Reminder: Failure to Comply with NJ Tax Requirements is Costly

Posted on Mon, 2015-09-07 22:04
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Members who operate in New Jersey beware: a recent incident in which the state held a truck and trailer until the owner paid US$7,700 is a reminder that the state is actively seizing trucks that operate in NJ without paying the state Corporate Business Tax.

The tax is applied to all trucking companies making pickups or deliveries in NJ, whether or not they have a terminal in the US. Anyone operating in the state must ensure that their NJ taxes are paid or face a genuine risk of having their equipment impounded.

For more information about NJ’s Corporate Business Tax, go to: http://www.nj.gov/treasury/taxation/corp_over.shtml.

Members had an opportunity to comply with NJ tax requirements without penalty in late 2014/early 2015 thanks to the influence of the Canadian Trucking Alliance. For details, see the January 8, 2015, Bulletin article New Jersey CBT Tax Compliance Option – Deadline Extended.

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Join us for a fun round of Texas Scramble golf at Meadow Gardens Golf Club in Pitt Meadows on Tuesday, September 10th.  Enjoy networking and socializing with industry friends, excellent golf and on-course activities, superb food and opportunities to win challenges and prizes.
Please join Dave Earle, BCTA President & CEO, for this relaxed, informative and interactive session. Questions are welcome throughout. 11 am –  Noon:

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