Published: Fri, August 03, 2018
Economy | By Shawn Conner

Sales tax holiday is this weekend

Sales tax holiday is this weekend

It wasn't a holiday from work, but the sales tax holiday weekend in Tennessee has many retailers smiling today.

It's Back to School season on the First Coast and parents will have the opportunity to save on school supplies this weekend.

If an item of clothing qualifies for the exemption under the "sales tax holiday", then all adjustment charges associated with that sale are exempt.

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Missouri's sales tax holiday weekend is just days away.

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.

Items.com spokesperson Sarah Hollenbeck encourages shoppers to bring in coupons, as those discounts will be added in addition to the tax exception.

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Each item of clothing must cost less than $75.

You can also get the qualified items online, tax free. Computers must be purchased for personal use and must cost $750 or less.

According to offers.com, items that don't qualify under tax-free purchases include include watches, jewelry, umbrellas, handkerchiefs, sporting equipment, and any special clothing or footwear designed primarily for athletic activity or protective use, and not usually considered appropriate for everyday wear. "A lot of these purchases are the ones people make when they are doing their back to school shopping". We did see a lot more influx of that market.

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Items used in a trade or business are not exempt.

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