Get a break from sales taxes on Aug. 1-2
7/18/2014, 6 a.m.
Families shopping for back-to-school supplies and clothes will get a break from sales taxes on Aug. 1-2.
During the sales tax holiday, one of two this year, the following items will be exempt:
-- Clothing (including footwear) with a sales price of up to $100 per item.
-- School supplies with a sales price of up to $20.
-- Computers up to $1,000. The exempt items include electronic book readers and laptops, desktops, tablets and data storage devices like DVDs, CDs, flash drives, diskettes and memory cards.
A three-day ENERGY STAR and WaterSense appliance tax-free holiday is set for Oct. 3-5.
Gov. Nathan Deal signed House Bill 958 in April to extend the statewide back-to-school tax-free holiday and ENERGY STAR and WaterSense appliance tax-free holiday weekends for an additional two years. The bill continues the Georgia Jobs and Family Tax Reform Plan originally signed into law in 2012.
Deal said the sales tax holidays will allow families to save money on necessary items for school and on appliances that will help conserve energy resources.
The state estimates that over the two-year time period, the two-day back-to-school holiday will save Georgians up to $143 million, and the energy-efficient household appliance tax holiday will save taxpayers $2.6 million.
The bill also provides a new sales tax exemption for Georgia’s food banks, an initiative that will help sustain the charitable service across the state, saving an estimated $2.5 million over two years. HB 958 extends the tax credit for video-game production companies and provides an extension of the project of regional significance sales tax exemption.
For the full list of covered and exempt items, visit https://etax.dor.ga.gov/salestax/holiday/2014_Sales_Tax_Holiday_Back_to_School.pdf.