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Aug 02 2011

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Sales Tax Holiday looms

Texas Comptroller Susan Combs says Texas families have a big opportunity to save money when they shop.
The state’s annual Sales Tax Holiday is scheduled for Friday, Saturday and Sunday, August 19-21.
“On that weekend, shoppers will pay no state or local sales tax on many school supplies, school backpacks and most children’s and adults’ clothing and shoes priced at less than $100,” Combs said.  “The tax break helps out when the kids’ back-to-school lists are long and money is short.”
This year, Combs predicts shoppers will save $62.1 million in state and local sales taxes during the Sales Tax Holiday.
The tax holiday weekend has been an annual event since 1999.  Currently, the Tax Code sets the holiday for the third Friday, Saturday and Sunday in August.
Lists of apparel and school supplies that may be purchased tax free can be found on the Comptroller’s website at www.texastaxholiday.org.

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