Local shoppers looking for a good deal on clothing, shoes and school supplies will receive a extra discount at the register over the next two days.
Mississippi’s annual sales tax holiday will happen Friday and Saturday at shops across the Magnolia state. During this temporary period, the state’s normal 7 percent sales tax is not collected or paid on the purchase of specific products.
Sales tax is not due if the sale price of a single item is less than $100.
Eligible clothing is any article of apparel designed to be worn on the human body including pants, shirts and blouses, dresses, coats, jackets, belts, hats, undergarments, and multiple piece garments sold as a set. Footwear is any article of apparel for human feet except for skis, swim fins, roller blades, skates and any similar items. Accessories such as jewelry, handbags, luggage, umbrellas, wallets, watches, briefcases and similar items do not qualify for tax free. School Supplies means items that are commonly used by a student in a course of study.
Tennessee’s annual sales tax holiday will also take place this weekend and extend by one day. The period runs from Friday through Sunday.
During this time, consumers may purchase clothing, school supplies and computers and other qualifying electronic devices without paying sales tax. Certain price restrictions apply. For school supplies and clothing, the threshold for qualifying items is $200 or less. For computers and other electronics, the price threshold is $3,000 or less.
Tennessee has a second sales tax holiday weekend focusing on restaurant sales.
This period runs Friday, Aug. 7 through Sunday, Aug. 9 and is limited to the retail sale of food and drink by restaurants.