Thursday, August 26, 2010

Sliced Bagels, Taxes on Top

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What's the tax on a bagel? It depends how you slice it—or in the case of New York, if you slice it.




In New York, the sale of whole bagels isn't subject to sales tax. But the tax does apply to "sliced or prepared bagels (with cream cheese or other toppings)," according to the state Department of Taxation and Finance. And if the bagel is eaten in the store, even if it's never been touched by a knife, it's also taxed.

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