00:00Which states are participating in sales tax holidays this year?
00:05A sales tax holiday is a period of time, often falling over a weekend, when a state will
00:10waive or reduce their sales tax payable on certain items.
00:15Not every state has tax holidays, and not every participating state has the same set
00:20of rules.
00:21But many states do focus their annual sales tax holiday on back-to-school supplies.
00:27For example, throughout the month of August, Florida offers exemptions on school supplies
00:32selling for $50 or less, clothing, footwear, and accessories selling for $100 or less,
00:38and computers and related accessories selling for $1,500 or less.
00:43In Texas, the law exempts most clothing, footwear, school supplies, and backpacks priced under
00:49$100 from sales and use taxes.
00:52Here are other states with tax holidays.
00:56For a list of what each state is offering, head to Forbes.com.
Comments