Mid -TN Today: Tennessee's 5th Annual Sales Tax Holiday
The fifth annual Sales Tax Holiday is scheduled for Friday, August 6 and continuing through Sunday, August 8.The Department of Revenue is reminding Tennessee shoppers that during these three days of savings, you can save almost 10 percent on tax-free clothing, school and art supplies and computer purchases.
“The annual Sales Tax Holiday was designed with Tennessee families in mind,” said Governor Phil Bredesen. “The holiday provides much needed savings for all Tennessee shoppers and prepares children for success by making sure they start the first day of school properly equipped with items they need.”
The holiday begins Friday, August 6 at 12:01 a.m. and ends Sunday, August 8 at 11:59 p.m. During the designated three-day weekend, consumers will not pay state or local sales tax on select clothing with a price of $100 or less per item, school and art supplies with a price of $100 or less per item, and computers with a price of $1,500 or less.
“Last year’s tax-free weekend was extremely successful in giving back to Tennesseans, providing nearly $8 million in tax savings to Tennessee families,” said Revenue Commissioner Reagan Farr. “We are hopeful that all Tennessee shoppers will enjoy the immediate relief of the 2010 Sales Tax Holiday.”
Please visit the Sales Tax Holiday Web site at tntaxholiday.com