Check the dates here for the coming Sales Tax Holiday in Tennessee!
According to a published article from Thunder Radio that in order to help consumers, the Tennessee General Assembly established not one but two tax-free holidays this year.
For the first time, groceries are included in the sales tax holiday in Tennessee for three months beginning on August 1 and ending on October 31, 2023.
Food and food ingredients are also part of the sales tax holiday in Tennessee, including products like liquid, solid, frozen, dried, or dehydrated substances ingested for flavor or nutrition, are exempt from sales tax during this time, with the exception of alcoholic beverages, tobacco, confectionery, and nutritional supplements.
The annual sales tax holiday in Tennessee on apparel, school supplies, and computers, which usually lasts from July 28 to July 30, will be the second tax-free holiday in Tennessee 2023.
Both in-person and online purchases of qualifying goods for personal use are tax-free during this time. It’s a great chance to stock up on necessities and get ready for back-to-school season without having to worry about additional taxes.
Check the tax exemption for clothing, grocery items and even school suppliesÂ
According to an article published by the Knox News that general clothing, such as shirts, pants, socks, shoes, skirts, and more, that costs $100 or less per item is included as well in the sales tax holiday in Tennessee.
Clothing products costing more than $100 or those offered as part of a package, however, are not eligible for the sales tax holiday in Tennessee.
If they cost $100 or less per item, school supplies like binders, backpacks, crayons, paper, and pens are also included in the sales tax holiday in Tennessee. The sale of bundled packages or individual school and art supplies that cost more than $100 will not be exempt from taxes.
During the sales tax holiday in Tennessee, computers and laptops for personal use that cost $1,500 or less are exempt from paying taxes. Storage media, printer ink, home appliances, and separately bought software, however, will not be entitled to tax-free status.