Tax & Accounting Blog

August Sales & Use Tax Rate Changes

Indirect Tax, ONESOURCE, Sales and Use Tax July 30, 2012

 

There were very few changes effective in August 2012, but it was a heavy month as expected for Sales Tax Holidays, predominantly for Back-to-School savings that we see offered annually throughout many states – this year we had 16 participating states.  Below you can reference a selection of the standard sales and use tax changes taking effect as of August:

Rate Changes

Alabama: Jackson (Use Tax) 4.0%; Jackson (Agricultural, Automotive, and Manufacturing Use Tax) 0.5%; Jackson PJ (Use Tax) 2.0%; Jackson PJ (Agricultural, Automotive, and Manufacturing Use Tax) 0.25%
Arizona: Camp Verde 3.0% (Sales and Rental Sales Tax); Camp Verde (Commercial Lease) 2.0%; Glendale 2.9% (Sales & Use, Commercial Lease, and Rental) 2.9%; Glendale (Grocery) 2.5%

Sales Tax Holidays

Alabama: August 3 – August 5, 2012.  Purchases of clothing and footwear $100 or less, computers, computer software, and computer supplies $750 or less, non-business purchases of school supplies $50 or less, and non-business purchases of books $30 or less.  Local authorities have the option to participate, partially participate, or not participate in the holiday.

Arkansas: August 4 & August 5, 2012.  Purchases of clothing and footwear under $100, clothing accessories under $50, and school supplies.

Connecticut: August 19 – August 25, 2012.  Purchases of clothing and footwear under $300.

Florida: August 3 – August 5, 2012.  Purchases of clothing and footwear $75 or less, and school supplies $15 or less.  The exemption does not apply to sales of books, clothing, or school supplies within a theme park, entertainment complex, public lodging establishment or airport.

Georgia: August 10 & August 11, 2012.  Purchases of clothing and footwear $100 or less, computers $1000 or less, and school supplies $20 or less.

Iowa: August 3 & August 4, 2012.  Purchases of clothing and footwear under $100.

Louisiana: August 3 & August 4, 2012.  Non-business purchases of tangible personal property $2500 or less.  St. Charles Parish and St. John the Baptist Parish also are participating in the holiday.  The state sales tax holiday will not apply to purchases of taxable services, leases, or rentals of tangible personal property, vehicles, or food for immediate consumption.

Maryland: August 12 – August 18, 2012.  Purchases of clothing and footwear $100 or less.

Missouri: August 3 – August 5, 2012.  Non-business purchases of clothing and footwear $100 or less, non-business purchases of personal computers $3500 or less, non-business purchases of computer software $350 or less, and non-business purchases of school supplies $50 or less.  Local authorities have the option to participate or not participate in the holiday.

New Mexico: August 3 – August 5, 2012.  Purchases of clothing and footwear, and (other) school supplies under $100, computers $1000 or less, computer accessories $500 or less, school supplies under $30, and school supplies – calculators under $200.  Backpacks for hiking and similar activities are taxable.

North Carolina: August 3 – August 5, 2012.  Non-business purchases of clothing and footwear, and school supplies $100 or less, computers $3500 or less, computer supplies $250 or less, school instructional materials $300 or less, and sports and recreational equipment $50 or less.

Oklahoma: August 3 – August 5, 2012.  Purchases of clothing and footwear under $100.

South Carolina: August 3 – August 5, 2012.  Non-business purchases of clothing and footwear, computers, and school supplies.

Tennessee: August 3 – August 5, 2012. Non-business purchases of clothing and footwear, and school supplies $100 or less,  non-business purchases of computers $1500 or less.

Texas: August 17 – August 19, 2012. Purchases of clothing and footwear, non-business purchases of backpacks, and non-business purchases of school supplies under $100.  The sales tax holiday exemption applies to backpacks for use by elementary and secondary students. School supplies and backpacks purchased for all other uses are taxable.

Virginia: August 3 – August 5, 2012. Purchases of clothing and footwear $100 or less, school supplies $20 or less.

Remember to reference your state and local revenue websites for more detailed tax information regarding August and Q3 2012.