Archive for Tag: Sales Tax

Bramnick statement of Murphy borrowing decision

TRENTON, N.J. – Assembly Republican Leader Jon Bramnick released a statement after the state Supreme Court ruled that Gov. Phil Murphy may proceed with his plan to borrow $9.9 billion to balance the state budget. “Borrowing $9.9 billion to cover expenses will raise taxes across New Jersey,” said Bramnick...

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Businesses could benefit from more time to file sales tax returns says Dancer

TRENTON, N.J. – As non-essential businesses around the state remain shuttered and other businesses operate within limitations due to the coronavirus pandemic, Assemblyman Ron Dancer introduced a bill giving them an extension on filing their sales tax returns and remitting payment to the state. “Businesses that are able to...

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Oroho and Wirths drive home need to open car dealerships

TRENTON, N.J. – Two legislative budget officers, Sen. Steve Oroho and Assemblyman Hal Wirths, are asking the governor to open New Jersey car dealerships as the state faces declining sales tax revenue and residents must navigate limited public transportation options. Gov. Phil Murphy’s recent executive order closed all non-essential...

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Bergen asks Murphy to assist businesses with tax holiday

TRENTON, N.J. – Gov. Phil Murphy said his administration is working to set up a state business-incentive program to help employers during the coronavirus pandemic. Assemblyman Brian Bergen commended Murphy for understanding that without businesses there aren’t jobs, and would like to work with him on providing broad-based relief....

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Bergen bill grants small businesses credits for sales tax collection

TRENTON, N.J. – Assemblyman Brian Bergen introduced legislation this week to give small businesses credit for collecting and remitting sales tax to the state. “The state expects our small businesses to collect, manage, file and remit sales taxes all at their own expense. It’s time that costs associated with...

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Dancer bill excluding horse-boarding services from sales tax goes to governor’s desk

TRENTON, N.J. – Both the Senate and Assembly passed legislation (A1045) today, sponsored by Assemblyman Ron Dancer, to exempt horse boarding, maintenance and related services from the state sales tax. “There has been ongoing confusion in the industry about tax responsibilities, and as a result, stables have closed up...

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Dancer bill excluding horse-boarding services from sales tax advances

TRENTON, N.J. – Today the Senate Budget and Appropriations Committee advanced legislation (A1045) sponsored by Assemblyman Ron Dancer that would exempt horse boarding, maintenance and related services from the state sales tax. “There has been ongoing confusion in the industry about tax responsibilities, and as a result, stables have...

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