New York Sales Tax Exemption for Electronic News Services
- Jun 17, 2013 | Gail Cole
Since March 1, 2012, New York State has provided an exemption from sales and use tax for certain electronic news services and electronic periodicals. In order to qualify for the exemption, a news service must “be sold at or below the cap amount….”
The New York State Department of Taxation and Finance recently announced the cap amount in effect for “sales or uses of electronic news services that occur from June 1, 2013, to May 31, 2014:” $2,190. This is the same as the cap amount for the period June 1, 2012 to May 31, 2013.
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