What Shore Summer Rentals users need to know
New Jersey Governor Phil Murphy signed a bill into law imposing the same lodging taxes on short-term rentals that hotels and motels pay.
Operators of short-term rentals booked through Shoresummerrentals.com, or any other booking site, will be required to add these taxes to guests’ bills and remit them to tax authorities.
Operators of short-term rentals need to collect and file:
- New Jersey state sales tax (6.625%)
- New Jersey state occupancy tax (5.0%)—May be lower than 5% if certain local taxes apply
- Any local city taxes
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