New Jersey programs with salable tax credits
Many New Jersey tax credit programs allow approved credits to be sold, giving eligible businesses, developers and organizations a way to turn those credits into cash. The programs below represent some of the state’s key salable tax credit opportunities.
Cultural Arts Facility Expansion Program (CAFÉ) – Designed to assist cultural and arts institutions build, expand or rehabilitate their venues.
Film and Digital Media Tax Credit Program – Provides tax credits to entertainment companies for qualified production expenses incurred in the state
Emerge Program – Provides per-job tax credits to businesses that invest private capital in the state and create or retain good-paying jobs.
Technology Business Tax Certificate Transfer Program (NOL Program) – Enables unprofitable, early-stage technology and biotechnology firms to sell a percentage of net operating losses (NOLs) and research and development tax credits to unrelated profitable corporations.