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Sales and other transaction taxes

Sales tax and other transaction tax

New York State administers a sales tax along with numerous other transaction taxes. Collections of sales and other transaction taxes increased by over $1 billion to $22 billion in 2025.

Sales tax is New York’s largest transaction tax

In 2025, 562,884 businesses collected $20 billion in state sales tax. This is a 5.3% increase in collections from 2024.

The 500 largest vendors reported more than 45% of total taxable sales in sales tax year 2025.

In 2024, most sales and use tax receipts were derived from retail trade and services industries.

Taxable Sales Increase $66 billion since 2022

Reported sales subject to the state's sales tax increased by $66 billion from sales tax year 2021–2022 to sales tax year 2024–2025.  Products and services generally purchased by individual consumers accounted for 67% of this increase (retail, restaurants, accommodation, services)

Consumer savings from sales tax exemptions

New York State offers tax exemptions on food, clothing, residential energy, Internet charges, and cable television, as well as a motor fuel tax cap. These exemptions save consumers more than $5.6 billion on staples and necessities every year.

Cannabis Collections

Quarterly cannabis collections surpassed quarterly wine collections in September 2023, beer collections in December 2023, liquor collections in June 2025 and continue to grow.

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