Posted: Jul 15, 2014 10:19 AM by APNewsNow
Source: Associated Press
BATON ROUGE - Most retail purchases in Louisiana will be exempt from the 4 percent state sales tax on Aug. 1 and Aug. 2.
The 2014 Louisiana Annual Sales Tax Holiday exempts the first $2,500 of the purchase price of each eligible item for non-business use when the customer buys and accepts delivery of eligible property or places property on layaway.
The exemption applies only to the 4 percent state sales tax. Local sales taxes will still apply unless the local taxing authority creates its own exemption.
The exemption does not apply to vehicles, meals prepared for consumption on premises or to-go; and taxable services including hotel occupancy, printing services and admission to athletic or amusement facilities.
Visit www.revenue.louisiana.gov/taxholiday for a full explanation of exemption conditions.