State Tax Exemption Returns For Clothing, Footwear Under $55

 

Last fall, the state tax exemption for clothing and footwear under $110 ended (thanks to New York's horrible budget situation), meaning that New York City residents have been paying 4.375% sales tax—4% for the state, 0.375% for the commuter tax—on those items. Today, there's a little bit of relief, with the state tax exemption coming back, but only for clothing or footwear items under $55. [ more › ]

State Tax Exemption Returns For Clothing, Footwear Under $55
Jen Chung
Fri, 01 Apr 2011 23:27:29 GMT