Thursday, July 21, 2011

Sales Tax Holiday July 29 and 30, 2011


The state’s third Sales Tax Holiday will take place during a 48-hour time period beginning 12:01 a.m. Friday, July 29, 2011, and ending 12:00 midnight Saturday, July 30, 2011. The popular “back to school” event is worth 7 percent in savings to consumers as result of waiving the sales tax on specific items.
The items exempt from sales tax during the Sales Tax Holiday period are identical to those items exempted the prior two years. Clothing and footwear items, meant to be worn next to the body and cost less than $100 per item, are exempt from sales tax during this period.

Accessories such as jewelry, handbags, wallets, watches, backpacks, and similar items do not qualify for the Sales Tax Holiday. Cleats and items worn in conjunction with an athletic or recreational activity are other sample items not eligible. School supplies and computers are not included.
Please review the  listing of eligible and non-eligible clothing and footwear items for more information.
The following municipalities are suspending the Sales Tax Holiday within their corporate limits and will not participate this year: Bolton, Crenshaw, Enterprise, Heidelberg, and Magnolia.
All retail businesses within the corporate limits of the municipality not participating must charge and remit to the state sales tax on all sales that would normally be exempt under the Sales Tax Holiday.

This post was obtained from www.dor.ms.gov

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