Fiscal Year 2005 Results Just In
Welcome
In 1999 a New Jersey State law went into effect allowing emerging
technology and biotechnology companies to transfer, "sell", their
unused New Jersey Net Operating Loss carry forwards (NOL’s) and New Jersey Research
and Development Tax Credits (R&D Credits) for cash. Profitable companies, paying New
Jersey corporate tax, can "buy" these credits at a discount thereby reducing
their state tax obligation. Administered by the State Economic Development Authority
and passed by the Senate and General Assembly of the state of New Jersey ( P. L. 1997, c334, Senate No. 1709-Final Version Chapter 140), the intent of
this law is not only to stimulate economic growth within the state, but also to
aggressively expand the State’s emerging technology and biotechnology industries.
 If
you are part of a high technology or biotechnology company we
can help you get the financing you need to flourish. The New Jersey legislature has
passed a law that makes it possible for you to sell your net operating losses and unused
research and development credits to get the cash you need to grow.
 If you are a profitable company currently paying New Jersey
Corporate tax and want to decrease the amount of state taxes you owe, we can help
you. You can purchase these losses and credits at a discount and receive tax benefit
transfer certificates for the full amount. They are guaranteed by the state of New Jersey
and so are essentially risk free.
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