The amount of New Jersey sales tax payable is the net taxable receipts multiplied by.07 or the actual tax collected, whichever is greater.
N.J. Admin. Code § 18:24-17.4
The amount of New Jersey sales tax payable is the net taxable receipts multiplied by.07 or the actual tax collected, whichever is greater.
N.J. Admin. Code § 18:24-17.4