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State sales tax holiday set for first weekend in August


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Local businesses and consumers will get a boost and some sales tax relief from Tennessee’s “Sales Tax Holiday.”

This year’s sales tax holiday is set to begin at 12:01 a.m. Friday, Aug. 6 and end at 11:59 p.m. Sunday, Aug. 8.

“During tough economic times, it is even more important to stimulate sales to local businesses, while providing citizens sales tax relief,” State Sen. Bill Ketron said. “It is especially needed this year.” 

During the holiday, 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. 

“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,” State Sen. Jim Tracy. “I am very pleased this legislation has provided some relief for citizens since its implementation in 2006.”

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.

For more information or for details on exempted items, visit tn.gov/revenue/salestaxholiday/ or call 1-800-342-1003.

 
 
 
Tagged under  Economy, State



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