The Fine Print
The Texas Comptroller has published “Important information you should know about this tax-saving event.” Exempt items include:
- Clothing and footwear costing less than $100. “The exemption does not apply to sales of special clothing or footwear that the manufacturer primarily designed for athletic activity or protective use….”
- Backpacks costing less than $100. The exemption does not apply to “items that are reasonably defined as luggage, briefcases, athletic/duffle/gym bags, computer bags, purses or framed backpacks.”
- Most school supplies costing less than $100. These include, but are not limited to: binders, calculators, glue, index cards, lunch boxes, paper, scissors, and writing tablets.
Read more fine print here.
Sales tax exemptions are a part of business. How do you manage your sales tax exemption certificates?