2009 Louisiana Sales Tax Holiday happening NOW at a retailer near you

Louisiana sales tax holiday underway this morning

Posted by kquillen August 07, 2009 05:25AM

Louisiana‘s annual sales tax holiday got underway this morning.

The two-day holiday exempts most retail purchases from the 4 percent state sales tax. Vehicles and meals are excluded.

The sales tax exemption applies only to the first $2,500 of each eligible item purchased. If an item costs more than $2,500, the consumer pays the state sales
tax only on the amount over $2,500. Local taxes will still be applied.

The holiday runs through midnight on Saturday

August 7, 2009

State’s sales tax-free period expected to spur buying

By Jeff Matthews

Four percent doesn’t sound like a lot, but it has meant a lot to Louisiana retailers and customers on the first weekend of August.

Since it was created two years ago by the Louisiana Legislature, the “sales tax holiday” on the first Friday and Saturday of August has grown into a major shopping event.

“Since they’ve been doing it, we’ve seen the difference,” said John Taylor, marketing manager at the Alexandria Mall. “It’s a significant increase of people out here shopping.”

“As far as getting the customers to come out, it’s a good thing,” said Elton Pody, president of the Central Louisiana Chamber of Commerce. “And it’s a really good thing for consumers. It’s really a time for consumers to have an advantage.”

The sales tax holiday started today at 12:01 a.m. and ends Saturday at midnight. During that time, purchases are not subject to the four percent state sales tax, though they are still subject to local sales taxes.

The limit for eligible purchases is $2,500. On larger purchases, the dollar amount over $2,500 is taxable. The only items that are not exempt from the state tax are vehicles that require a license to operate and prepared food.

The tax holiday was created to help with costs of school supplies and other back to school purchases, and such purchases are again expected to be hot sellers this weekend.

“We’re definitely expecting back to school shopping to be in full swing,” Taylor said. “We’re expecting it to be pretty busy.”

 August 7, 2009

La. sales tax holiday under way through midnight Saturday

From Staff Reports

Louisiana’s state sales tax holiday started at 12:01 a.m. today and continues until midnight Saturday.

The holiday exempts shoppers from the 4 percent state sales tax on the first $2,500 of the purchase price of most items.

The exemption applies 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, according to the state Louisiana Revenue Department.

The exemption does not apply to purchases of taxable services like hotel rooms, athletic events and laundry and leases or rentals of tangible personal property.

 August 7, 2009

Friday, Saturday are Sales Tax Holidays

Staff report

The annual 2009 Louisiana Sales Tax Holiday is from 12:01 a.m. Friday to midnight Saturday. On these two days, most retail purchases will be exempt from the 4 percent state sales tax.

By state law, the holiday takes place each year on the first consecutive Friday and Saturday in August.

The sales tax exemption applies to the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use. State sales tax is to be paid on that portion of the price — of any individual item — in excess of $2,500.

The exemption applies only to the 4 percent state sales tax. It does not apply to sales taxes collected by parishes, towns, school boards and other local taxing authorities. All retailers are required to participate by offering the tax exemption at the time of sale.

Sellers may take advantage of a special provision from the Louisiana Department of Revenue, which offers a $25 credit to offset the cost of reprogramming their cash registers. Information about the credit is available in Revenue Information Bulletin No. 03-009.