§ 1172. Legislative finding. The legislature finds that a simplified sales and use tax system will reduce and over time eliminate the burden and cost for all vendors to collect New York state's sales and use tax. The legislature further finds that New York state should enter into an agreement with one or more states to simplify and modernize sales and use tax administration in order to substantially reduce the burden of tax compliance for all sellers and for all types of commerce.

Terms Used In N.Y. Tax Law 1172

  • Agreement: means the streamlined sales and use tax agreement. See N.Y. Tax Law 1171
  • State: means any state of the United States and the District of Columbia. See N.Y. Tax Law 1171
  • Use tax: means the compensating use tax imposed pursuant to article twenty-eight of this chapter and pursuant to the authority of article twenty-nine of this chapter, to the extent covered by the streamlined sales and use tax agreement authorized and directed to be entered into by section eleven hundred seventy-three of this article. See N.Y. Tax Law 1171
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