Minden Press-Herald

Wednesday
Oct 01st

Sales tax holiday Friday, Saturday

Louisiana's sales tax holiday kicks off at 12:01 a.m. Friday, August 5, and continues through 11:59 p.m. on Saturday, August 6.

According to the Louisaina Department of Revenue, the statute creating the holiday establishes the dates as the first consecutive Friday and Saturday each August.

The Louisiana Sales Tax Holiday provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use.

"The state sales tax is payable on the portion of the purchase price of any individual item in excess of $2,500," according to revenue.louisiana.gov/. "The holiday will apply to the four percent state sales tax, but will not apply to the sales taxes levied by parishes, municipalities, school boards and other political subdivisions of the state.

The exemption will apply statewide to all consumer purchases of tangible personal property, other than vehicles subject to license and title and meals furnished for consumption on the premises where purchased, including to-go orders, provided that the property is not for use in a business, trade, or profession.

In addition to the specific exclusions in the Act for vehicles and meals, the state sales tax holiday will not apply to purchases of taxable services (such as hotel occupancy; amusement, recreational and athletic admissions; repairs to tangible personal property; laundry, cleaning, pressing and dyeing services; vehicle parking; the furnishing of cold storage space; printing services; and telecommunication services) or to leases or rentals of tangible personal property.

 

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