For purposes of the partial refund allowed for tax paid on leased property removed from New Jersey, how should the lessee demonstrate that the property has been removed on a permanent basis”?
The lessor can rely on information indicating that the primary property location is no longer in New Jersey, which may be evidenced by a copy of the lessees new vehicle registration. 22. A partial refund for tax paid on leased property removed from New Jersey is allowed only if the property is removed to certain states (i.e. states that do not provide a credit for the New Jersey tax paid and that allow a corresponding partial tax refund for leased property relocated to New Jersey). Does the Division maintain a list of these states? As a practical matter, since the motor vehicle lease sourcing rules source each payment to the primary property location (PPL), once the PPL is no longer New Jersey, this State is not legally entitled to the tax. Therefore, if leased property is moved out of New Jersey, a refund will be allowed upon evidence of a new PPL, which may be documented by a copy of the new out of State vehicle registration and an indication that tax was paid to that state. If the s
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