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NYS Sales Tax Changing again for Clothing & Footwear

Here’s a quick little post to give you all a heads up that, yet again, NYS Sales Tax rates for Clothing & Footwear will be changing as of April 1, 2012.  From April 1, 2011 through March 31, 2012 clothing and footwear sold for less than $55 per item or pair was exempt from the state’s 4% sales tax and the state-imposed 3/8% sales tax in the MCTD. Come April 1, 2012, this exemption will end; therefore bringing the sales tax back to its original rates/rules. Keep in mind that the original exemption for clothing and footwear under $110.00 will also be restored on April 1, 2012.

What does all this mean for NYC, Nassau & Suffolk?

-For Nassau & Suffolk Counties, any stores selling Clothing or Footwear under $110, will need to charge 4.625% Sales Tax.

-For Nassau & Suffolk Counties, any stores selling Clothing or Footwear over $110, will need to charge the full 8.625% Sales Tax.

-For NYC, any stores selling Clothing or Footwear under $110, will need not have to charge any Sales Tax at all.

-For NYC, any stores selling Clothing or Footwear over $110, will need to charge the full 8.875% Sales Tax.

-For all other counties – Please visit http://www.tax.ny.gov/pdf/publications/sales/pub718c.pdf to see the rate for your particular area.

Please be sure to call your contact person at CIAS if you need assistance with changing your rates in QuickBooks or Point of Sale!

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