New Jersey bill A3533 exempts services related to carpeting and other flooring installation from sales and use tax.
New Jersey bill A3533 amends the state's sales and use tax law to exclude services rendered in connection with the installation of carpeting and other flooring from the tax. This change applies to services that result in a capital improvement to real property. The bill aims to alleviate the tax burden on contractors, sub-contractors, and retail dealers who currently collect and remit the tax for these services. The amendment takes effect immediately and applies to services rendered after a specified date following the bill's enactment.
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