Deadline Extended to Comply with New Jersey CBT Tax
Due to the efforts of the Canadian Trucking Alliance, the State of New Jersey is extending the deadline for their voluntary disclosure program from December 31, 2014 to January 15th, 2015. This program allows Canadian carriers to register their businesses and file appropriate taxes without being penalized.
New Jersey has been seizing commercial vehicles for “failure to pay the state Corporate Business Tax.” The tax is applied to all trucking companies making any pickups or deliveries in the state, regardless of whether they have a terminal in the US or not.
For further information on this subject, please see New Jersey CBT Tax Compliance Option - Deadline Extended by the BC Trucking Association (January 8, 2015).
Tia Chisholm, HUB International TRANSPORTATION
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