| Bill Aims To Eliminate Sales Tax On NJ Horse Stalls |
A bill that would eliminate the sales tax on horse stall rental was introduced on Feb. 1 in the New Jersey Assembly by Ronald Dancer.
Separately stated charges for stall rental became subject to sales tax on Oct. 1, 2006. Such charges are treated as the “furnishing of space for storage.”
This bill would clarify the sales tax collection responsibilities of horse boarding businesses in New Jersey by providing an exemption from the sales and use tax for the lease or rental of stable stalls and charges for horse boarding and other related services. Training services are currently not taxed.
| Read More into tapinto.net |
Facebook Comments