New York Will Resume Clothing And Footwear Consumption Tax Exemption Policy
New York will soon restore the tax on clothing and footwear consumption tax.
policy
However, New York will reduce their price range to half of the previous tax exemption rules for clothing and footwear that meet the tax exemption requirements.
Sales tax exemption will resume from April 1, 2011, and will be sold after April 1st.
clothing
And footwear products priced below $55 will no longer be turned over to 4% of sales tax.
Items that are used to prepare or repair clothing or footwear are also eligible.
Sale
Tax exemption.
According to the previous exemption, the cost of clothing and footwear sold is less than $110 to enjoy duty-free.
However, in order to offset the budget deficit in New York, legislators suspended sales tax exemption in October 1st last year.
In addition to 4% of sales tax, New York has stopped levying a special sales tax of 0.375%, which is a tax on clothing and footwear sold in New York, Putnam, Nassau, Orange, Suffolk County (Suffolk), Long Island (LongIsland), Dadis (Dutchess), Putnam (Putnam) and Westchester County (Westchester).
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