Louisiana to Hold “Sales Tax Holiday” on August 3-4
July 26, 2012 11:24 AM The Louisiana Department of Revenue has designated August 3-4 as a Sales Tax Holiday. Get all the information here on how to take advantage of this deal while doing your back to school shopping.
Louisiana Sales Tax Holidays provide an exemption from state sales tax on the first $2,500 of the purchase of most tangible items. Specifically eliminating the 4 percent state sales tax, this means that shoppers will still be paying the remainder of sales taxes levied by parishes, municipalities, school boards, and other political subdivisions of the state. Though, this doesn’t mean that you won’t be saving some money by doing your shopping the weekend of August 3-4.
Almost all consumer goods are eligible for this exemption, except for the purchase of vehicles that are subject to license and title, and restaurant furnished meals. Neither will the exemption spread to taxable services such as hotel stays, recreation or athletic admissions. Though as school begins not two weeks after the Sales Tax Holiday it is likely that most will be focusing their purchasing power on the necessary items for their children to have a great school year.
So, be sure to buy your pencils and pens and school uniforms the weekend of August 3-4, as retailers have been known to offer great deals during these sales tax exemption periods.
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