N.J. Stat. § 54:32E-2

Current through L. 2024, c. 87.

Section 54:32E-2 - Cosmetic medical procedure gross receipts tax phased out

Notwithstanding the provisions of section 1 of P.L. 2004, c. 53(C.54:32E-1), the tax which shall be paid pursuant to P.L. 2004, c. 53(C.54:32E-1) shall be imposed:

(1) at the rate of 4% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 2012 but before July 1, 2013,

(2) at the rate of 2% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 2013 but before July 1, 2014, and

(3) at the rate of 0% on the gross receipts from a cosmetic medical procedure performed on or after July 1, 2014.

N.J.S. § 54:32E-2

Added by L. 2011, c. 189,s. 1, eff. 1/17/2012.