“Sales tax holiday” can save nearly 10%
Merry sales tax holiday to all! The summer heat is rising as July is in full effect, but the state of Tennessee is looking to take the heat off families buying those back-to-school essentials: Clothing, School supplies and computers, at least for one weekend.
“Tennessee’s commitment to strong fiscal stewardship has allowed our state to cut taxes and put dollars back in the pockets of hardworking Tennesseans,” said Governor Bill Lee. “I encourage every Tennessee family to take advantage of back-to-school savings and thank the General Assembly for partnering to provide direct financial relief for taxpayers.”
On Friday July 26 through Sunday July 28 the state’s annual “sales tax holiday” can save nearly 10% if supplies are priced at $100 or less. Computers are tax-free only if they are $1500 or less.
“With the start of the school year around the corner, we encourage Tennessee families to take advantage of these savings,” Revenue Commissioner David Gerregano said.“This is the only sales tax holiday this year.”
Qualifying items may be purchased online and in stores.
For more information about the sales tax holiday, including a list of qualifying items, visit HERE, call 615-253-0600 or email revenue.support@tn.gov. To learn more about the Department, visit www.tn.gov/revenue.
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