Sales tax holidays quickly approaching

Many states offer a sales tax holiday each year. The exemption from sales tax during these periods generally relates to school supplies and clothing. However, some states will also offer it on other items. 

Ohio’s sales tax holiday will begin August 4, 2017, and end August 6, 2017. This is the third year that Ohio has offered a sales tax holiday. During this period the following items will be exempt from sales and use tax:

  • Clothing (limited to items priced at $75 or less)
  • School instructional material (limited to items priced at $20 or less)
  • School Supplies (limited to items priced at $20 or less)

There is no limit on the total purchase price at checkout; the limit is applied on a per-item basis. So if you purchase three shirts each costing $50, all $150 will be exempt from sales tax during the holiday. If you purchase one shirt costing $80, sales tax will be charged on the full $80. 

It is important to note that the exemption from sales tax during the holiday does not apply to items used in a trade or business. Therefore, if you purchase office supplies during this period and the retailer does not collect sales tax at the time of purchase, the consumer is obligated to self-remit use tax on the purchase.

Below is a list of other states’ sales tax holiday dates. The items and dollar limitations vary by state.

State

Date

State

Date

Alabama

7/21 – 7/23

Mississippi

7/28 – 7/29

Arkansas

8/5 -8/6

Missouri

8/4 – 8/6

Connecticut

8/20 – 8/26

New Mexico

8/4 – 8/6

Florida

8/4 – 8/6 Estimated date

Oklahoma

8/4 – 8/6

Iowa

8/4 – 8/5

South Carolina

8/4 – 8/6

Louisiana*

8/4 – 8/5

Tennessee

7/28 – 7/30

Louisiana*

9/1 – 9/3

Texas

8/11 – 8/13

Maryland

8/13 – 8/19

Virginia

8/4 – 8/6

 

*Louisiana has two holidays approaching. The first holiday is on the sales of all tangible personal property and the second holiday is for firearms, ammunition, and hunting supplies.