Monday, August 2, 2010

Tax Free Weekend For Back To School Purchases


August Sales Tax Holiday: School Supplies and Clothing

Virginia Tax Free Holiday

When: First full weekend of August (Friday, Saturday and Sunday) each year. The 2010 holiday will take place on August 6-8, 2010.

What's Exempt: During this three-day period, purchases of qualifying school supplies selling for $20 or less per item, and purchases of qualifying clothing and footwear selling for $100 or less per item will be exempt from sales tax.

Retailers may also choose to absorb the tax on other items during the holiday period, but they are responsible for paying the tax on those items to the Department of Taxation.


Maryland Sales Tax Holiday

August 8-14, 2010

The Maryland Sales Tax Holiday gives shoppers a 6 percent savings on qualifying clothing and footwear priced at $100 or less. Qualifying apparel included belts, coats, jackets, pants, shoes, socks and sweaters. The sales tax exemption applied to each eligible item, regardless of how many items you purchase at the same time.

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