NJ Sales Tax Rate Change
Published: 1/3/2017 11:27:38 AM
We at the office of Beeferman Huber LLC wanted to inform you that the State of New Jersey has reduced the sales and use tax rate.
Effective January 1, 2017, the tax rate has been reduced from 7% to 6.875%. The tax rate will be decreased again effective January 1, 2018 to 6.625%. We have included the notice from the State of New Jersey’s website for additional information.
Please note, if tangible personal property, specified digital products, or services were sold before January 1, 2017 but the tangible personal property or specified digital products are delivered, or the services are rendered on or after January 1, 2017, sales tax must be collected at the new rate of 6.875%.
Please review this information and do not hesitate to contact our office if you should have any questions!
Very truly yours,
Beeferman Huber LLC