By 1808Delaware
A limited window opens tomorrow for shoppers to grab specific items without sales tax. Ohio’s sales tax holiday, a significant event for families and individuals planning to shop for school supplies and clothing, is set to kick off on Friday, August 4th, and will end on Sunday, August 6th. Here’s everything you need to know about this event.
Key Dates and Times
The tax holiday will begin promptly at 12:00 a.m. on Friday, August 4 and will end at 11:59 p.m. on Sunday, August 6. It’s a weekend window, allowing shoppers to plan their shopping spree accordingly.
What’s Exempt from Sales Tax?
During this holiday, specific items will be exempt from sales and use tax, including:
- Clothing: Any item priced at $75 or less.
- School Supplies: Any item priced at $20 or less.
- School Instructional Material: Any item priced at $20 or less.
Items used in trade or business are not exempt under the sales tax holiday.
Online Shopping and Mail Orders
The sales tax exemption is not confined to physical stores. Qualified items sold to consumers by mail, telephone, e-mail, or Internet will also qualify for the sales tax exemption under certain conditions:
- The consumer must order and pay for the item, and the retailer must accept the order during the exemption period for immediate shipment, even if the delivery is made after the exemption period.
- If the order and payment were made before the sales tax holiday, even if the item was delivered during the sales tax holiday, it would not qualify for the exemption.
- If an item is backordered and payment does not occur until a later shipment, the item would not qualify for the exemption.
Compliance with the Law
The sales tax holiday is a legal provision, and vendors must comply. Failure to adhere to these rules may lead to penalties.
A Chance to Save
Ohio’s sales tax holiday presents an opportune moment for families and students to grab necessary supplies for the upcoming school year without the burden of sales tax. Shoppers should be mindful of the dates and the specific criteria for items to qualify for exemption. Happy shopping, Ohio!
For more details, including several specific transactions about which you may have questions, visit this page on the Ohio Department of Taxation website.
Image by Stefan Schweihofer from Pixabay