Tennessee Sales Tax Holiday August 7 – August 9
Kingsport – The State of Tennessee holds a Sales Tax Holiday every year on the
first Friday in August which ends the following Sunday night. This
year’s tax-free holiday weekend begins at 12:01am on Friday, August 7th
and lasts until Sunday, August 9th at 11:59pm.
During this period, anyone may make a purchase tax-free on clothing
under $100, specific back to school items under $100 and computer
purchases under $1500. The tax-exemption is geared to help families of
students returning to school during the fall. The Sales Tax Holiday is
a great opportunity to save money on clothes, school supplies and
computers. For parents, this weekend can mean a great deal of savings
for the new school year.
All clothes that are under $100 will be tax free. School supplies
are tax exempt as long as they are under $100. Computers priced under
$1500 are also part of the tax exemption. Laptop computers, if priced
at $1,500 or less, also qualify. However, this applies only to
computers and computer packages. It doesnt apply to parts, software
or computer accessories. Additionally, there is no requirement that
purchases be made only for students. If an item is tax exempt, anyone
may make the purchase tax-free.
Exempt clothing is defined as human wearing apparel for general use.
It does not include accessories such as jewelry or bags or sports and
recreational equipment like baseball gloves.
School supplies are defined as items used by a student in a course of
study. Specifically excluded are items such as instructional material,
including reference books and school computer supplies (compact discs,
printers, and printer ink).
For purposes of this exemption, a computer is defined as a central
processing unit (CPU), along with various other components including
monitor, keyboard, mouse, cables to connect components, and preloaded
software. While the CPU may be purchased separately, other items must
be part of a bundled computer package in order to be eligible. Software
beyond what is preloaded with the computer package is not exempt from
tax.
For more information on the Tennessee Sales Tax Holiday click here.
