Clothing Sales Tax Exemption is in Effect
June 27, 2012
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ISSUE:
- Taxes
Your clothing and footwear purchases up to $110 dollars are no longer subject to New York state sales tax.
On April 1, 2012, the New York State sales tax clothing exemption was restored to the original less-than-$110 threshold.
This means that sales of eligible clothing and footwear, costing less than $110 per item or pair, are now exempt from the state's 4% sales tax and local tax in those localities that enacted the exemption. This new tax break could save a family of four as much as $200 dollars a year.
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