Water Recycling. Businesses, cities, and people are finding new ways to save water by reusing it. Many businesses have started recycling water that they use in their manufacturing process. Instead of letting water run down the drain, the water is collected, cleaned (if needed) and run back through the system.
The New Jersey state sales tax rate is 7%, and the average NJ sales tax after local surtaxes is 6.97%. 1  Groceries, clothing and prescription drugs are exempt from the New Jersey sales tax. 2  Counties and cities are not allowed to collect local sales taxes.
The New Jersey estate tax is either the maximum credit for state inheritance, estate, succession or legacy taxes allowable under the provisions of the Internal Revenue Code in effect on December 31, 2001 (this is called the Form 706 Method), or an amount determined pursuant to the Simplified Tax System prescribed by the Director, Division of Taxation (this is called the Simplified Form Method).