Back to school shoppers, rejoice! This weekend marks the annual sales tax holiday for back-to-school shopping in Missouri.
Certain items will be available between Friday and Sunday with tax-exempt status.
For more information, visit http://dor.mo.gov/business/sales/taxholiday/school/.
Press Release from the Pettis County Commission
July 29, 2013
In an effort to make purchasing back to school supplies more affordable for parents and to encourage additional retail sales, the Pettis County Commission will continue its participation in the Back-To-School Sales Tax Holiday. The county sales tax of 1% plus the state sales tax of 4.225% will save consumers 5.225% on qualified purchases this weekend.
By state law, the sales tax holiday begins on the first Friday in August and continues through the following Sunday. In 2013, the three-day holiday begins at 12:01 a.m. on Friday, Aug. 2, and runs through Sunday, Aug. 4. Certain back-to-school purchases, such as clothing, school supplies, computers, and other items as defined by the statute, are exempt from sales tax for this time period only.
The County Commissioners have estimated that the reduced sales tax revenues from school supplies will be offset by increased sales from other items when folks travel to Pettis County to shop.
The sales tax holiday applies to state and local sales taxes when a local jurisdiction chooses to participate in the holiday. However, local jurisdictions can choose to not participate in the holiday if they enact an ordinance to not participate and notify the department 45 days prior to the sales tax holiday. If the jurisdiction had previously enacted an ordinance to not participate in the holiday and later decided to participate, it must enact a new ordinance to participate and notify the department 45 days prior to the sales tax holiday.
If one or all of your local taxing jurisdictions are not participating in the sales tax holiday, the state’s portion of the tax rate (4.225%) will remain exempt for the sale of qualifying sales tax holiday items.
The sales tax exemption is limited to:
Clothing – any article having a taxable value of $100 or less
School supplies – not to exceed $50 per purchase
Computer software – taxable value of $350 or less
Personal computers – not to exceed $3,500
Computer peripheral devices – not to exceed $3,500
Section 144.049, RSMo, defines items exempt during the sales tax holiday as:
“Clothing” – any article of wearing apparel, including footwear, intended to be worn on or about the human body. The term shall include but not be limited to cloth and other material used to make school uniforms or other school clothing. Items normally sold in pairs shall not be separated to qualify for the exemption. The term shall not include watches, watchbands, jewelry, handbags, handkerchiefs, umbrellas, scarves, ties, headbands, or belt buckles.
“School supplies” – any item normally used by students in a standard classroom for educational purposes, including but not limited to, textbooks, notebooks, paper, writing instruments, crayons, art supplies, rulers, book bags, backpacks, handheld calculators, chalk, maps, and globes. The term shall not include watches, radios, CD players, headphones, sporting equipment, portable or desktop telephones, copiers or other office equipment, furniture, or fixtures. School supplies shall also include computer software having a taxable value of three hundred fifty dollars or less.
“Personal computers” – a laptop, desktop, or tower computer system which consists of a central processing unit, random access memory, a storage drive, a display monitor, and a keyboard and devices designed for use in conjunction with a personal computer, such as a disk drive, memory module, compact disk drive, daughterboard, digitalizer, microphone, modem, motherboard, mouse, multimedia speaker, printer, scanner, single-user hardware, single-user operating system, soundcard, or video card.