New Jersey Sets One-Month Grace Period for Property Taxes (2)

April 28, 2020, 12:40 PM UTCUpdated: April 28, 2020, 9:37 PM UTC

New Jersey towns offered property taxpayers a one-month grace period on Tuesday, while Oregon said businesses will get a reprieve on payments of the commercial activity tax. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Monday’s coverage click here. Here’s a state-by-state roadmap.

Municipalities in New Jersey can allow a one-month grace period for property tax payments due May 1, under an executive order signed Tuesday by Gov. Phil Murphy (D).

State law limits towns to 10-day grace periods for waiving interest and penalties for late property ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

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.