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Publication 718 C Sales and Use Tax Rates On Clothing and Footwear 2/15 Effective March 1 2015 Clothing footwear and items used to make or repair exempt clothing sold for less than 110 per item or pair are exempt from the New York State 4 sales tax the local tax in those localities that provide the exemption and the Metropolitan Commuter Transportation District MCTD tax within the exempt localities in the MCTD.
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What is publication 718?
Publication 718 is a document provided by the government that outlines the guidelines and regulations for reporting and filing information related to taxes.
Who is required to file publication 718?
All individuals and businesses who meet the criteria set by the government are required to file publication 718.
How to fill out publication 718?
To fill out publication 718, you need to gather all the necessary financial information, such as income, expenses, and deductions, and enter them into the designated sections of the form.
What is the purpose of publication 718?
The purpose of publication 718 is to ensure that individuals and businesses accurately report their financial information to determine their tax liability.
What information must be reported on publication 718?
Publication 718 requires individuals and businesses to report their income, expenses, deductions, and other financial details that are relevant to calculating their tax liability.
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