The 2013 Louisiana Sales Tax Holiday begins at 12:01 a.m. Aug. 2 and continues through 11:59 p.m. Aug. 3. The statute creating the holiday establishes the dates as the first consecutive Friday and Saturday each August.
“It's for the state tax only,” Sales Tax Commissioner Ron Carter said. “The local sales tax will still be charged.”
Still, anyone looking to save a little money on school expenses can take advantage of the savings. Although, the holiday is mostly for back to school expenses it does not necessarily have to be school supplies like books or pencils, but can be used for a wide range of products.
The exemption will apply statewide to all consumer purchases of tangible personal property, other than vehicles subject to license and title and meals furnished for consumption on the premises where purchased, including to-go orders, provided that the property is not for use in a business, trade or profession.
In addition to the specific exclusions in the Act for vehicles and meals, the state sales tax holiday will 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.
The holiday provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use. The state sales tax will have to be paid on the portion of the purchase price of any individual item in excess of $2,500.