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Sales Tax Holiday Begins Friday

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As parents and students in Bossier Parish prepare to return to school Aug. 8, the state of Louisiana is lending a hand, with a sales tax holiday this weekend.

On Aug. 2 and 3, the first $2,500 of the purchase price of most individual items will be exempt from state sales tax. The holiday will apply to the four percent state sales tax, but will not apply to the sales taxes levied by parishes, municipalities, school boards, and other political subdivisions of the state, according to the Louisiana Department of Revenue.

 

Eligible Items

The exemption will apply statewide to all consumer purchases of tangible personal property, other than vehicles subject to license and title and meals furnished for consumption on the premises where purchased, including to-go orders, provided that the property is not for use in a business, trade, or profession.

 

Items Not Eligible

In addition to the specific exclusions in the Act for vehicles and meals, the state sales tax holiday will not apply to purchases of taxable services (such as hotel occupancy; amusement, recreational, and athletic admissions; repairs to tangible personal property; laundry, cleaning, pressing, and dyeing services; vehicle parking; the furnishing of cold storage space; printing services; and telecommunication services) or to leases or rentals of tangible personal property.

For more information, visit the State Revenue Department’s website at revenue.louisiana.gov.

The state of Arksansas will be holding its sales tax Holiday Saturday and Sunday while the state of Texas’ holiday is Aug. 9-11.