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VAT on Fabric?

VAT on Fabric?

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Old 12-15-2010, 03:39 PM
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Sales tax here is 13%. So a good quality fabric at my LQS could cost me as much as $19.00 - $20.00 a metre.
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Old 12-15-2010, 03:57 PM
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Living in Brooklyn New York, we have state tax and New York City tax. In total it's about 8.7%.

Very interesting topic. I've heard talk of VAT tax in USA, but as of yet, they haven't done it.
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Old 12-15-2010, 04:04 PM
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Originally Posted by Aully
We pay 18% mark up on fabrics, our sales tax is 5%.
Where does the 18% mark-up come from? And the 5% is the goods and services tax. (Canada)
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Old 12-15-2010, 04:09 PM
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Ontario Canada, just about everything has a HST of 13%. Even your trip to the barber!
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Old 12-15-2010, 04:10 PM
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Originally Posted by plainjane
SO, we (USA) have Fort Knox - and you have LQS :)
A lot good Fort Knox is to us now. We'll have a VAT soon enough in addition to state sales tax. Can't wait.
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Old 12-15-2010, 05:02 PM
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B.C. --Hst (every time I see hst, I think half square triangle) is 12%.
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Old 12-16-2010, 04:56 AM
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Okay I just checked online and converted the 14.95 euro to usd and came up with $19.79 roughly... so that is alot per yard so next time someone complains about our prices I will mention how high it is overseas... thanks for reminding us how blessed we are...
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Old 12-16-2010, 05:07 AM
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tax here is 8.75 %
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Old 12-16-2010, 05:13 AM
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Maine is 5 pct.
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Old 12-16-2010, 05:18 AM
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It varies in Minnesota depending on what city you live in. Where I am it's 7.5%. What is strange though is that some fabrics are taxed and some are not. We do not have a clothing tax in MN. I work at Hancock Fabrics and it is just a little strange which fabrics come up being taxed when we ring them up. Customers have complained, but it really is beyond our control.
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