Update, 7.17.13: Florida Emergency Rule 12AER13-03 announces the upcoming sales tax holiday. The purpose of the emergency rule is to ensure expedient public notification of the sales tax holiday, so that residents may take advantage of it.
The Florida Department of Revenue has not yet announced the upcoming August sales tax holiday, but it will undoubtedly do so as the date approaches.
The exemptions under SB 406 (section 42) are limited to certain clothing, school supplies, and personal computers. Specifically, the following items are exempt provided they have a sales price of $75 or less:
- Backpacks (and fanny packs);
- Bags (and handbags, diaper bags);
- Clothing; and
Exempt school supplies include the following items, provided they have a sales price of $15 or less per item:
- Binders, composition books, folders, legal pads, notebooks, notebook filler paper;
- Calculators, compasses, protractors;
- Cellophane tape, glue or paste, rulers, scissors;
- Construction paper, poster boards, poster paper;
- Computer disks; and
- Crayons, erasers, pencils, pens, markers.
Exempt personal computers (with a sales price of $750 or less per item) include:
- Electronic book readers;
- Personal computer, purchased for noncommercial home use or personal use; and
- Tablets and handheld devices.
Exempt accessories (with a sales price of $750 or less per item) include:
- Furniture or systems;
- Monitors; and
- Peripherals designed primarily for recreational use.
The following items are not exempt during the 2013 August sales tax holiday:
- Cellular telephones;
- Devices not primarily designed to process data;
- Digital medial receivers;
- Roller blades or skates;
- Suitcases (and garment bags);
- Swim fins;
- Watchbands; and
- Video game consoles.
Bear this caveat in mind: should any of the exempted items listed above be sold at a theme park, entertainment center, airport or public lodging establishment, sales tax is due. The sales tax exemption does not apply.
So much for shopping at Disney World.
How does your business handle sales tax changes?