4 September 2007
As of Saturday, New York City shoppers got a break: they no longer have to pay city sales tax on clothes and shoes.
Mayor Bloomberg proposed sales tax relief in June and it went into effect on September 1 – just in time for the Labor Day shopping weekend. The measure eliminates a 4% [...]
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1 August 2007
Restaurant moguls Giuseppe Cipriani, 42, and Arrigo Cipriani, 75, accepted a plea today to willfully filing falsified state and local tax returns for the tax years 2003 and 2004. The admittance means that the pair will be required to pay $10 million in back taxes and penalties. Additionally, Giuseppe will serve three years of [...]
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