Tennessee’s Annual Sales Tax Holiday Returns July 26th-28th: Save Big on Back-to-School Essentials
Overview
Mark your calendars, Tennesseans! The State of Tennessee’s eagerly awaited annual sales tax holiday weekend is all set to kick off soon. Starting Friday, July 26th, and running through Sunday, July 28th, 2024, the annual tax-free weekend offers an excellent opportunity to stock up on back-to-school essentials.
Major Highlights
Shoppers can anticipate a tax exemption almost equivalent to a 10 percent discount on qualifying clothing, school supplies, and computers during this holiday. Adhering to the specifics, clothing and school supplies priced at $100.00 or less and computers priced at $1500 or less will be tax-free. This exemption applies to both online and in-store purchases of qualified items.
Comments from State Authorities
“Tennessee’s commitment to robust fiscal management allows us to trim taxes and returns dollars to the pockets of diligent Tennesseans,” Tennessee’s Governor Bill Lee voiced. He urged every Tennessee family to leverage back-to-school savings and expressed gratitude to the General Assembly for providing direct financial relief for taxpayers.
Displaying equal enthusiasm, Revenue Commissioner David Gerregano said, “As we are nearing the commencement of a new school year, we urge Tennessee families to reap the benefits of these savings. This is the only sales tax holiday this year.”
More Information
For a comprehensive understanding of the sales tax holiday, including a list of qualifying items, interested individuals can visit the dedicated portal www.tntaxholiday.com. For any queries, one can reach out through call at 615.253.0600 or email at revenue.support@tn.gov.
About Tennessee Department of Revenue
The Tennessee Department of Revenue shoulders the responsibility of administering state tax laws and motor vehicle title and registration laws. It also collects taxes and fees associated with these laws. With its unwavering commitment, the Department managed to gather nearly $22 billion in state taxes and fees, and over $4.7 billion in taxes and fees for local governments during the 2023 fiscal year.
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Bill Lee, David Gerregano, Nashville, sales tax holiday, School supplies, Tennessee, Tennessee Department of Revenue, Tennessee Governor, Tennessee Sales Tax Holiday
