New Jersey is lies amidst the Middle Atlantic region and is located in the northeastern part of the U.S. It is demarcated by Pennsylvania in west north and New York State in the east, Delaware in the southwest and Atlantic Ocean in the southeast as well as in the south.
It had been home for the Native Americans for 2800 and the earliest European conquests by the Swedes and the Dutch changed its course in history forever. Today its economy dwells on food processing, electric equipment, financial industry and pharmaceutical industry to name some.
Taxes on silver sales
There is a specific transactions sales tax rate in New Jersey. This tax is applied for each sale and represents 7% of the price. There is no additional sales tax required by cities or the county.
To pay less tax, you need to find a “Urban Enterprise Zone”, there are such of zone in many cities of this state and you will have a reduced of 3,5% of this tax.
More information on sales tax : http://www.state.nj.us/