Sales Tax Holiday this Weekend
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A Sales Tax Holiday is a temporary period when sales taxes are not collected or paid on purchases of specific products and/or services.
“This Sales Tax Holiday is targeted tax relief aimed at spurring economic growth and has been introduced every year since 2000 by Senator Walter Michel,” stated Lt. Governor Phil Bryant. “Senator Michel understands as we continue through these tough economic times how important it is to give back to the hardworking Mississippians.”
According to the Sales Tax Holiday passed in the 2009 Legislative Session, sales tax is not due on the sale of articles of clothing or footwear if:
• The sales price of a single item is less than $100, and
• The sale takes place between 12:01 a.m. Friday, and midnight Saturday.
Clothing is defined as any article of apparel designed to be worn on the human body including pants, shirts and blouses, dresses, coats, jackets, belts, hats, undergarments, and multiple piece garments sold as a set.
Footwear is any article of apparel for human feet except for skis, swim fins, roller blades, skates, and any similar items.
Accessories including jewelry, handbags, luggage, umbrellas, wallets, watches, backpacks, briefcases, and similar items do not qualify for the Sales Tax Holiday.
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