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In this July Issue:
Sales Tax Holidays - Save money on your Back-to-School shopping
Money Saving Tip: July quick shopping notes
Save money on your Back-to-School shopping
To our members across the country, we are proud to share with you some highlights of this year’s Sales Tax Holidays. The primary focus of these holidays is to allow consumers an opportunity to save money on necessary expenses such as, back-to-school supplies.
Review the chart below to see if your state or perhaps a neighboring state is participating in a Sales Tax holiday.
We have listed the names of all participating states, the respective dates of participation and even some of the items you can purchase without paying taxes.
In 2006 thirteen states and the District of Columbia are participating in a “sales tax holiday”. These events allow consumers to make necessary purchases and legally avoid paying taxes on such items for a limited time.
You’ll notice a dollar amount listed next to the description of the consumer item. This amount indicates the highest price you can pay for a single item and still qualify for the tax break. One state in particular; South Carolina did not indicate a limit on the per item cost.
For more details on your state’s Sales Tax Holiday we recommend you visit the corresponding link below.
Enjoy your back-to-school shopping and your tax savings!
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State |
2006 Dates |
Items Exempted from State Tax |
Value |
Alabama |
Aug. 4-6 |
Clothing |
$ 100.00 |
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School supplies |
$ 50.00 |
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Computers |
$ 750.00 |
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Connecticut |
Aug. 20-26 |
Clothing and footwear |
$ 300.00 |
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Florida |
July 22-30 |
Clothing or books |
$ 50.00 |
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School supplies |
$ 10.00 |
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Georgia |
Aug. 3-6 |
Clothing and footwear |
$ 100.00 |
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Computers |
$1,500.00 |
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General school supplies |
$ 20.00 |
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Iowa |
Aug. 4-5 |
Clothing and footwear |
$ 100.00 |
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Maryland |
Aug. 23-27 |
Clothing and footwear |
$ 100.00 |
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Missouri |
Aug. 5-7 |
Clothing and footwear |
$ 100.00 |
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School supplies |
$ 50.00 |
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Personal computers |
$3,500.00 |
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Computer software |
$ 350.00 |
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New Mexico |
Aug. 4-6 |
Clothing |
$ 100.00 |
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Computers |
$1,000.00 |
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North Carolina |
Aug. 4-6 |
Clothing, footwear & school supplies |
$ 100.00 |
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Sports & recreation equipment |
$ 50.00 |
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Computers |
$3,500.00 |
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Computer supplies |
$ 250.00 |
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South Carolina |
Aug. 4-6 |
Clothing, clothing accessories |
N/A |
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Footwear, school supplies |
N/A |
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Computers, printers, software |
N/A |
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Tennessee |
Aug. 4-6 |
Clothing |
$ 100.00 |
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School supplies |
$ 100.00 |
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Computers |
$1,500.00 |
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Texas |
Aug. 4-6 |
Clothing and footwear |
$ 100.00 |
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Virginia |
Aug. 4-6 |
Clothing and shoes |
$ 100.00 |
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School supplies |
$ 20.00 |
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Washington, D.C. |
Aug. 5-13 |
Clothing or accessories |
$ 100.00 |
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Links
Alabama
http://216.226.178.107/salestax/rules/6365.htm
Connecticut
http://www.ct.gov/drs/cwp/view.asp?A=1436&Q=315194
Florida
http://www.myflorida.com/dor/tips/pdf/tip06a01-04.pdf
Georgia
http://www.etax.dor.ga.gov/salestaxholiday_2006/index.shtml
Iowa
http://www.state.ia.us/tax/educate/holiday1.html
Maryland
http://individuals.marylandtaxes.com/usetax/taxfree.asp
Missouri
http://www.dor.mo.gov/tax/business/sales/taxholiday/index.htm
New Mexico
http://www.state.nm.us/tax/pubs/FYI-203.pdf
North Carolina
http://www.dor.state.nc.us/taxes/sales/salestax_holiday.html
South Carolina
http://www.sctax.org/NR/rdonlyres/A7BD0A78-36BD-4B38-A00A-2AAE332625B1/0/RR059.pdf
Tennessee
http://state.tn.us/revenue/hottopics/salestaxholiday.htm
Texas
http://www.window.state.tx.us/taxinfo/taxpubs/tx98_490/tx98_490.html
Virginia
http://www.tax.virginia.gov/site.cfm?alias=STHoliday
Washington, D.C.
http://otr.cfo.dc.gov/otr/cwp/view,A,1329,Q,633881,otrNav_gid,1679,otrNav,|33288|.asp |
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| Money Saving Tip |
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July quick shopping notes The following items are usually on sale:
1. By July summer clothing is already going on sale. Shorts, bathing suits, sandals, and other fun in the sun stuff.
2. Major appliance sales.
We hope you have enjoyed these money saving tips and benefit from its use.
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