Tax Free Weekend

[burt ragio]

Don't forget if you need any big ticket items tires engine supercharger ect. This weekend is tax free & can save you a bundle.

[fastblackmerc]

Don't forget if you need any big ticket items tires engine supercharger ect. This weekend is tax free & can save you a bundle.

In N.C. it's just for clothing, computers & supplies, school instructional materials, school stuff & sport / recreational stuff.

[fastblackmerc]

A recently enacted statute provides for a Massachusetts “sales tax holiday weekend,” i.e., two consecutive days during which most purchases made by individuals for personal use will not be subject to Massachusetts sales or use taxes. St. 2010, c. 240 (“the Act”). The Act provides that the sales tax holiday will occur on August 14 and 15, 2010 and on those days, non-business sales at retail of single items of tangible personal property costing $2,500 or less are exempt from sales and use taxes, subject to certain exclusions. The following do not qualify for the sales tax holiday exemption and remain subject to tax: all motor vehicles, motorboats, meals, telecommunications services, gas, steam, electricity, tobacco products and any single item whose price is in excess of $2,500. The Act charges the Commissioner of Revenue with issuing instructions or forms and rules and regulations necessary to carry out the purposes of the Act.

I think your out of luck.... a less that $2,500.00 S/C?

[Bluerauder]

In N.C. it's just for clothing, computers & supplies, school instructional materials, school stuff & sport / recreational stuff.

Same in Virginia ... mostly for "Back to School" clothing, supplies, shoes, etc. I think there is a $100 limit for any single item.

[RacerX]

Taxes??? What taxes??? :D

[burt ragio]

Taxes??? What taxes??? :D

Yeh I know "Live free or die" or is that another state.

[RacerX]

That's the state! I'm texting from Lackland AFB, San Antonio, TX right now.

[Joe Walsh]

Maryland has a tax free week for clothing and school related items.

Marianne and I went out shopping for clothes with Ben, who is attending Junior College.
We spent $300 which saved us $18 in Maryland Sales Tax.
It was nice to thumb my nose at Maryland and especially governor Martin Owe'Malley who raised our sales tax from 5% -> 6%.

[Egon Spengler]

The Act provides that the sales tax holiday will occur on August 14 and 15, 2010 and on those days, non-business sales at retail of single items of tangible personal property costing $2,500 or less are exempt from sales and use taxes, subject to certain exclusions.
They tax us so much here in MA, they can afford to give us a break every once in a while! The govenor came to my office a couple of months ago to talk about small businesses and also discussed the holiday while he was here.