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Form Your BusinessDevelop an Alternate Name (DBA)Obtain anEmployer Identification Number from the IRSRegister for NJ Tax and Employer Purposes

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Technology Business Tax Certificate Transfer (NOL) Program [formerly Net Operating Loss Program]

Deadline

Deadline:

June 30, 2024

Start Date:

May 1, 2024

Eligibility

  • Technology or life sciences companies with up to 225 employees in the United States with an operating loss for at least the last 2 years

Benefits

Ability to sell NOL and unused R&D tax credits for up to 80% of their value up to a total amount of $20M.

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