how does the state tax in New York work? so there is a 4% state tax. and a county tax on top. but i've noticed on somethings, like shoes, the tax charged is only 4%. i'm asking in specific for New York City. could someone tell me generally how much tax is charged for things like clothing, shoes, accessories, micellaneous items, food, is?
United States - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You are referring to the sales tax in NY. There is also an income tax. The sales tax for NYC is composed of: NYS Tax: 4.00% Metro. Commuter tax: 0.375% NYC local sales tax: 4.500% Total sales tax: 8.875% Clothing and shoes under $110 is tax free.
2 :
The state sales tax is 4%. Every county as well as a few cities have an additonal percentage. Clothing under $110 is not taxed by the state, but can still be taxed by the county or city. So in many counties, clothing is taxed at a lower rate than everything else. Most grocery food, medicines, newspapers and magazines are not taxed. If you're really into it, here is the book that the state publishes for businesses on sales tax. http://www.tax.state.ny.us/pdf/publications/sales/pub750_208.pdf