Tax Tips & News

NY State: Yoga Not Exercise, Won't Be Taxed - R&G Brenner

Written by R&G Brenner | Jul 31, 2012 11:11:15 AM

The New York State Department of Taxation recently issued a ruling that Yoga is to be considered more spiritual, and less exercise. Therefore Yoga studios and businesses won’t have to collect or pay taxes. However, these rules will not apply if a Yoga class takes place inside a gym or other conventional exercise facility.

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Source: myfoxny.com