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Tax Tips & News: sales tax

NY Sales Tax Exemption on Clothing Goes Into Effect

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Tax Holiday Begins April 1st

The New York State Tax Department announced this week to consumers and businesses that beginning April 1, 2012 items of clothing and footwear sold for less than $110 will be exempt from the state’s 4% sales and use tax. (Through March 31, 2012, such items up to $55 were exempt.)

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Arizona Bills Amazon.com $53 Million

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Arizona Wants $53 Million In Sales Taxes

The State of Arizona is taking the first crack at trying to collect sales tax from amazon.com–the biggest online discount retailer.  According to a filing with the SEC, Arizona calculated that Amazon owes the state & various cities $53 Million in uncollected taxes from March 1st, 2006 through December 31st 2010.

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