Thursday, March 29, 2012

Full Reinstatement of Sales Tax Exemption on Clothing, Footwear

I am pleased to announce that a reinstatement of the sales tax exemption on clothing and footwear under $110 will take effect this Sunday, April 1—just in time for Pesach.

One of the many accomplishments of the just-passed New York State budget is some additional relief for shoppers. Clothing, footwear and related items sold for less than $110 each will be exempt from sales tax. The tax-free offer, which I was pleased to help pass into law, applies to relevant items regardless of where you purchase them—in person, by phone, by mail, over the web, etc.

The qualifying exemption doubled since last year, when it applied to apparel at or below $55. The savings will provide families with much needed relief when purchasing clothing and footwear for the holidays and beyond. Local businesses are expected to benefit, too, with an additional influx of not only New York customers but also from shoppers from neighboring states like New Jersey.

With this sales tax exemption we are taking yet another step in the right direction--and it couldn’t come at a better time as we shop for the Yom Tovim get ready for Pesach!

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