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Tuesday, July 29, 2014

State sales tax holiday returns Aug. 5

Friday, July 29, 2011

Tennessee's "Sales Tax Holiday" starts next week.

It starts at 12:01 a.m. Friday, Aug. 5, and ends at 11:59 p.m. Sunday, Aug. 7.

"This is the six-year anniversary of the sales tax holiday which has been a tremendous success," state Senator Bill Ketron (R -Murfreesboro) said.

Ketron was a key supporter of the initiative.

"During tough economic times, it is even more important to stimulate sales to local businesses, while providing citizens sales tax relief," Ketron said. "The holiday is particularly geared toward 'back to school needs,' but it applies to clothing and many other items, which helps consumers of any age."

During Aug. 5-7, clothing and school supplies with a price of $100 or less per item, and computers with a price of $1,500 or less per item will be exempt from the state sales and use tax. Clothing includes shirts, dresses, pants, coats, gloves, hats and caps, hosiery, neckties, belts, sneakers, shoes, uniforms and scarves. School supplies include items used by a student in a course of study. It also includes binders, book bags, calculators, tape, chalk, crayons, erasers, folders, glue, pens, pencils, lunch boxes, notebooks, paper, ruler, and scissors.