- New Jersey taxes sales of tangible personal property, specified digital products, and certain services at a statewide 6.625% rate; use tax applies when sales tax wasn’t collected.
- Electronically delivered prewritten software is treated as tangible personal property and is generally taxable.
- A key exception exists for electronically delivered prewritten software used directly and exclusively in a purchaser’s business, trade, or occupation.
- SaaS, PaaS, and IaaS are generally nontaxable in New Jersey unless they are actually taxable information services.
- Remote sellers should also consider nexus, marketplace rules, product taxability, and customer exemption status.
Source: 1stopvat.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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