Missouri’s tax-free weekend expected to draw big crowds

Missouri’s tax-free weekend expected to draw big crowds

People could purchase items such as clothing, shoes, and school and arts supplies that cost $100 or less with no sales tax.

The sales tax holiday weekend in Florida runs August 3-5, 2018.

The holiday begins at midnight Friday and runs through 11:59 a.m. Sunday.

The sales tax was waived on purchases of clothing and school supplies of less than one-hundred dollars and on computers less than 15-hundred dollars.

In both states, you will not pay state sales tax on back-to-school gear.

If you haven't gone back to school shopping yet, this weekend will be the time to do it.

Some cities and counties have opted not to participate in the tax-free weekend, meaning sales tax will still apply. Though state sales taxes were exempted on this holiday, local sales taxes were still applied.

School instructional materials are defined by the state tax department as, "reference books, reference maps and globes, textbooks and workbooks". "In order to benefit the taxpayer, if the piece of clothing is used for a sport, but could also be used as an everyday clothing item for school, it qualifies as non-taxable". He also encouraged people to look at the Chamber and see the options they have for buying and shopping locally, including a Chamber gift certificate.

The Department of Revenue estimates that this onetime, five day sales tax holiday will provide approximately $14.8 million in tax relief to Wisconsin consumers. Georgia repealed a tax holiday last year, and the Massachusetts Legislature this year defeated a proposed holiday, Anklam said.

"They're losing a ton of money when they do this", Lumley said.

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