Woo hoo: tax-free weekend is coming up!

It's the favorite time of year for parents:

Parents have the opportunity for some extra back-to-school savings during Texas' seventh-annual Sales Tax Holiday, August 5–7, 2005.

The holiday provides exemptions from state and local sales taxes on most clothing and footwear priced at less than $100, saving shoppers about $8 on every $100 they spend.

The rules for the 2005 holiday are similar to previous years. The tax exemption applies to school and work uniforms, pajamas, robes, slippers, socks, underwear, jackets, and sweaters. Tennis shoes, baseball caps, jogging suits, and other commonly worn athletic clothing are also tax exempt—and there’s no limit on how many exempt items may be purchased.

Items previously placed on layaway may be redeemed tax-free during the Sales Tax Holiday, and items placed on layaway during the Sales Tax Holiday may be later taken out tax-free. A list of tax-exempt and non-exempt items is available at http://www.window.state.tx.us/taxinfo/taxpubs/tx98_490/tx98_490.html.

Posted by Anne Linehan @ 07/23/05 08:50 AM | Print |

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