Shoppers save money during annual Iowa Sales Tax Holiday
Parents hoping to save a little money on their children’s back to school wardrobe may want to take advantage of the 11th annual Iowa Sales Tax Holiday Friday and Saturday.
During the sales tax holiday from 12:01 a.m. Friday through midnight Saturday — the holiday does not include Sunday — no sales tax, including school and local option sales taxes, will be collected on sales of clothing or footwear having a selling price less than $100.
“Clothing” means any article of wearing apparel and typical footwear considered appropriate for everyday wear, such as shirts, pants, dresses, school and work uniforms, hats, socks, underclothes, sandals and more. Coats, bathing suits, diapers, leotards and tights and costumes also are tax exempt during the sales tax holiday.
“Clothing” does not include watches, jewelry, umbrellas, handkerchiefs, sporting equipment or any special clothing or footwear designed primarily for athletic activity or protective use and not usually considered appropriate for everyday wear. Backpacks, school supplies, fabric and computers also are not exempt during the tax holiday.
According to the Iowa Department of Revenue, businesses open Friday and Saturday are required to participate in the sales tax holiday.
In addition to the sales tax holiday, patrons of local stores could rack up the savings with clearance or reduce-priced merchandise.
“I hope people use [the sales tax holiday] as an opportunity to shop local first,” said Brown’s Shoe Fit Co. Manager Mark Nebel.
For the complete article and photo, see the Tuesday, Aug. 3, 2010, printed edition of The Fairfield Ledger.