New Jersey S1585 reinstates the annual sales tax holiday for computers, school supplies, and recreational equipment.
New Jersey S1585 reinstates the annual sales tax holiday for retail sales of computers, school computer supplies, school supplies, school art supplies, school instructional materials, and sport or recreational equipment. This holiday exempts these items from sales tax when sold to individual purchasers for non-business use during a specified annual exclusion period. The annual exclusion period is defined as the time between 12:01 a.m. on the ninth day preceding the first Monday in September and 11:59 p.m. on the first Monday in September of each year.
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- Critical Issues
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