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Topics: Tax-Free Holidays |
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| Upcoming State Tax-Free Holidays |
Submitted by:
Tip Hero 08/13/2008 10:20 AM
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 Between now and the end of this year, six states along with Washington, D.C. have scheduled various types of sales tax holidays lasting anywhere from two days to as many as 17 days. The six states are Connecticut, Georgia, Massachusetts, Texas, Virginia, and West Virginia.
The types of sales tax exemptions vary by region, making it very important to know what purchases are tax free and what aren’t.
For example, Texas has a tax-free holiday coming up this weekend. As they note on their website: “The law exempts most clothing and footwear priced under $100 from sales and use taxes, which could save shoppers about $8 on every $100 they spend.”
But be careful. Sticking with the Texas example, while there are a number of items that are tax-free, such as:
dresses
jackets
jeans
belts with attached buckles
backpacks for use by elementary and secondary students
...there are also a number of items that are still taxed, such as:
handbags and purses
belt buckles without belt
backpacks - unless for use by elementary and secondary students
As you can see from the list above, the distinctions can be pretty specific, such as with belts and backpacks. Thus, it’s important to check directly with your state’s website to find out what will and won’t be taxed. [Also note: The above lists are just examples and do not represent the full list of tax-free and taxed items, as listed on the state of Texas website.]
The Federation of Tax Administrators website (www.taxadmin.org) lists state tax-free holidays for 2008. While we found the list to be accurate for the most part, we could not find information about Washington, D.C.’s upcoming tax-free holiday on the District of Columbia’s Office of Tax and Revenue website. This does not mean that this information is inaccurate, but we suggest contacting the office directly to confirm the dates.
List of tax-free holidays by region, according to TaxAdmin.org (as of July 31, 2008):
Connecticut: August 17-23
Georgia: October 2-5
Massachusetts: August 16-17
Texas: August 15-17
Virginia: October 10-13
West Virginia: September 1-7
Washington, D.C.: November 21-December 7
To view the full list of states and regions with tax-free holidays, visit TaxAdmin.org’s “2008 State Sales Tax Holidays” page. They provide links to each state’s/region’s website where information about the tax-free holiday is posted.
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