What is the sales tax of New York?

The state of New York has a rather odd sales tax mandated. Most states impose a single tax line across the entire state with some added metropolitan tax rates that hardly bring up the total amount. New York is different. As a whole, the New York sales tax is roughly 8.875%, a rather specific and interesting percentage when compared to other states. The number comes from the actual state tax which is placed at 4%, adding in the city tax rate of 4.5%, while also taking in an extra boost of 0.375% that comes from the Metropolitan Commuter Transportation District. Instead of taking in only 2 factors, New York takes in 3 factors, achieving a higher than average sales tax rate across the state.

Recommended content for you

Related Tax Questions

Comments