Tax Department Reminds Businesses And Residents Of State Sales Tax Exemption
Originally Posted: March 28, 2012
Albany - The New York State Tax Department reminded businesses and state residents that beginning April 1, 2012 items of clothing and footwear sold for less than $110 will be exempt from the state's four percent sales and use tax. (Through March 31, 2012, such items up to $55 are exempt).
The exemption, per item sold, also applies to most fabric, thread, yarn, buttons, hooks, zippers, and similar items used to create or repair the type of clothing now exempt.
While the state sales tax exemption applies to items of clothing and footwear worn on the body, not all similar items qualify. For example, jewelry, watches, and like items remain taxable; the same is true for equipment such as tool belts, hard hats, and for sport, bicycle and motorcycle helmets.
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