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Tax-Free Weekend Approaching For Back-To-School Shoppers

03 August, 2018, 00:29 | Author: Lawrence Cooper
  • Sales tax on school, emergency supplies to take holiday Aug. 3-5

School art supplies, textbooks, educational materials and clothing accessories such as belts and bags are still taxable.

Ohio's Sales Tax Holiday runs this weekend.

However, this year, she said, there are already middle-aged shoppers who are now shopping and looking to come back during the tax-free weekend to get additional discounts. In April, Gov. Scott Walker used a partial veto to extend the period to five days. Online purchases of qualifying items are also tax-exempt during the sales tax holiday.

The study also found that OH counties that border other states experienced a 15.48 percent increase in sales tax collection, leading to the conclusion that many out-of-state families traveled to OH to take part in the tax holiday.

It's been advertised as beneficial for back-to-school shopping, but it's more than that. This year the state sales tax rate is 4.45 percent.

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The Exchange tried to contact the Laurinburg Walmart to see if there is a dip in sales during the tax-free weekend due to people traveling to SC but there was no word back.

In both states, you will not pay state sales tax on back-to-school gear.

A report, released in July by the Tax Foundation, says temporary tax exemptions are a "political gimmick" that cause more harm than good and fail to solve larger policy issues.

5, certain items will be exempt from state and county sales and use taxes.

Davis' bill, which was created to replace part of a temporary one-cent sales tax that expired June 30 and avoid a budget crisis, will expire on June 30, 2025.

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