Tax & Accounting Blog

New Jersey Enacts Streamlined Sales Tax Legislation

Indirect Tax, Sales and Use Tax, Transaction Tax April 21, 2011

On Thursday April 14th New Jersey Governor Chris Christie signed S2130 into law.  The legislation, effective 4/8/2011, revises the imposition of the sales and use tax on digital property, provides relief from liability due to certain tax rate changes, and makes various other technical changes and clarifications to the tax to maintain compliance with the Streamlined Sales and Use Tax Agreement.