NYC Citi Bike Sales Are Tax-Exempt, But Equipment Is Not

By Ama Sarfo (July 31, 2014, 6:52 PM EDT) -- New York City's Citi Bike bicycle-sharing program is exempt from paying sales and use taxes on its bikes since the items are property purchased for resale, but the program must pay taxes on its bike station equipment, the state's tax regulator said Thursday....

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