Tax & Accounting Blog

May 2013 Sales and Use Tax Rate Changes

Indirect Tax, ONESOURCE, Sales and Use Tax May 6, 2013

May is typically a slower month for sales and use tax changes, but there are three sales tax holidays during the month. Among the changes and additions for April 1, 2013 are:

New Levies

South Carolina: Bamberg Co. 1.0%; Lee Co. 1.0%; Marion Co. 1.0%; Richland 1.0%.

Rate Changes

Arizona: Buckeye 1.5% (for item purchases of $2,000.00 and above).

Oklahoma: Broken Bow 2.375%.

South Carolina: Hampton Co. 1.0%.

Sales Tax Holidays

Louisiana: May 25-26, 2013, Louisiana and St. John the Baptist Parish (the only participating local jurisdiction) are having a “Hurricane Preparedness” sales tax holiday. The sales tax holiday applies to purchases of specific items that may be useful in the event of a natural disaster; however, the items will not be eligible for exemption when sold at the following types of businesses: airports, public lodging establishments or hotels, convenience stores, or entertainment complexes. For more information, see the state’s webpage: http://www.revenue.louisiana.gov/sections/Publications/HurricanePrepSalesTaxHoliday.aspx.

Texas: May 25-27, 2013, the state of Texas is having a sales tax holiday on purchases of qualified Energy Star appliances. For more information, see the state’s webpage: http://www.window.state.tx.us/taxinfo/taxpubs/tx96_1331/.

Virginia: May 25-31, 2013, Virginia is having a “Hurricane Preparedness” sales tax holiday. The sales tax holiday applies to purchases of specific items that may be useful in the event of a natural disaster. For more information, see the state’s webpage: http://www.tax.virginia.gov/site.cfm?alias=HurricanePreparednessEquipmentHoliday.