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Starting a Business in NY: The NY Business Start Up Wizard on the official NY OPAL site will tell you all the forms you need to register and rules you need to follow for your specific type of business in NY.
The “Starting a Business in NY” post also has links to NY Sales tax registration & business start up info, the Voluntary Disclosure and Compliance Program in case you didn’t register before you started selling, the Governor’s business start up info, and a link to a post with helpful IRS links.
Do I have to register? “If you will be making sales in NYS that are subject to sales tax, you must register…”
Didn’t register but you already started selling? See the Voluntary Disclosure & Compliance Program–you need to contact the state before the state contacts you.
NYS Sales Tax Exemption Forms: If you are looking to buy supplies or promotional material without sales tax you’ll need to provide the seller with one of these forms with your NY Tax ID number on it. (You get the Tax ID number when you register to collect sales tax.)
New York Sales Tax, part 1: This and the following post are FAQs about how NY sales tax works.
New York Sales Tax, part 2
Must collect tax from buyer & must show tax on receipt–see the Sales Tax Advertising Issues PDF
Sales Tax Publications & Bulletins Loads more info on the ins and outs of NY sales tax.
NY sales tax rates change by county lines not zip codes. (PDF file: New York State Sales and Use Tax Rates by Jurisdiction)
Etsy & Destination-based Sales Tax–How we handle it.
Reference Guide for Taxable & Exempt Property & Services, Tax Bulletin ST-740 (TB-ST-740)
Sales tax memos: informational statement of changes to the law, regulations, or Department policies (TSB-M).
Selling clothes? See TSB-M-06(6)S (PDF) Exemptions on Clothing, Footwear & Items Used to Make/Repair Exempt Clothing–detailed list of what is & isn’t exempt
More on selling clothing–there are some state tax exemptions but even when the state exempts an item, often there’s still local sales tax:
- TSB-M-10(16)S, PDF: 4/1/11 through 3/31/12, $55 & under clothing/footwear exemptions
- Publication 718-C, PDF: from 4/1/12$110 & under clothing/footwear exemptions
NYC Sales Tax Info
Want to read the straight-out laws themselves? NY Laws:
Page down & click TAX Tax then see Article 28 – SALES AND COMPENSATING USE TAXES
Go To Great Panes, Kathryn Maloney ©2012
(This post is copyrighted–you do not have permission to repost this content elsewhere but you are welcome to link to it if you’d like to share the information.)
