A Break for Out-of-State Businesses in a Disaster

The New Jersey Dept. of the Treasury explains that a business that restores critical infrastructure in a declared disaster isn’t required to register, file, report and pay state or local taxes or fees requiring the filing of a NJ tax return. And out-of-state employees, or their employers, needn’t report and pay state or local income taxes. But, when out-of-state businesses or employees purchase goods and services used in NJ, they must pay all associated taxes and fees. Read the law.

Contact the Cg Team with questions via the form to the right or call 732.676.4100. © 2019