State sales tax holiday Aug 1-2

Staff Report

Most consumer purchases for tangible personal property will be exempt from state sales tax during a two-day sales tax holiday Aug. 1 and 2, according to a release from the Louisiana Department of Revenue.

The holiday begins at 12:01 a.m. Friday, Aug. 1, and concludes at midnight Saturday, Aug. 2.

During the holiday, the first $2,500 of the purchase price of most tangible property items for non-business use will be exempt from the four-percent statewide sales tax.

The exemption applies to all consumer purchases of tangible personal property, other than motor vehicles and meals sold for consumption on the premises, including to-go orders. Exempt purchases may be made by residents and nonresidents, and all Louisiana dealers are required to participate in the sales tax holiday and allow the state sales tax exemption on eligible sales made during the holiday period.

The exemption does not apply to purchases made for use in a business, trade, or profession.

In addition to the specific exclusions for motor vehicles and meals, the state sales tax holiday does 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.

To qualify for the sales tax exemption, the purchase must meet one of the following criteria:

• The customer buys and accepts delivery of eligible property during the holiday period;

• The customer places property on layaway during the holiday period;

• The customer purchases property that was previously placed on layaway during the holiday period; or

• The customer places an order for immediate delivery during the holiday period, even if delivery is delayed until after the holiday period, provided that the customer has not requested delayed shipment.

The sales tax holiday does not apply to local sales taxes.