Monday, August 20, 2012

New York - Great news! - Shipping Materials Exempt From Tax

On August 16, 2012, New York court overturned Tax Tribunal decision and ruled in the favor of United Parcel Service, Inc. (“UPS”). UPS provided shipping supplies (i.e. envelopes, boxes, stickers and pouches) to its customers free of charge. The supplies which contained the Company’s logo were designed for customers using the Company’s air delivery services and are intended to promote the company’s brand, as well as its share of the air delivery market. The Court ruled the shipping materials that UPS provided to its customers were exempt from tax as promotional materials. For more information on how UPS, Inc. v. Tax Appeals Tribunal of the State of New York (Aug. 16, 2012), impacts your company's operations in the state of New York, please contact Karen Lake at 305.960-1202.