Quote:
Originally Posted by NYCrules
Sorry for the Off-topic question, but does anyone care to tell me if street vendor is a legal business in NY (or the US)? Do these people pay tax and stuff?
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Of course its legal. Yeah they pay taxes. Not doing so is tax evasion. Hell, if they didn't, and could get a way with it, you'd see me do it too. Imagine the money you have setting up in TS and not paying taxes lol.
They also need a permit btw. Unless your selling counterfeit Louis Vuitton on Saturday night, 5th avenue. That requires a bag, and when the cops come, you stuff the purses and scarfs and run!
Also, some street vendors pay rent for certain locations. Example: Outside of museums or popular spots. Hence why a lot of them move around; often attached to a mini van. But depending on the location, it can be quite lucrative, but cut throat.