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New York Sales Tax: Rates, Nexus, Exemptions, and Filing Requirements for Businesses

  • New York has a statewide sales tax rate of 4%, with additional local taxes possible.
  • Sales tax applies to tangible personal property and certain services; nexus is established by physical or economic presence.
  • Exemptions include most services, food, medicine, agricultural items, and sales to certain nonprofits and government entities.
  • Exemption certificates allow qualified buyers to make tax-free purchases.
  • Filing frequency depends on tax due: annually, quarterly, or monthly, with electronic filing options available.

Source: sovos.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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