Save some money this weekend! In Massachusetts, the 6.25% sales tax is levied as a tax holiday on August 15 to 16, an annual tradition that dates back more than a decade. Buy almost any purchase of tax-free goods if they have a $ 2,500 price tag or less - excluding motor vehicles, motorboats, tobacco, gas and meals. Connecticut also launching off a week tax-free from August 16 to August 22, but it is limited to clothing items of $ 100 or less. (Note -. In previous years it was good for clothing items of $ 300 or less)
In both states, you can buy multiple items, as no single item exceeds the limit. You can also get tax breaks among online retailers.
We encourage you to do some research and local purchases. Retailers generally sweeten the pot by adding their own discounts and sales coordinate with these holiday duty - the offers are very generous! But remember, if you shop in your community or online, be a smart shopper and prudent: identity thieves do not take vacations.
2015 Massachusetts holiday sales tax Weekend - August 15 to 16
You can learn the ins and the 2015 outs Massachusetts holiday sales tax Weekend -end the Ministry Site Revenue. Here's a quick summary:
"The law provides that the sales tax holiday will take place August 15 and 16, 2015 and the days, not commercial sales of individual items of property detail tangible costing $ 2,500 or less are exempt from sales and use tax, subject to certain exclusions the following are not eligible for vacation sales tax exemption and remain subject to tax.: all motor vehicles, motorboats, meals, telecommunications services, gas, steam, electricity, tobacco products and any single item whose price is greater than $ 2,500. "
the display provides a few details on the rules - check if you have questions about the details. Here are some other resources:
Massachusetts sales tax holiday weekend 2015: Your guide to skip the sales tax in the state of
Retailers extended weekend tax free
2015 Connecticut tax free week - August 16 to 22
on Hartford Courant offers a good explainer of how whose feast works and some Q & a: what is tax free, which is not free during the week of CT tax.
"the new state budget, which took effect July 1, gives up 6.35 percent sales tax on most clothing, shoes and priced boots under $ 100 during this period. Since 00, the tax exemption applied to items priced under $ 300 ".
The Current notes that the sales tax is exempted for Connecticut residents who buy online or by phone if purchased in tax-free week , regardless of when the purchases are delivered. Items placed on layaway during the week are also tax free. But out of state residents need to shop in stores in Connecticut for the break.
Here is another resource for more information:
Connecticut Tax Free Week 2015: Your guide to clothing sales annual tax relief of the State
If you are traveling and you miss sales in Massachusetts and Connecticut, residents can shop online. In addition, many states offer tax-free weekends - check to see if they coincide with your travels.
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