Shop tax-free this weekend!

Shop tax-free this weekend!

Many states hold their tax holidays in August to coincide with back-to-school shopping. School supplies costing $15 or less will also be tax-free and technology items like computers and accessories costing $750 will be tax-free as well.

The tax holiday also applies to a number of items for adults, including purses, suits and ties.

Retailers are required by the Oklahoma Tax Commission to participate, and each individual article must be less than $100 to be exempt from state and local sales or use tax.

In Missouri, the tax holiday begins on Friday, August 4th and runs through Sunday, August 6th.

This year, shoppers will save an estimated $87 million in state and local sales taxes during the sales tax holiday.

"The no sales tax weekend is a great opportunity we have in Oklahoma", Adkins said. About a third of shoppers said they would swing buy office supply stores such as OfficeMax or Office Depot to pick up school supplies. The term shall include but not be limited to cloth and other material used to make school uniforms or other school clothing.

Nearby cities that are not participating include Branson and West Plains; the usual city sales tax will be collected in these cities.

Certain clothing and shoe purchases are exempt from sales tax for this time period only.

Stores in the Arnold Retail Corridor will charge a 1 percent tax.

Supporting a ballot question calling for a permanent sales-tax holiday is a reasonable step to give small businesses a boost. Items that are sold under a promotion such as "Buy one, get one free" can not be averaged to get below the limit.

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