Is the sales tax rate in all the New York counties the same?

Is the sales tax rate in all the New York counties the same?

by accounting byte -
Number of replies: 0

No, new york state sales tax are different in each county. The base state rate is 4% but the counties and cities impose their local taxes as well. As an illustration, the overall rate in NYC is 8.875%, with certain upstate locations having a rate that could be as low as 7%. These combined rates influence the amount paid by consumers and found by businesses. The NY Department of Taxation and Finance updates the lists of rates by jurisdiction. Businesses should know how to bill accordingly depending on the location.

Visit us: https://accountingbyte.com/nyc-sales-tax/