Ocean City Council consideres proposed ordinance that could add 3% tax on rental units in Jersey Shore town - 6abc Philadelphia

6 months agoOcean City, NJScore: 85
Regulations & Compliance
Local News
Local Regulations
Tax Strategy
Beach House

Summary

Ocean City, NJ is considering a 3% tax on rental units. Hosts in Ocean City should stay informed about this potential change, as it could impact their profitability.

Key Insights

  • •The Ocean City Council is considering a 3% tax on rental units.

Action Items

  • ✓
    Monitor local news and official city announcements for updates on the proposed ordinance.
    Effort: low
    Impact: medium

Watch Out For

  • ⚠Failing to comply with new tax regulations could result in penalties or fines.