by Teresa Farnsworth June 24, 2022
SOURCE: The Federation of Tax Administrators, updated as of June 14, 2022.
A sales tax holiday in the U.S. is a limited-time period where a state allows purchases of specific items to be made tax-free. States typically offer sales tax holidays in order to encourage consumer spending.
While the holiday benefits consumers, businesses do not collect sales tax from customers on their purchases either.
Sales tax holidays typically fall under one of the following categories:
Teresa Farnsworth is the VP / Account Manager at Zip2Tax. She works closely with her clients to make sure they have just what they need to collect the right amount of sales or use tax in the U.S. and Canada. Questions? Chat with Teresa on the Web site, the Subscriber User Portal, or call her direct line; 866-492-8494.
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