New Jersey Amends Rules to Conform to SST Provisions

New Jersey has amended various sales and use tax rules to conform to the provisions of the Streamlined Sales and Use Tax (SST) Agreement. The amendments include clarifying exemption certificate issuance and acceptance procedures, retention of records, adding a definition for “Model 4 seller,” and correcting typographical errors. (N.J.A.C. 18:24-5.16, 18:24-7.17, 18:24-10.2, 18:24-10.3, 18:24-10.4, 18:24-10.5, 18:24-10.6, 18:24-11.2, 18:24-19.7, 18:24B-1.1, 18:24B-1.2, 18:24B-1.5, 18:24B-1.6, 18:24B-1.7, and 18:24B-1.9, New Jersey Division of Taxation, effective March 17, 2014)

Posted on May 6, 2014