Tax & Accounting Blog

Georgia Retailers Hold their Own Sales Tax Holidays

Indirect Tax, VAT-GST Management July 28, 2010

In an earlier post, I discussed the state of Georgia’s decision to not host a sales tax holiday in August 2010. In light of this, some retailers have come up with their own solution.

Albany’s JC Penney is hosting a tax relief sale in which all items will be marked down to what they would have cost the consumer, had the sales tax holiday occurred. They hope they will still see the increase in sales that occurs when the sales tax holiday does occur.

The JC Penney sale runs from 29 July 2010 to 1 August 2010.