax credits to shareholders to apply against the shareholders' gross income tax liability. · Informed CitizenryThis bill allows New Jersey S corporations to elect to transfer specific corporation business tax credits to their shareholders. Instead of applying these credits against the corporation's own busi…Open in Informed Citizenry