New Jersey plastic surgeons felt they were being singled out when NJ state passed a law requiring elective plastic surgery services to be taxed back in 2004. No other state in the United States allows taxes to be collected for any sort of medical procedure.
The 2004 law was passed to tax cosmetic and plastic surgery in New Jersey as an effort to raise funds in the state. Originally this law was expected to bring in over $25 million in its first year. The tax didn’t quite work as intended and only ended up pulling in about $7 million in tax fees on services provided by NJ plastic surgeons.
Governor John McGreevy signed the bill into law and it sounded somewhat reasonable at the time. The law states that only “certain cosmetic medical procedures that are directed at improving the patient’s appearance and that do not promote the proper function of the body or prevent or treat illness or disease.”

That means you’ll pay tax on purely cosmetic services, but not one surgeries that improve your physical health. So a New Jersey plastic surgeon can perform a rhinoplasty to help you breathe better and you will not pay any […]

Full Article At: KnowHow-Now.com Articles

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