During this time, the following items will be exempt from sales and use tax: clothing priced $75 per item or less, school supplies priced $20 per item or less and school instructional material priced $20 per item or less.
Governor Scott Walker today reminded Wisconsin families to take advantage of the Back-to-School Sales Tax Holiday while visiting Shopko in Rothschild, Blain's Farm and Fleet in Eau Claire, and Kohl's in La Crosse.
During the three-day weekend, Florida shoppers won't have to pay the usual sales tax on many items such as clothes, shoes and school supplies. The state will waive taxes on certain school supplies and clothing, energy and water efficient appliances and hurricane preparedness items.
Typically, critics point out that although meant to help lower-income consumers, usually only more affluent shoppers can afford to buy a large amount of merchandise in one go, Anklam said. Online purchases of qualifying items are also tax-exempt during the sales tax holiday. See more about Missouri's tax-free holiday weekend here.
The 7.875 percent sales tax rate in Albuquerque consists of 5.125 percent New Mexico state sales tax and 2.75 percent Albuquerque tax.
This is the fourth consecutive year of the tax relief in OH, made possible by House Bill 49.
The tax exemption applies to parents' back-to-school shopping for their kids, and for teachers stocking their classrooms.
Clothing on a state-approved list is capped at $100 per item, computers at $1,000, and accompanying monitors and other equipment at $500. The local tax break on the Second Amendment Holiday will remain in place.
If an item of clothing qualifies for the exemption under the "sales tax holiday", then all adjustment charges associated with that sale are exempt.
Louisiana's Department of Revenue estimates the sales tax holidays would have cost the state $5.2 million in taxes this year. So it definitely can help them save a little bit of money.