Department Of Taxation And Finance
Learn about the Charitable Gifts Trust Fund. The FY 2019 Budget created a new Charitable Gifts Trust Fund in the joint custody of the New York State Commissioner of Taxation and Finance and the State Comptroller to accept donations for the purposes of improving health care and public education in New York State.
Actived: Monday Oct 26, 2020
Taxable Receipt - How Discounts, Trade-Ins, and Additional
For example, store-issued coupons generally reduce the receipt subject to sales tax, while manufacturers' coupons do not. See Tax Bulletin Coupons and Food Stamps (TB‑ST-140) and TSB-M-11(16)S, Sales Tax Treatment Relating to the Sale and Redemption of Certain Prepaid Discount Vouchers, for more information.
Coupons and Food Stamps
Manufacturers’ coupons A manufacturer’s coupon is a coupon imprinted with the abbreviation Mfr. or similar code to show that the discount is a manufacturer’s promotion. When a customer uses a manufacturer’s coupon, sales tax is due on the full price of the item, not on the discounted price.
Promotional Materials - Exemption Form ST-121.2
The mailing will include the product sample and coupons for $1.00 off the retail price of a large size of the new product. (The coupons are printed by the printer/mailer.) The coupons and the detergent sample will be mailed in envelopes also supplied by the printer/mailer.
Customer Loyalty Cards - Department of Taxation and Finance
Example 5: A supermarket chain offers a program where for every $50 in groceries purchased, the customer can earn 10¢ off per gallon of gas at a specific gas station chain. Customers receive the discount on gas by swiping their supermarket loyalty card at the gas station pump.
Sales by Restaurants, Taverns, and Similar Establishments
Coupons. When a customer uses a coupon as a discount on the purchase price of food or beverage, there are times when a restaurant may subtract the value of the coupon before calculating the sales tax on the bill. This depends on the type of coupon being used.
New York State Department of Taxation and Finance Taxpayer
(c) Coupons. (1) Where a manufacturer issues a coupon entitling a purchaser to a credit on the item purchased, the tax is due on the full amount of the receipt. The receipt is composed of the amount paid and the amount of the coupon credit. The coupon credit reflects a payment or reimbursement by another party to the vendor.
TSB-A-06(2)M is revoked - Government of New York
coupons shall be provided to the Indian nations or tribes on a quarterly basis for each of the four quarters beginning with the first day of December, March, June, and September. It is intended that the Indian nations or tribes will retain the amount of Indian tax
Interest and penalties - Government of New York
Penalty for late filing. If you file late we will charge a penalty, unless you have a valid extension of time to file. The penalty charge is: 5% of the tax due for each month (or part of a month) the return is late, up to a maximum of 25%
Sales and use tax
Sales tax applies to retail sales of certain tangible personal property and services. Use tax applies if you buy tangible personal property and services outside the state and use it within New York State. For information on the Oneida Nation Settlement Agreement, see Oneida Nation Settlement Agreement. Sales tax rates and identifying the correct local taxing jurisdiction