Shop ’til you drop, Iowa’s sales tax holiday starts tomorrow
August 4th, 2016 by Ric Hanson
The annual state sales tax holiday is this Friday and Saturday across the state. Iowa Department of Revenue spokesperson, Victoria Daniels, says there are limits on the tax exemption. “It applies to select clothing and footwear. And one big thing to remember is that the item has to be less than 100 dollars — not 100 dollars — it has to be less than 100 dollars in order to qualify for the exemption.”
Accessories do not qualify for the sales tax exemption. According to Daniels, “Things like jewelry, and the other thing is if it is something you wouldn’t wear normally in everyday life, then it doesn’t qualify. For example, athletic cleats, things like that that you wouldn’t just wear to school or work.”
There are some items that people often mistakenly think are included. Daniels says “Bookbags and backpacks — you know people think of it as back to school — but it really only includes clothing and footwear.” The event is often billed as the Sales Tax Weekend, but Daniels says it doesn’t last all weekend. “By law it occurs on the first Friday and Saturday of August. People sometimes think ‘oh it’s the weekend’, but Sunday is not applicable.”
Many stores offer discounts to go along with the sales tax holiday. The complete listing of the items can be found at www.tax.iowa.gov. The tax holiday begins at 12:01 a-m Friday and runs through 11:59 p-m Saturday.
(Radio Iowa)