Matthew L. Setzer Photo

Matt is an associate in Reed Smith’s State Tax Group. He currently focuses his practice on Pennsylvania and New Jersey corporate and sales and use tax appeals.

Matt Regularly writes and speaks on emerging topics concerning New Jersey’s corporation business tax. As a result, Matt is a contributor to state tax publications, including Tax Analyst’s State Tax Notes.


  • Villanova University School of Law, 2015, J.D., Villanova Law Review, Student Works Editor
  • Millersville University, 2012, B.A., English

  • Pensilvania
  • Nueva Jersey

Notable Quotes

  • 6 March 2024 "Litter-Generating Tax Appeal Awaits Certification Over 'Constitutional Questions of Taxing and Spending'" New Jersey Law Journal
  • 22 February 2024 "Business Group Wants New Jersey High Court to Rule on Litter Tax" Bloomberg Tax
  • 21 November 2022 "NJ Senate OKs Ending Tax Assessment Deadline Suspension" Law 360
  • 20 September 2022 "NJ Transfer Pricing Resolution Program Enrolls 22 Cos." Law 360
  • 18 May 2022 “New Jersey Tax Division Proposes New and Updated CBT Regs” Tax Notes
  • 7 March 2022 “Wash. Bank Tax Violates Interstate Commerce Law, Justices Told” Law 360
  • 24 January 2022 “New Jersey Court Upholds Refund Reg, but Finds Refund Offset Barred” Tax Notes
  • 22 September 2021 “New Jersey Appeals court Reverses Full Refund in Royalty Addback Case” Tax Notes 
  • 27 Aril 2021 “New Jersey Tax Court Again Holds P.L. 86-272 Preempts Assessment” Tax Notes 
  • 28 January 2021 “New jersey Court: Drug Company’s Gain is Apportionable Income” Tax Notes
  • 27 January 2021 “New Jersey Tax division Issues Guidance on P.L. 86-272” Tax Notes
  • 15 January 2021 “New Jersey Provides One-Time Exception for Combined Return Filing Method” Tax Notes 
  • 16 December 2020 “New Jersey Issues Guidance on New Corporation Business Tax Law” Tax Notes 
  • 6 November 2020 “New Jersey Enacts Fixes, Revisions to Corporate Tax” Tax Notes
  • 4 November 2020 “New Jersey Extends Corporate Business Tax Rules on GILTI, FDII” Tax Notes
  • 14 October 2020 “New Jersey Democrats Introduce Combined Reporting Cleanup Bill” Tax Notes 
  • 4 September 2020 “New Jersey Appeals court Allows Use of Partnership Losses” Tax Notes
  • 19 May 2020 “NJ Justices Won’t Review Telecom Co.’s Mass Fax Dispute” Law 360
  • 22 April 2020 “New Jersey Amends Related-Party Transaction Rules, Issues GILTI Regs” Tax Notes
  • 26 February 2020 “New Jersey Issues Guidance on Net Deferred Tax Liability Deduction” Tax Notes
  • 20 February 2020 “New Jersey Clarifies NOL Calculation for Inactive Corporations” Tax Notes
  • 13 January 2020 "New Jersey Court Affirms Adjusted Allocation for Messaging Services," Tax Notes
  • 9 January 2020 "NJ Appeals Court Affirms Mass Fax Service's Allocation," Law 360
  • 23 August 2019 "New Jersey Issues New Method for Apportioning GILTI, FDII" Tax Notes
  • 2 July 2019 “New Jersey Tax Court: P.L. 86-272 Preempts Alternative Minimum Assessment” Tax Notes
  • 2 July 2019 “New Jersey Reiterates Position on P.L. 86-272 Protection” Tax Notes
  • 26 June 2019 “New Jersey Appellate Court Upholds Decision in Addback Case” Tax Notes
  • 13 June 2019 “New Jersey Bill Would Exclude Foreign Income From Water's-Edge Combined Group” Tax Notes
  • 24 May 2019 “Water's-Edge Method Is Default for New Jersey Combined Returns” Tax Notes
  • 17 May 2019 “Wayfair and Marketplace Issues Dominate Discussion a Year Later” Tax Notes
  • 16 April 2019 “For Section 163(j), New Jersey Corporate Income Must Match Federal Return” Tax Notes
  • 1 March 2019 “New Jersey Tax Court Grants Full Refund in Royalty Addback Case” Tax Notes
  • 22 February 2019 “New Jersey Bill Would Modify GILTI, Combined Reporting Rules” Tax Notes
  • 1 February 2019 "New Jersey Appellate Court Affirms Sourcing of Gain to State" Tax Notes 
  • 14 December 2018 “Company Allowed to Use 3-Factor Apportionment, New Jersey Court Says” Tax Notes
  • 12 December 2018 “New Jersey Issues Corporate Tax Guidance; GILTI Questions Remain” Tax Notes
  • 12 December 2018 “New Jersey Tax Court Finds Partnership Fee Regs Invalid” Tax Notes
  • 10 December 2018 “New Jersey Tax Division's Discretion Not 'Boundless,' Tax Court Rules” Tax Notes
  • 15 October 2018 “Postmark, Mailbox Rules Acceptable for Tax Protest Purposes, New Jersey Court Holds” Tax Notes
  • 9 October 2018 “New Jersey Governor Signs GILTI, Marketplace Bills” Tax Notes
  • 25 September 2018 “New Jersey Legislative Panel Advanced Marketplace Bill” Tax Notes
  • 7 September 2018 “New Jersey Court Upholds Alternative Allocation Method for Fax Services” Tax Notes
  • 3 July 2018  "New Jersey Budget Agreement Includes Combined Reporting" Tax Notes
  • 3 July 2018 " New Jersey Lawmakers Pass First Remote Seller Bill in Response to Wayfair" Tax Notes
  • 21 June 2018 "New Jersey Democrats Embrace Temporary Surtax on Corporate Taxpayers" Tax Notes
  • 20 June 2018 "New Jersey Tax Court Affirms Partnership Not Liable For Tax" Tax Notes
  • 18 June 2018 "Company Can't Reverse Federal Adjustments to Reduce State Income, New Jersey Court Holds" Tax Notes
  • 21 May 2018 "Kraft Foods Subsidiary Must Add Back Interest Payments, New Jersey Court Holds" Tax Notes
  • 2 May 2018 "New Jersey Utility Must Add Back Energy Assessment for Tax Purposes" Tax Notes
  • 6 April 2018 "New Jersey Tax Court Dismisses Shareholder Appeal, Could Reopen Case" Tax Notes 
  • 23 March 2018 "New Jersey Tax Court Again Finds Foreign-Source Income Not Taxable" Tax Notes 
  • 22 March 2018 "Infosys Foreign Source Income Not Taxable, Again: N.J. Court" Bloomberg BNA 
  • 1 March 2018 "New Jersey Partnership Relieved of Partner's $12M Tax Obligation" Bloomberg BNA 
  • 28 February 2018 "New Jersey Tax Court Says Partnership Not Liable for Withholding" Tax Notes 
  • 9 February 2018 "New Jersey Qui Tam Award Taxable, Ineligible for Attorney Fees Deduction" Tax Notes
  • 7 December 2017 "Ohio Supreme Court Affirms Use Tax Exemption for Employment Services" Tax Notes
  • 4 December 2017 "Corporation's Foreign-Source Income Not Subject to State Tax, New Jersey Tax Court Says" Tax Notes
  • 12 October 2017 "New Jersey Tax Court Rules Against Taxpayer in Limited Partnership Nexus Case" Tax Notes
  • 11 October 2017 "N.J. Court Sides With Tax Division in Limited Partner Nexus Fight" Bloomberg BNA
  • 7 September 2017 "Payment of Assessment Does Not Prohibit Filing a Protest, Tax Court Says" Tax Analysts
  • 25 August 2017 "New Jersey Launches Click-Through Voluntary Disclosure Program" Tax Notes
  • 30 May 2017 "New Jersey Tax Court Holds Royalty Payments May Be Deducted in Addback Case" TaxNotes  
  • 8 March 2017 "Practitioners React to New Jersey Audit Manual Release" TaxNotes
  • 3 March 2017 "Altria Group-New Jersey Transit Deal Doesn't Get Tax Break" Bloomberg BNA