Maryland will offer a Tax-Free Holiday just in time for Back to School this Summer. From 12:01 a.m. on Sunday August 10th through midnight on Saturday August 16th, Maryland will forgo the 6% State Sales Tax on clothing and footwear. The exemption does not extend to Accessory items.
Though this was originally conceived to help with back-to-school costs, it is available to anyone. You do not have to be a parent or buy items for school children to take advantage of the tax relief. Anyone can shop for any qualifying clothing and footwear item ($100 or less) which will be exempt from the state's six percent sales tax.
Your tax-free purchase total receipt amount has no limit other than the $100 or less per item price. Additionally, the first $40 of any backpack/bookbag purchase will also be tax-free. Any item over $100 is fully taxable.
For the purposes of the tax exemption "Clothing or footwear" means an article of apparel designed to be worn on or about the human body. The excluded "Accessory items" include but are not limited to jewelry, watches, watchbands, handbags, handkerchiefs, umbrellas, scarves, ties, headbands, and belt buckles.
There are a lot of rules detailing the interpretation of that $100 or less price tag on the allowable tax-free items so be sure to read the entire flyer supplied by the Maryland Comptroller's Office.
Start planning your shopping now to take advantage of the 6% tax reduction and remember to shop locally!
Though this was originally conceived to help with back-to-school costs, it is available to anyone. You do not have to be a parent or buy items for school children to take advantage of the tax relief. Anyone can shop for any qualifying clothing and footwear item ($100 or less) which will be exempt from the state's six percent sales tax.
Your tax-free purchase total receipt amount has no limit other than the $100 or less per item price. Additionally, the first $40 of any backpack/bookbag purchase will also be tax-free. Any item over $100 is fully taxable.
For the purposes of the tax exemption "Clothing or footwear" means an article of apparel designed to be worn on or about the human body. The excluded "Accessory items" include but are not limited to jewelry, watches, watchbands, handbags, handkerchiefs, umbrellas, scarves, ties, headbands, and belt buckles.
There are a lot of rules detailing the interpretation of that $100 or less price tag on the allowable tax-free items so be sure to read the entire flyer supplied by the Maryland Comptroller's Office.
Start planning your shopping now to take advantage of the 6% tax reduction and remember to shop locally!