Thursday, July 26, 2012

BACK TO SCHOOL TIME “2012 Sales Tax Holiday” August 3th - August 5th

Well it’s that time of year again… BACK TO SCHOOL TIME… Teachers are gearing up and so are parents.  This year the State of Florida is bring back “2012 Sales Tax Holiday” August 3th - August 5th.
Retailers are displaying supplies and should have the list of items that are Tax Exempt, but just in case … here are some rules to follow.  Books are NOT exempt during the 2012 Sales Tax Holiday, nor are clothing items price at over $75 per item; any school item selling for more than $15 each will not be exempt either.

Simply  put:
 “School supplies” means pens, pencils, erasers, crayons, notebooks, notebook filler paper, legal pads, binders, lunch boxes, construction paper, markers, folders, poster board, composition books, poster paper, scissors, cellophane tape, glue, paste, rulers, computer disks, protractors, compasses, and calculators.
“Clothing” means any article of wearing apparel, including all footwear (except skis, swim fins roller blades, and skates) intended to be worn on or about the human body. However, does not include watches, watchbands, jewelry, umbrellas, handkerchiefs, or sporting equipment.
The exemption does not apply to any item of clothing selling for more than $75, or to any school supply item selling for more than $15.

For more information please check the web site for all the TIPS!!! http://dor.myflorida.com/dor/tips/pdf/tip12a01-02.pdf

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