NASHVILLE-The 2010 Sales Tax Holiday begins this Friday,
and provides three full days of tax breaks on clothing, school and art
supplies, and computer purchases.
Visitwww.tntaxholiday.com or our new dedicated facebook
page at http://www.facebook.com/TNTaxHoliday for detailed information on the
holiday.
The holiday begins Friday, Aug. 6 at 12:01 a.m. and ends
Sunday, Aug. 8 at 11:59 p.m. During the designated three-day weekend, consumers
will not pay state or local sales tax on select clothing with a price of $100
or less per item, school and art supplies with a price of $100 or less per
item, and computers with a price of $1,500 or less.
"Our Sales Tax Holiday not only helps families save
on their back-to-school shopping but is a benefit for all Tennesseans, who are
encouraged to take advantage of the timely savings," said Revenue
Commissioner Reagan Farr.
An audio news release recorded by Commissioner Farr about
the holiday is available at the Sales Tax Holiday Web site,
www.tntaxholiday.com.
Please visit www.tntaxholiday.com to learn more about the
items exempt from sales tax. The Tennessee Department of Revenue also assists
consumers via e-mail, Salestax.Holiday@TN.gov, and through its toll-free
statewide telephone hot line, (800) 342-1003. Staff is available to answer
questions Monday through Friday 7 a.m. to 5 p.m. Central Time. (Out-of-state
and Nashville-area callers, please dial (615) 253-0600.)
Examples of exempt items include:
• Clothing: Shirts, dresses, pants, coats, gloves and
mittens, hats and caps, hosiery, neckties, belts, sneakers, shoes, uniforms
whether athletic or non-athletic and scarves
• School Supplies: Binders, book bags, calculators, tape,
chalk, crayons, erasers, folders, glue, pens, pencils, lunch boxes, notebooks,
paper, rulers and scissors
• Art Supplies: Clay and glazes; acrylic, tempera and oil
paints; paintbrushes for artwork; sketch and drawing pads; and watercolors
• Computers: Central processing unit (CPU), along with
various other components including monitor, keyboard, mouse, cables to connect
components and preloaded software (Note: While the CPU may be purchased
separately, other items must be part of a bundled computer package in order to
be eligible.) iPad's are eligible for tax exemption, video games and consoles
are not.
The Department of Revenue is responsible for the
administration of state tax laws and motor vehicle title and registration laws
established by the legislature and the collection of taxes and fees associated
with those laws. The Department of Revenue collects approximately 91 percent of
total state tax revenue. During the 2009-2010 fiscal year, the department
collected $10.1 billion in state taxes and fees. In addition to collecting
state taxes, $1.9 billion of combined local sales tax, local mineral severance
tax, and local business related taxes and fees was collected by the department
for local governments during the 2009-2010 fiscal year.
Besides collecting taxes, the department enforces the
revenue laws fairly and impartially in an effort to encourage voluntary
taxpayer compliance. The department also apportions revenue collections for
distribution to the various state funds and local units of government. To learn
more about the department, log on to www.TN.gov/revenue.