Clothing And Shoes Re Levy On Consumption Tax In US State Capital

Although the capital of the United States clothing And shoes are exempt. Excise tax But it will be taxed again. The $110 or less than 110 dollar tax exemption policy will end soon, but it will not be until after October 1st.

Part of the state budget is to recover a 4% provisional tax, which was approved by the state legislature earlier this week. But tax exemption was implemented in 2007. Most users may miss the opportunity to use tax-free money, because most duty-free goods are still subject to consumption tax.

TedPotrikus, executive vice president and director of government relations at the US state retail Council, said that exemption from 4% of the excise tax on clothing and shoes is a savings in a sense.

In addition, the effective period until October 1st will also help parents to reduce taxes, so parents need to buy school supplies for their children.

However, department store owners have different opinions. One owner believes that taxes may affect sales during Christmas. He also worries that re taxation will allow more shoppers to shop in nearby areas, such as Vermont and Massachusetts, because there are no excise taxes on clothing.

Retail or Direct selling shop And shopping malls are expanding their sites in Canton, Vermont and Massachusetts, which range from about 45 minutes to 1.5 hours.

Tax-free will gradually resume from April 2011. Clothing and shoes are exempt from 55 cents or less than 55 dollars. By April 1, 2012, this threshold will be restored to 110 dollars.

However, retailers are still concerned about the moderate sales prospects. Therefore, the impact of holiday sales this year will become the focus of the market.