N.J. Admin. Code § 18:24-37.10 - Purchases or reimbursement of property by Medicaid or Medicare

(a) Direct purchases by the Federal government are exempt from tax. See N.J.S.A. 54:32B-9(a). For example, if the Federal government (for example, Medicaid or Medicare) is directly purchasing property, no tax is due, regardless of whether or not the property meets the N.J.S.A. 54:32B-8.1exemption.

(b) The purchase of property reimbursed by the Federal government (for example, Medicaid or Medicare) is not exempt under N.J.S.A. 54:32B-9(a). The property is subject to tax unless the property meets N.J.S.A. 54:32B-8.1.

Notes

N.J. Admin. Code § 18:24-37.10

Adopted by 47 N.J.R. 729(a), effective 4/6/2015. Amended by 48 N.J.R. 824(a), effective 5/16/2016