What is a Sales Tax Holiday?
July 20, 2010
When is Tennessee’s Sales Tax Holiday?
Sales Tax Holidays begin every year at 12:01am on the first Friday in August and end at 11:59pm the following Sunday. During this time, Tennesseans can enjoy tax-free purchases on certain clothing, school and art supplies and computers.
What’s Tax-Free?
Tax-free items include clothing with a price of $100.00 or less per item, school and school art supplies with a price of $100.00 or less per item and computers with a price of $1,500 or less. These items are exempt from state and local sales tax in Tennessee during the holiday. Local governments are held harmless and are reimbursed lost sales tax revenues by the state.
Who Can Participate?
Any individual can make a tax-free purchase during the holiday. However, items purchased for use by a trade or business are not exempt. [Read more]
