Sales tax holidays primed for ad packages
posted on 3.20.2017- Three holidays looming
Texas lawmakers over the past several years have enacted a number of sales tax holidays that are perfect for station ad packages that bring retailers business and shoppers significant savings. The first is just around the corner and speaks to one of broadcasters’ key roles in serving communities – emergency preparedness.
Shoppers can purchase emergency preparation supplies tax free the weekend of April 22-24. The law limits the sales tax break to certain supplies and various price thresholds.
Emergency Preparedness Supplies Sales Tax Holiday
Two other sales tax holidays are slated for Memorial Day weekend May 27-29. These events cover certain water-efficient and energy-efficient products. Eligible products vary, so be sure you and your advertisers understand the rules.
Water-Efficient Products Sales Tax Holiday
A fourth sales tax holiday is slated for Aug. 11-13, just in time for back-to-school season. The law exempts most clothing, footwear, school supplies and backpacks priced less than $100 from sales taxes. Again, be sure you and your advertisers understand the fine print.
Sales Tax Holiday/Tax-Free Weekend
Questions? Contact TAB’s Oscar Rodriguez or call (512) 322-9944.
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