New Jersey Governor Signs GILTI Decoupling Package

David Shipley, Co-Chair of Stevens & Lee’s State and Local Tax Group, was featured in the article “New Jersey Governor Signs GILTI Decoupling Package” published in Tax Notes on July 6, 2023. He provided an in-depth assessment of a law signed by Gov. Phil Murphy that treats global intangible low-taxed income as a dividend subject to the state’s 95 percent exclusion rule.

The online version can be read on the Tax Notes website (a subscription may be required to view the full article).