The New Jersey Department of Treasury readopted luxury tax rules for Atlantic City. The Atlantic City luxury tax which was scheduled to expire on Oct. 24, shall continue for seven more years, and applies to retail sales of certain luxury items and real estate rentals. The readopted rules are effective immediately. [N.J. Dep’t of Treasury, Regs NJAC 18:25, 09/02/25]
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.