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Monday, September 21, 2020
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Banking Stores, shoppers prepare for annual Texas sales tax holiday

Stores, shoppers prepare for annual Texas sales tax holiday

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AUSTIN, Texas (AP) — The Texas annual sales tax holiday has been set for Aug. 7-9 as children prepare to return to school.

The Texas comptroller’s office says, as in previous years, the law exempts most clothing, footwear, school supplies and backpacks priced under $100 from sales and use taxes. That could save anyone shopping in Texas about $8 on every $100 spent during the tax-break weekend.

Sales tax must still be paid on some certain items, such as luggage, purses, wallets and watches.

The Texas tax break weekend has been an annual event since 1999. It’s open to anyone buying qualifying products at a store in the state or from an Internet or catalog seller engaged in business in Texas.

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