Michael H. Ranzenhofer's posts related to Sales Tax

Sales tax exemption for clothing purchases reinstated; Exemption goes into effect Friday

Albany, N.Y. – State Senator Michael H. Ranzenhofer has announced clothing and footwear items sold for less than $55 will once again be exempt from the four percent State sales tax starting this Friday.  The sales tax exemption for clothing and footwear items will increase from $55 to $110 next year on April 1, 2012. 

 

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State sales tax exemption expanded for clothing/footwear purchases

Starts this Sunday, April 1

Albany, N.Y. – State Senator Michael H. Ranzenhofer has announced clothing and footwear items sold for less than $110 will be exempt from the four percent State sales tax starting on Sunday, April 1, 2012.  Currently, the exemption only applies to items sold for less than $55.

“This expanded State sales tax exemption will help relieve the tax burden at the cash register for all New Yorkers, saving a total of $220 million,” said Ranzenhofer.  “Now, families and residents will notice a few extra dollars being returned to their pockets the next time they go to the store for clothes or shoes.”

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Video: State sales tax on clothing eliminated

Senator Ranzenhofer discusses action taken by the Governor and State Legislature to eliminate the State sales tax on clothing purchases.  As of April 1st, clothing and footwear purchases up to $110 are not subject to New York State sales tax. Click here for more information.