Form ST-8 Certificate of Exempt Capital Improvement - New Jersey

What Is Form ST-8?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form ST-8?
A: Form ST-8 is a Certificate of Exempt Capital Improvement form used in New Jersey.

Q: What is a Certificate of Exempt Capital Improvement?
A: A Certificate of Exempt Capital Improvement is a document that can be filed to claim an exemption for certain capital improvement materials and services from New Jersey Sales and Use Tax.

Q: Who can use Form ST-8?
A: Form ST-8 can be used by contractors, subcontractors, or property owners who are purchasing or performing capital improvements in New Jersey.

Q: What is considered a capital improvement?
A: A capital improvement is a permanent improvement or addition made to a property that increases its value, extends its useful life, or adapts it to new uses.

Q: What should be included in Form ST-8?
A: Form ST-8 should include detailed information about the capital improvement project, including the contractor's information, description of the work, and the amount of the exemption being claimed.

Q: How should Form ST-8 be filed?
A: Form ST-8 should be filed with the New Jersey Division of Taxation, along with any supporting documentation, within 90 days of the completion of the capital improvement project.

Q: Is there a fee for filing Form ST-8?
A: No, there is no fee for filing Form ST-8.

Q: What are the benefits of filing Form ST-8?
A: Filing Form ST-8 allows the filer to claim an exemption from New Jersey Sales and Use Tax for eligible capital improvement materials and services.

Q: Are there any limitations or restrictions on the exemption?
A: Yes, there are limitations on the exemption, including restrictions on the types of materials and services that qualify, and certain exclusions.