- New Jersey Assembly repeals annual sales tax holiday
- Repeal affects retail sales of computers, school supplies, instructional materials, and sports or recreational equipment
- Previously, tax holiday was in effect for ten days leading up to first Monday in September
- Aimed to provide financial relief to families preparing for new school year
- Repeal may impact back-to-school shopping and related retail activities
- Decision made in light of broader budgetary considerations and fiscal planning for the state
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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