NASHVILLE – Tennessee retailers will not collect sales tax on more than 150 different items during the 12th annual sales tax holiday.
From July 28 through July 30, shoppers can save nearly 10 percent on clothing, school supplies and computers, as students prepare for the back-to-school season. State and local taxes will not be collected on clothing, school and art supplies that cost $100 or less per item and computers that cost $1,500 or less.
The Department of Revenue wants to remind people that this weekend of savings is not exclusive to students or Tennesseans. Anyone who wants to shop in Tennessee during the last weekend of July will be eligible to save on sales tax.
“The sales tax holiday for back-to-school items is another way to put more money back in the pockets of Tennesseans. We encourage Tennesseans to take advantage of this tax break as they prepare their children for the upcoming school year,” Gov. Bill Haslam said.
Legislators passed a new law in 2016 moving the sales tax holiday a weekend earlier than it has been in the past. The sales tax holiday is now the last weekend in July, instead of the first weekend in August. This year, the sales tax holiday begins Friday, July 28 at 12:01 a.m. and ends Sunday, July 30 at 11:59 p.m.
“We want to remind Tennesseans about this important opportunity for savings. It’s available to everyone and only happens one weekend a year,” Revenue Commissioner David Gerregano said.
For more information about the sales tax holiday, including a complete list of tax exempt items and frequently asked questions, please visit http://www.tntaxholiday.com.
The Department of Revenue is responsible for administering state tax laws, motor vehicle title and registration laws, and the collection of taxes and fees associated with those laws. The Department collects about 87 percent of total state revenue. During the 2016 fiscal year, it collected $13.5 billion in state taxes and fees and more than $2.6 billion in taxes and fees for local governments. To learn more about the Department, visit http://www.TN.gov/revenue.