Tax Free Holiday in Texas

Tax Free Holiday in TexasYesterday the Texas Tax Free Weekend 2010: A Back to School Offer for Students has started.

The Texas Tax Free Weekend is the much awaited holiday of 2010. It set to happen this August 20-22, 2010. These are the days where all the Texas shoppers can get a big break from states and local sales taxes duly scheduled this weekend in celebration of the Texas’ annual tax holiday.

The zero tax weekends will begin at 12:01am on third Friday in August and ends at midnight, 12:00am of the following Sunday, according to the Texas Comptroller of Public Accounts.

In the previous years during this holiday the law exempts most of clothing, footwear and other goods priced under $100 from sales used taxes. As a result of this all consumers can save a total $8 on every $100 they spend during this weekend.

Elementary and secondary students should be excited as well because the expected products, that will be in demand for them, including backpacks and other school items, under $100 will be also exempted.

Unfortunately, the exemption does not include items that are reasonably defined as luggage, briefcases, gym and computer bags along with purses and framed backpacks.

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