NYS Sales Tax
Posted: Mon Apr 11, 2011 7:52 am
We in the process of upgrading and we have run into a bit of a problem regarding NYS Sales Tax
NYS is forever changing the sales tax rate - I am wondering if anyone has encountered this issue
This is the current NYS Sale Tax:
Sales tax clothing exemption effective April 1, 2011
Sales of less than $55 are exempt from state sales tax
From April 1, 2011, through March 31, 2012, sales of clothing and footwear costing less than $55 per item or pair are exempt from the state's 4% sales tax and the ⅜% MCTD tax. Sales may also be exempt from local sales tax in some localities.
Local sales tax exemptions vary
In localities that don't have either the less-than-$55 or less-than-$110 local sales tax exemption, all sales of clothing and footwear costing $55 or more are subject to the full state and local sales tax. For localities that have the less-than-$110 local sales tax exemption, sales of clothing and footwear costing:
•less than $55 are fully exempt
•at least $55 but less than $110 are subject to 4% state tax (and ⅜% MCTD tax, if applicable)
•$110 or more are subject to full state and local tax.
Note: Columbia County enacted the less-than-$55 exemption and sales of clothing and footwear costing:
•less than $55 are fully exempt
•$55 or more are subject to the full state and local sales tax.
Columbia County's less-than-$110 exemption resumes April 1, 2012.
NYS is forever changing the sales tax rate - I am wondering if anyone has encountered this issue
This is the current NYS Sale Tax:
Sales tax clothing exemption effective April 1, 2011
Sales of less than $55 are exempt from state sales tax
From April 1, 2011, through March 31, 2012, sales of clothing and footwear costing less than $55 per item or pair are exempt from the state's 4% sales tax and the ⅜% MCTD tax. Sales may also be exempt from local sales tax in some localities.
Local sales tax exemptions vary
In localities that don't have either the less-than-$55 or less-than-$110 local sales tax exemption, all sales of clothing and footwear costing $55 or more are subject to the full state and local sales tax. For localities that have the less-than-$110 local sales tax exemption, sales of clothing and footwear costing:
•less than $55 are fully exempt
•at least $55 but less than $110 are subject to 4% state tax (and ⅜% MCTD tax, if applicable)
•$110 or more are subject to full state and local tax.
Note: Columbia County enacted the less-than-$55 exemption and sales of clothing and footwear costing:
•less than $55 are fully exempt
•$55 or more are subject to the full state and local sales tax.
Columbia County's less-than-$110 exemption resumes April 1, 2012.