Sales Tax Holiday this weekend for certain "Back To School" purchases
Date 2012/7/30 12:00:00 | Topic: News
|Several area cities and counties will not participate when the state sales tax is waived on commonly purchased “back to school” items.|
The state plans on a sales tax holiday Friday August 3rd through Sunday August 5th. It is described as a time shoppers in Missouri to save money on computers, clothes and school supplies.
During this time period, the state's 4 point 225 percent sales tax will not be assessed on certain purchases. Local governments can participate in the holiday and increase the savings for shoppers, or opt out of the holiday and maintain their local tax revenue during the holiday.
Those taking the option of continuing to charge local sales taxes are from this area: Trenton, Chillicothe, Pattonsburg, Green City, and Marceline. Counties planning to keep collecting local sales taxes from this area include Grundy, Mercer, Livingston, Linn, Carroll, and Putnam.
The state sales tax will not be charged on the following items during the holiday: Clothing that does not have a value of more than $100. School supplies, not exceeding $50 per purchase, that are used in a standard classroom for educational purposes. Personal computers that don't cost more than $3,500 and computer
peripheral devices that do not exceed $3,500.
Again, the sales tax holiday—where applicable and items that are eligible will be in effect for three days: from Friday through Sunday.