Eliminates transaction nexus requirement under Sales and Use Tax and Corporation Business Tax.

New Jersey Assembly Bill A5101 would eliminate the requirement for remote sellers and out-of-state corporations to collect sales tax or pay corporate business tax based on the number of transactions in the state. Currently, sellers must collect tax if they exceed $100,000 in revenue *or* have 200+ transactions in New Jersey; this bill removes the transaction threshold, leaving only the $100,000 revenue requirement. It directly affects online retailers and businesses selling digital products or services into New Jersey without a physical presence. The change simplifies tax collection obligations by focusing solely on revenue volume rather than transaction volume for both sales tax and corporate business tax purposes. This applies to all sales occurring after the bill's effective date.