New Jersey will soon require managerial members to register combined groups. For tax years ending on and after 7/31/19, commonly owned companies engaged in a unitary business are required to calculate their corporation business tax on a combined basis. The managerial member of each combined group must register with the NJ Division of Revenue and Enterprise Service to obtain a new identification number that’s specific to combined reporting. Estimated payments can’t be made until the registration process is complete. Click here for more information. © 2019

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Source:
“Mandatory Registration of a Combined Group by Managerial Member.” State of New Jersey Department of the Treasury. January 30, 2019. Accessed February 06, 2019. https://www.state.nj.us/treasury/taxation/mandatory-registration.shtml.