Sales Tax Holiday
August 17-19, 2007
The annual sales tax holiday for clothes and shoes has changed to the
third Friday, Saturday and Sunday in August. This year, for the first
time, school backpacks that cost less than $100 may be purchased
tax-free.
Texas shoppers get a break from state and local sales taxes on August
17, 18, and 19 – the state’s annual tax holiday. Lay-away plans can be
used again this year to take advantage of the sales tax holiday.
The law exempts most clothing and footwear priced under $100 from
sales and use taxes, which could save shoppers about $8 on every $100
they spend. Backpacks under $100 and used by elementary and secondary
students are also exempt. A backpack is a pack with straps one wears
on the back. The new exemption during the sales tax holiday includes
backpacks with wheels, provided they can also be worn on the back
like a traditional backpack, and messenger bags. The exemption does
not include items that are reasonably defined as luggage, briefcases,
athletic/duffle/gym bags, computer bags, purses or framed backpacks.
Ten or fewer backpacks can be purchased tax-free at one time without
providing an exemption certificate to the seller.
A word of caution: If you sell items that do not qualify for the
exemption, you may not advertise or promise that you will pay your
customers’ sales tax. Additionally, you are prohibited from
advertising that you will not collect sales tax on items that do not
qualify. You may advertise that tax is included in the sales price of
the taxable items that you sell, however.
For information on how to report tax on these sales, please visit
Reporting Sales Tax on Tax-Free Items or call us toll free at (800)
252-5555.
http://www.window.state.tx.us/taxinfo/taxpubs/tx98_490/tx98_490.html
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