New Jersey S2734 provides a gross income tax exclusion for capital gains from the sale of certain employer securities by qualified businesses that.
New Jersey S2734 provides a gross income tax exclusion for capital gains from the sale of certain employer securities by qualified businesses that result in a net positive benefit to the state. This applies to non-publically traded businesses with fewer than 500 employees, whose headquarters or base of operations is in the state, selling to an employee stock ownership plan, a New Jersey S corporation owned by an employee stock ownership plan, or an eligible worker-owned cooperative.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.