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Wednesday, June 20, 2007

SCHOOL SUPPLY SALES TAX HOLIDAY RENEWED [FLORIDA]

Floridians enjoyed a sales tax exemption on hurricane supplies earlier this month. The Florida has renewed another favorite holiday, this time for school supplies. The exemption will save a few dollars for students, their parents, and people who like to buy school supply items.

The holiday will run from August 4, 2007 through August 13, 2007. Sales tax will not be collected on the sale of books, 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 $50 or less per item. The sale of school supplies having a sales price of $10 or less per item is also tax exempt during this period. the exemption will not apply to sales within: (1) a theme park or entertainment complex; (2) a public lodging establishment, such as a hotel or motel; or (3) an airport.
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