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UZ-1 STATE OF NEW JERSEY DIVISION OF TAXATION 10-10, R-16 APPLICATION FOR REDUCED SALES TAX COLLECTION FOR QUALIFIED URBAN ENTERPRISE ZONE RETAIL BUSINESSES All businesses qualified under the Urban.

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On and after January 1, 2022, qualified UEZ businesses are entitled to annual Sales Tax savings of up to $6,625 (6.625% State Sales Tax rate x $100,000) on retail purchases made by a business when using its UZ-5, as well as an annual Sales Tax savings of up to $6,625 on purchases that are made by all contractors using ...

A contractor may use the UZ-4 to purchase construction materials, supplies, and services exempt from Sales Tax when used exclusively to improve, alter, or repair the real property of a qualified business at its zone location.

Certain items are exempt from sales tax, such as food, clothing, drugs, and manufacturing/processing machinery and equipment. A resale exemption also exists. Learn more about the UEZ Program. Hotel Room Occupancy Tax is 5%, but occupancies of 90 or more consecutive days are exempt.

Under the new law, only the first $100,000 in annual taxable purchases of construction materials, supplies, and services made by all contractors hired to work on your property are exempt from Sales and Use Tax.

The exemption allows businesses to charge half the State Sales Tax rate on exempt sales. The current Sales Tax rate in UEZs is 3.3125%; Loans, grants, and assistance is provided to qualified businesses from the distribution of Sales Tax collected (UEZ Assistance Fund); Unemployment insurance tax benefits; and.

Some goods are exempt from sales tax under New Jersey law. Examples include clothing and footwear, most non-prepared food items, food stamps, and medical supplies. New Jersey also offers a partial exemption for certain products, such as boats.

The exemption allows businesses to charge half the State Sales Tax rate on exempt sales. The current Sales Tax rate in UEZs is 3.3125%;

Personal Exemptions You can claim a $1,000 regular exemption, even if someone else claims you as a dependent on their tax return. If you are married (or in a civil union) and are filing jointly, your spouse can also claim a $1,000 regular exemption.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232