Fillable Form St-18b - Annual Business Use Tax Return

INSTRUCTIONS FOR COMPLETING THE USE TAX RETURN ST-18B

1) Total of Purchases

Enter the amount of all purchases of any taxable tangible personal property or taxable

Subject to New Jersey

services to tangible personal property which was either delivered to a New Jersey

Use Tax

location or used by you within New Jersey during the calendar year, for which you have

not paid either New Jersey sales or use tax or sales tax at the New Jersey applicable rate

or more to any other jurisdiction within the United States. If the tax paid in another

jurisdiction was equal or higher, you will not owe use tax to New Jersey. However, no

further credit is allowed for tax paid in another state at a rate higher than the applicable

New Jersey rate at the time of purchase.

2) Use Tax Due

Complete the following worksheet to calculate the use tax due.

(a) For purchases made on or before July 14, 2006,

multiply the amount by 6% (.06) and place results here:

_______________________

For purchases made on or after July 15, 2006,

multiply the amount by 7% (.07) and place results here:

_______________________

Add the Use Tax due for 01/01/2006 through 7/14/2006

to the Use Tax due for 7/15/2006 through 12/31/2006,

place the results here:

_______________________

(b) If applicable, enter the amount of sales tax previously

paid in another jurisdiction on a purchase included in the

Total of Purchases on Line 1 of the return

_______________________

Note: You may claim this credit only if the tax was legally due and paid to the

other jurisdiction and if you have no right to a refund. If the tax paid in another

state was less than 6% or less than 7%, as applicable, see 2(a) above, the

difference is due to New Jersey.

Use Tax Due, on form ST-18B.

___________________________

3) Penalty and Interest

Penalty of 5% per month or fraction thereof (up to a maximum of 25%) of the Use Tax due

(Line 2) is imposed for failure to file a required ST-18B by the due date. Interest at a rate

of prime rate plus 3%, calculated up to the date of payment, is imposed for failure to pay

Use Tax by the due date.

4) Total Amount Due

Enter total Use Tax amount due Line 2 plus any Penalty and Interest from Line 3. This is

the amount which you must remit with your return.

For further information and assistance in completing this return,

please contact the New Jersey Division of Taxation Customer Service Center at (609) 292-6400.

DETACH HERE

I certify that all the information given is correct:

________________________________________________________________________

_______________________________________

(Signature of Taxpayer or Corporate Officer)

(Date)

If this return is prepared by someone other than the taxpayer complete the following information:

FID# or SS# _______________ / ____________ / _______________

______________________________________________________________________________________________________________________

(Signature of Individual of Firm preparing the return)

(Title)

______________________________________________________________________________________________________________________

(Print Name of Firm and Individual preparing the return)

(Title)

Form St-18b - Annual Business Use Tax Return - 2006 Page 2

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