New York State will resume clothing tax exemption policy for apparel and footwear

Business Club March 23 News New York State will soon resume tax exemption on apparel and footwear excise duties, but for apparel and footwear eligible for tax exemptions, New York State will reduce their price range to half of the previous tax exemption rules.

The sales tax exemption will be resumed from April 1, 2011, and the price of apparel and footwear products sold after April 1 will be less than US$ 55 and will no longer be subject to a sales tax of 4%.

Items used to prepare or repair clothing or footwear are also eligible for sales tax exemptions.

According to the previous exemption, the cost of clothing and footwear sold was less than $110 before the tax exemption. However, in order to offset the New York State budget deficit, the legislator stopped the sales tax exemption on October 1 last year.

In addition to the 4% sales tax, the State of New York has also ceased to impose a special sales tax of 0.375% for Nassau County, Orange County, Suffolk County, and Long Island. Taxes on apparel and footwear sold in Long Island, in Dutchess, Putnam, and Westchester, in the northern suburbs of the city.