Tag Archives: New Jersey boating sales tax

New Jersey Governor proposes boat sales tax increase

New Jersey Govenor Murphy

New Jersey Governor Phil Murphy proposed repealing the sales tax reduction and the sales tax cap on all boat sales in the state. Additionally, Senator Vin Gopal introduced Senate Bill 2847, which would repeal both as well. NMMA strongly opposes both efforts and is actively working with recreational boating industry stakeholders to prevent the measures from becoming law. In 2015, ...

Read More »