There is no specific tax on Xbox purchases, but any taxes that would be levied by the government would need to be paid by the purchaser.
Xbox Live Gold is not currently free, although it has been in the past. Microsoft has introduced a new subscription service called Xbox Game Pass which offers a variety of games for $9.99 a month.
There are a few reasons why you might have sales tax on an Xbox. One reason is that the Xbox is classified as a “consumer product.” This means that the Xbox falls under the jurisdiction of state sales taxes. Another reason is that Microsoft may have negotiated special pricing with a particular state or local government.
There is no tax on Xbox games.
There is no confirmed information on whether Xbox Live will be free in 2021, but it’s possible. Microsoft has been making a push to make its services more affordable, so it’s possible that Xbox Live could be free for some users.
Xbox Live Gold is available for a monthly subscription, but it’s not clear if it’s still available for a 12-month subscription. We’ll update this answer if we learn more.
Yes, 12 month Gold cards still work. However, the interest rates may be lower than what you are currently receiving.
Microsoft pays federal and state taxes on its income. In 2017, Microsoft paid $32.5 billion in taxes.
There is no sales tax in New York.
Tax is calculated based on an individual’s income and deductions. The most common deductions are for mortgage interest, property taxes, and charitable contributions. Other deductions may include medical expenses, child care expenses, and tuition payments.
