sales tax lowered

Posted by Kelly M 
Kelly M
sales tax lowered
June 01, 2005 06:48AM
I heard that the sales tax in NYC has been lowered effective today, but I can't find what the new rate is. anyone know?
Re: sales tax lowered
June 01, 2005 12:19PM
That got me searching Kelly..found this, if it's of any help at all..
[www.tax.state.ny.us]
Kelly M
Re: sales tax lowered
June 01, 2005 03:53PM
oh, boy! Instead of 8.65% it is now 8.37%. What a savings. Thanks Kazza.
Betoracle
Re: sales tax lowered
June 01, 2005 03:54PM
Now I'll have something left over for retirement!
Kelly M
Re: sales tax lowered
July 25, 2005 05:19PM
I just heard that as of September, the city tax will be eliminated on certain items, so tax on clothing under $110 will be 4% less than it is now, resulting in about a 4.5% sales tax on those items. that's good news.
Re: sales tax lowered
July 27, 2005 08:40PM
I thought I had read somewhere that there is no sales tax for clothing and shoes under $110? I am very unfamiliar with your tax system (everything in Aust is quoted with tax included), so maybe I have this wrong?
Red
Re: sales tax lowered
July 27, 2005 09:39PM
There used to be no tax on clothing under $110, but that exception was eliminated, except for occasional and unpredictable "tax holiday" weekends.
Re: sales tax lowered
July 27, 2005 11:03PM
Beginning Sept. 1, 2005 the sales tax on any single item of clothing in NYC costing $110 or less will be 4.375%. The sales tax on other items and clothing costing more than $110 will be 8.375%
CN
Re: sales tax lowered
July 28, 2005 11:30AM
Dates: August 30-September 5

Items covered: Clothing and footwear, as well as items that are used to make or repair clothing, that cost under $110 per item are exempt from state and certain local taxes.
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