Sales Tax

New York News
4:32 pm
Thu February 27, 2014

Comptroller: NY Sales Tax Collections Up 5%

Credit Photo by Pat Bradley

New York state's comptroller reports local sales tax collections statewide rose $739 million or 5.2 percent last year, exceeding the 3.3 percent increase in 2012.

In the annual report released Thursday, state tax data from all 62 counties show New York City was responsible for much of the gain, with sales taxes up $406 million or 6.8 percent.

Comptroller Thomas DiNapoli says that's partly due to rebuilding after Hurricane Sandy, though collections from retail sales have rebounded significantly in the city since the recession, up almost 38 percent since 2009.

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New York News
12:30 pm
Tue October 30, 2012

Counties Deal With Tax Issues

A northern New York county is struggling to keep it’s budget under the tax cap, while a neighboring county is reporting sales tax revenues that will help them stay under the cap.

Essex County officials are considering a local law to override the state mandated 2-percent tax cap.  Town of Moriah Supervisor Tom Scozzafava says they would have to hold two votes to actually block the cap.

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