Tax-free back-to-school shopping set for this weekend. The waiver of sales tax begins on Saturday at 12:01 a.m. and lasts through Sunday at midnight and applies to brick-and-mortar stores and online retailers. Retailers expect an upswing in customers to take advantage of saving nearly 10 percent on taxes alone. Arkansas state and local sales tax will not be collected on clothing and footwear with a sales price of less than $100 per item, clothing accessories and equipment less than $50 per item, school supplies, school art supplies and school instructional materials. Online sales made from Arkansas are included in the tax holiday, according to Tom Atchley, excise tax administrator for the Arkansas Department of Finance and Administration. Some unexpected eligible items for exemption during the tax holiday in Arkansas include diapers, girdles, wedding apparel, umbrellas, sunglasses, bath salts, lip gloss and hair wax. A full list of eligible items is available at the Arkansas Department of Finance and Administration website under the Sales & Use Tax section.
Posted on: Thu, 31 Jul 2014 13:00:01 +0000
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