New Jersey NCTI Guidance Update
On May 6th, 2026, New Jersey released revised technical bulletin related to the Corporation Business Tax (CBT) treatment of Net Controlled Foreign Corporation Income (NCTI), formerly known as Global Intangible Low Taxed Income (GILTI). The guidance also addresses the name change of the concept related to Foreign Derived Intangible Income (FDDII) to Foreign Derived-Deduction Eligible Income (FDDEI).Â
The State has made clear that there is no change in the existing treatment and has just updated the guidance to reflect the name change of the Federal provisions. Â
For more information related to New Jersey’s conformity to NCTI and FDDEI, click here. For a copy of the NJ Technical Bulletin, click here. Â
Please contact your WG tax advisor if you have any questions.
