Monday, July 26, 2010

2010 Louisiana Annual Sales Tax Holiday-August 6 & 7

The 2010 Louisiana Annual Sales Tax Holiday takes place Friday, August 6, and Saturday, August 7. On these two days, most retail purchases are exempt from the four-percent state sales tax.

The sales tax exemption applies to the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use.

The exemption applies only to the four-percent state sales tax. It does not apply to sales taxes collected by parishes, towns, school boards, and other taxing authorities. All retailers are required to participate by offering the tax exemption at the time of sale.

For more information about the 2010 Louisiana Annual Sales Tax Holiday, visit www.revenue.louisiana.gov/taxholiday.

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