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Business Texas sales tax holiday set for early August

Texas sales tax holiday set for early August

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Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

AUSTIN, Texas (AP) — The Texas annual sales tax holiday has been set for Aug. 8-10 as families prepare to send children back to school.

Comptroller Susan Combs says shoppers can save money on certain items priced under $100 during the tax-free holiday weekend.

The state law exempts most clothing, footwear, school supplies and backpacks priced under $100 from sales tax. That adds up to about $8 on every $100 spent during the tax-break weekend.

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

Combs estimates shoppers will save nearly $83 million in state and local sales taxes during the Texas tax break weekend that’s been an annual event since 1999.

 

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