N.J.A.C. 18:7-3.12 - Method of Accounting

In general, the method of accounting, whether cash, accrual, or other basis, used in computing net income for Federal income tax purposes is to be used in computing entire net income pursuant to the Corporation Business Tax Act. For additional information on methods of accounting for combined groups and members of combined groups, see N.J.A.C. 18:7-21.