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Recovery Of 4.375% Clothing Sales Tax In New York

2010/8/14 10:32:00 49

US Clothing Sales Tax

The New York state legislature passed the final part of the annual budget by increasing taxes and resumption of gambling.

Clothing tax

And so on, for the state government to find a 1 billion yuan income, a total of 9 billion 200 million yuan to make up for the deficit.


The new budget stipulates that from October 1st this year, all prices of clothing and shoes should be taxed, which is estimated to generate 330 million yuan for the government.

The current rule is to levy taxes on clothing and shoes (each or each pair) for more than 110 yuan.


It is thought that this may be done.

Consumer

They don't buy clothes in New York. How does the government get a 330 million yuan tax?


New York also introduced taxes on all clothing many years ago, when consumers went to New Jersey, Boston and other places to buy clothes.


According to the information of the New York municipal government, New York has collected 4.375% of the clothes under 110 yuan.

clothing

Sales tax, however, was abolished in April 1, 2006. The clothing sales tax in New York was 4%, which was abolished in September 1, 2005.

At present, the sum of sales tax and use tax for each piece / pair of clothing and shoes with a price of more than 110 yuan will be 8.875%.

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