As in past years, as children prepare to go back to school, the State of Texas will be offering consumers a Sales Tax “holiday”. This year the holiday weekend will take place on August 21, 22, and 23.
The sales tax exemption applies to most clothing and footwear items priced under $100, as well as backpacks used by students priced under $100. Luggage style back packs, computer cases or briefcases are not included on the tax exemption list.
New to the sales tax exemption list this year are many school supplies priced at less than $100 and for use by an elementary or secondary school student. This addition is the result of the Texas Legislature passing HB 1801. Be prepared, however, if you are purchasing supplies using a business account, a business credit card or a business membership at certain retailers, you will be asked to sign an exemption certificate stating that the supplies are for use by an elementary or secondary school student.
The Sales Tax Holiday Weekend is a great way to save money and stimulate our economy, and it’s also typically one of the busier retail weekends of the year outside of the December holiday shopping season.
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