No sales tax shall be collected on the sale of clothing, wallets,
or bags, including handbags, backpacks, fanny packs, and diaper bags, but
excluding briefcases, suitcases, and other garment bags, having a sales price
of $75 or less, or on sales of certain school supplies having a sales price of
$15 or less.
The items exempt from sales tax
during the Sales Tax Holiday period are identical to those items exempted the
prior two years. Clothing and footwear items, meant to be worn next to the body
and cost less than $100 per item, are exempt from sales tax during this period.
To qualify for the deduction,
clothing or shoes must be priced at less than $100 per unit. The price limit
for desktop, laptop or notebook computers is $1,000, and for related computer
hardware it is $500.
Beginning on April 1, 2011,
through March 31, 2012, theState of New Yorkwill
not collect sales tax on clothing and footwear that costs less than $55 per
item. Shoppers will automatically save 4% in state sales tax, as well as ⅜% in MCTD tax. Shoppers who live inNew York Citycan save even more because the
City of New York does not charge sales tax on clothing and shoes that cost less
than $110 per item – a sales tax exemption that saves New York City residents
an additional 4.5%.
Clothing, footwear, and school
supplies of $100 or less per item; school instructional materials of $300 or
less per item; sports and recreation equipment of $50 or less per item,
computers of $3,500 or less per item; and computer supplies of $250 or less per
item will be exempt.
During this time, the 6% state
sales and use tax, and any applicable local sales and use tax, will not be
imposed on clothing, clothing accessories (e.g., hats, scarves, hosiery, and
handbags), footwear, school supplies (e.g., pens, pencils, paper, binders,
notebooks, books, bookbags, lunchboxes, and calculators), computers, printers
and printer supplies, computer software, and bath wash clothes, blankets, bed
spreads, bed linens, sheet sets, comforter sets, bath towels, shower curtains,
bath rugs and mats, pillows, and pillow cases.
As in previous years, the law
exempts most clothing and footwear priced under $100 from sales and use taxes,
which could save shoppers about $8 on every $100 they spend. Backpacks under
$100 and used by elementary and secondary students are also exempt.
During this three-day period,
purchases of certain school supplies, clothing and footwear will be exempt from
the Virginia sales tax. Each eligible school supply item must be priced at $20
or less, and each eligible article of clothing and footwear must be priced at
$100 or less.