Surcharge

UPS Adds Surcharge for Packages Set to Arrive the Week Before Christmas

UPS (NYSE:UPS) is adding an extra surcharge for packages shipped to homes between December 17 and 23 this year. The cost, which includes a 27-cent charge for ground packages, 81 cents for next-day air and 97 cents for two- or three-day delivery, could make a major impact on ecommerce retailers during the holiday season. Obviously, …

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Another Kind of Tax Reform, New York FINALLY Poised to Roll Back Commercial Rent Surcharge

New York City Council is considering making cuts to the city’s commercial rent tax. The tax consists of a 3.9 percent surcharge on annual rents of more than $250,000 for stores and select businesses located south of 96th Street in Manhattan. New York Commercial Rent Tax Originally enacted in the 1960s, the tax covered businesses …

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