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Sales Tax Revenue Rises in Suffolk, Nassau

Sales Tax Revenue Rises in Suffolk, Nassau

Hauppauge - (WALK) Sales tax revenue increased by more than 6 percent in both Suffolk and Nassau in 2013 but still fell short of expectations, according to county officials.

The sales tax total in Suffolk was $1.28 billion in 2013, an increase of 6.75 percent over 2012 but $7.7 million less than projected.  Nassau's sales tax take last year was $1.13 billion, an increase of 6.3 percent, but the county budgeted $1.12 billion.

Factors for the fall-off include declining sales during the 4th quarter, and the ongoing trend among Long Islanders to shop online.  Online and overseas transactions are difficult to track or tax, say authorities.

Photo: Magnus Manske

 

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