Topic: Tax-free shopping

Brave the thundering hordes: shoppers surge for tax breaks

By Christine Anne Piesyk | August 5, 2007 |

One writer’s look at sales tax amnesty and reasons for NOT shopping tax free weekend …

Tennessee offers a back-to-school tax-free shopping weekend every year, a benefit to families with students heading back to school. It’s happening this weekend, August 3-5. It’s a potential benefit to everyone including businesses who want a break on clothing, school or office supplies, and computers. The extent of items liberated from taxation have some restrictions, but the boon is not limited just to families with school age children. Small and large businesses benefit as well from the tax breaks, either as buyers or sellers of merchandise. Because everybody, not just parents of school age children or college students, can save. Seems like a good idea. But what is the reality? «Read the rest of this article»

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State offers tax “holiday” August 3,4,5

By Christine Anne Piesyk | July 31, 2007 |

Just in time for a back to school shopping rush, the State of Tennessee has rolled back the sales tax for a three day weekend, giving a break to parents and teachers preparing for the start of the new school year.

Starting at 12:01 Friday morning (August 3) through 11:59 p.m. Sunday, shoppers will not be charged sales tax on school supplies, school clothing priced at under $100 an item, and computers priced at $1500 or less. For the first time, basic art supplies such as art paper and watercolors are included in the tax break.

The tax break is not limited to students and teachers; anyone shopping can take advantage of the savings during the weekend. Clothing may include, shoes, belts, outerwear, school uniforms, shirts, dresses, undergarments and more. The tax exemption also applies to layaway items for which the final payment is made over the weekend, and items placed on layaway during the tax holiday. «Read the rest of this article»

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