Texas
shoppers get a break from state and local sales taxes on August 9th, 10th
and 11th - the state's annual tax holiday. Lay-away plans can be used
again this year to take advantage of the sales tax holiday.
As
in previous years, 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 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.
• List of Qualifying Clothing, Footwear and Other Items - click here
• List of Qualifying School Supplies - click here
• Frequently Asked Questions - click here
• Rule 3.365, Sales Tax Holiday--Clothing, Shoes & School Supplies
This update came to me from Independence Title and I thought it would be great to pass along!