Changes To Company Car Tax 2025 Nj

Changes To Company Car Tax 2025 Nj. A copy of the new law can be found here. After july 1, 2025, all sales of zevs will be subject to the full sales and use tax amount of 6.625%.


Changes To Company Car Tax 2025 Nj

Businesses with more than $100,000 in annual new jersey receipts โ€” or with 200 transactions in the state โ€” would be subject to the corporate business tax even if they lack. Starting october 1, 2024, zero emissions vehicles are subject to a 3.125% sales tax.

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