This terrific annual event is just around the corner. You don't have to be a Georgia resident to enjoy the tax savings.
The sales tax exemption pertains to merchandise in three categories:
Articles of Clothing
The exemption applies to articles of clothing and footwear with a sales price at time of purchase of $100 or less per item. There is no monetary limit on a purchase as long as the price of a single item does not exceed $100. Jewelry, handbags, umbrellas, eyewear, watches, watchbands, rented items and items purchased for use in a trade or business are NOT tax-exempt.
Personal Computers
A single $1,500 or less purchase of a personal computer (PC) and/or related accessories is exempt. The exemption does not require the purchase of a "personal computer base unit" (tower, desktop, laptop) and is extended to peripheral devices such as modems, printers, speakers, non-recreational software, etc. If a single purchase exceeds the $1,500 maximum the entire purchase is taxable. A single purchase is considered the total of all sales made to a customer in one visit to a store. Furniture, cellular telephones, any systems, devices, software, or peripherals designed or intended primarily for recreational use, purchases for a trade or business, or items leased or rented are NOT tax-exempt.
General School Supplies
The exemption applies to the purchase of general school supplies with a sales price at the time of purchase of $20 or less per item. There is no monetary limit on the purchase as long as the price of a single item does not exceed $20. Purchases for use in a trade or business are not eligible for the exemption.
Be sure to check out this Frequently Asked Questions webpage because there are exceptions that are not always intuitive.
If you need additional information, contact the Taxpayer Services Division at 404-417-6601 or mailto:taxpayer.services@dor.ga.gov.
Happy shopping!!!
Comments(0)