This Weekend's Tax Holiday is for More Than School Supplies

03 August, 2018, 18:41 | Author: Corey Lynch
  • Ohio to have a sales-tax holiday

It's back-to-school shopping time, and your friends in nearby states may be gearing up to buy computers, clothing and school supplies free of sales tax this weekend.

Governor Scott Walker announced Wisconsin's first ever sales tax holiday that will start August 1st and run through August 5th.

Virginia and SC will hold theirs starting at 12:01 a.m. Friday, Aug. 3, and ending at 11:59 p.m. Sunday, Aug. 5.

The Ohio Senate unanimously approved a bill earlier this year that made the three-day sales tax holiday permanent.

The weekend is one of the busiest shopping events of the year for some retailers.




Qualifying items in Missouri include clothing and shoes under $100, school supplies under $50 per transaction, computer software under $350, and computers under $1,500. The local tax break on the Second Amendment Holiday will remain in place.

The 7.875 percent sales tax rate in Albuquerque consists of 5.125 percent New Mexico state sales tax and 2.75 percent Albuquerque tax.

The tax exemption applies to parents' back-to-school shopping for their kids, and for teachers stocking their classrooms. The state allows a wide variety of clothing items to go untaxed including fur coats, golf clothes, lingerie, and wedding apparel.

For information, visit tax.ohio.gov and look at the department's "Sales Tax Holiday Frequently Asked Questions" page. Georgia repealed a tax holiday last year, and the Massachusetts Legislature this year defeated a proposed holiday, Anklam said.

"The people of OH deserve to keep more of the money they earn so that they can more easily provide these essentials for their families", said McColley.

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