Sales and Use Tax Exemption (STX) (New Jersey)
Last modified on February 12, 2015.
|Applies to States or Provinces||New Jersey|
|Name||Sales and Use Tax Exemption (STX) (New Jersey)|
|Policy Category||Financial Incentive|
|Policy Type||Sales Tax Incentive|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
Any company with 1,000 or more employees that needs to make purchases for construction and renovation of a new business location can apply for a sales tax exemption certificate to purchase machinery, equipment, furniture and furnishings, fixtures and building materials other than tools and supplies for placement at the project location without the imposition of sales and use tax until the new facility is functional.
|Department||New Jersey Economic Development Authority|
|Address||PO Box 990|
|Address 2||36 West State Street|
|Place||Trenton, New Jersey|