taxes

2009 tax holiday schedule

New Mexico

  • Tax holiday dates: Aug. 7 to Aug. 9
  • General exempt items: Shoppers will find this state even more enchanting this weekend, when clothing, shoes, computers and associated peripherals and school supplies are sales-tax exempt. Eligible clothing must cost less than $100, computers less than $1,000 and peripherals less than $500. School supplies also are tax-exempt as long as they cost no more than $15 and are items that "students normally use in a standard classroom for educational purposes." Among the items specified are notebooks, paper, writing instruments and crayons.
  • Notable exceptions: The tax holiday law specifically excludes watches, radios, compact disc players, headphones, sporting equipment, portable desktop telephones, copiers, office equipment, furniture or fixtures. These items, say lawmakers, are not considered to be school supplies that students normally use in a standard classroom.

More information is available in New Mexico's sales-tax guidelines and its list of taxable and nontaxable items.

North Carolina

  • Tax holiday dates: Aug. 7 to Aug. 9
  • General exempt items: North Carolina's state tax will not be collected on clothing, footwear and students' school supplies costing $100 or less per item; school instructional materials of $300 or less per item; sports and recreation equipment priced at $50 or less per item; computers of $3,500 or less per item; and computer supplies of $250 or less. The Tar Heel State will hold a second sales-tax holiday Nov. 6 to Nov. 8 for Energy Star qualified products.
  • Notable exceptions: Some people view sewing or knitting as recreational. The hobby usually produces clothing. But the state specifically says that fabric, thread, yarn and "other such items purchased to make clothing" remain taxable this weekend.

More information is available on North Carolina's sales-tax holiday Web page.

Oklahoma

  • Tax holiday dates: Aug. 7 to Aug. 9
  • General exempt items: The Sooner State's tax will not be collected on clothing and footwear costing $100 or less per item. Retailers are required to participate. In addition to the state sales tax, eligible items also are free of local taxes this weekend.
  • Notable exceptions: The total price of items in a buy one, get one free promotion cannot be averaged to qualify both items as tax free. The exemption depends on the actual price paid for each item.
More information is available on Oklahoma's sales-tax holiday Web page.

 

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