14th Annual Printing Industry Tax Conference - Grant Thornton LLP
14th Annual Printing Industry Tax Conference - Grant Thornton LLP
14th Annual Printing Industry Tax Conference - Grant Thornton LLP
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Sales & Use <strong>Tax</strong> Updates – New Jersey<br />
• Advo, Inc. v. Director, Division of <strong>Tax</strong>ation<br />
(10/28/2010) cont.<br />
– However, after the period that is relevant to this matter,<br />
the Director elected to amend N.J. Admin. Code § 18:24-<br />
1.2. Effective in 2010, the definition of newspaper for<br />
purposes of the Sales and Use <strong>Tax</strong> Act has been<br />
revised. The regulation now requires a newspaper to<br />
have the "main purpose" of distributing "news of current<br />
events (political, sports, entertainment, etc.)" and to<br />
contain "news of a general character and of a general<br />
interest." Advertising is not considered to be news of<br />
general character and of a general interest.<br />
© <strong>Grant</strong> <strong>Thornton</strong> <strong>LLP</strong>. All rights reserved.<br />
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