Thought I would pass this along. Received this in an email from a good friend. With gas prices so high this might help on cost for some. I’ve not been one to much take advantage of this, used to be not much was actually tax deductible, but times — they are a changin’. And I’ve not been one to go out and splurge (even for school stuff) on much of anything, saving $8 per $100, um, with gas prices, be careful where to ‘drive to,’ that savings might just get eaten up in gas.
Three-Day Sales Tax Holiday for Clothing and Footwear
August 15-17, 2008
Texas shoppers get a break from state and local sales taxes on August 15, 16 and 17 – the state’s annual tax holiday. Lay-away plans can be used again this year to take advantage of the sales tax holiday.
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.
A word of caution: If you sell items that do not qualify for the exemption, you may not advertise or promise that you will pay your customers� sales tax. Additionally, you are prohibited from advertising that you will not collect sales tax on items that do not qualify. You may advertise that tax is included in the sales price of the taxable items that you sell, however.
For information on how to report tax on these sales, please visit Reporting Sales Tax on Tax-Free Items or call us toll free at (800) 252-5555.
List of Items and Their Exempton Status
[ (T) = Taxable; (E) = Exempt ]
Download a Print Version of this List (PDF file)
This list provides examples only. It does not include all items that may qualify for exemption during the sales tax holiday. If you have questions, please call us toll free at (800) 252-5555.