Sorry, Flywheel — your tax loophole won’t fly in the Big Apple. The celebrity-friendly indoor cycling studio has lost a bid to skip paying city sales taxes through a state exemption for “participatory sporting activities.” Gyms, Pilates studios and other similar establishments have to cough up the 4¹/₂ percent levy, but facilities providing basketball, racquetball...
Cycling Studio Tried To Skip Paying Taxes By Claiming A State Exemption
Julia Marsh, New York Post: Local
Sun, 06/24/2018 - 7:43pm
Sections: u.s.
Topics: New York New York City
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