No, it’s not an April Fool’s Day prank: Starting yesterday,the New York State sales tax exemption for clothing under $110has been put back into place, after being off-again, on-again since 2000. So go crazy at Macy’s, y’all!
From the Department of Taxation and Finance:
“Sales of eligible clothing and footwear costing less than $110 per item or pair are exempt from the state’s 4% sales tax and local tax in those localities that enacted the exemption.” This also includes the 4.5% city, 4% state and .0375% Metropolitan Commuter Transportation District tax (whatever that is).
This is great news, although what was the last item of clothing or footwear you bought that cost $110? Even H&M and Target have lines more expensive than that. But we bet customers at Buffalo Exchange and UNIQLO are having a field day!
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alexdombroff@alexanderdombroff.com