The Budget in Brief for Fiscal Year 2024 for the U.S. state of New Jersey was recently published by the New Jersey Treasury Office of Management and Budget. One of the notable aspects of the budget is that the state's 2.5% corporate surtax will be allowed to expire at the end of 2023. The 2.5% surtax was introduced in 2018 on companies with income over USD 1 million, resulting in an effective …