With the start of the school year less than a month away, parents will be busy shopping for supplies. Some, however, are holding out in order to save big during the statewide back to school sales tax holiday.
Beginning at 12:01 a.m. on Saturday August 1, 2020, and ending at 11:59 p.m. on Sunday August 2, 2020, the State of Arkansas will hold its sales tax holiday allowing shoppers the opportunity to purchase certain school supplies, art supplies, instructional materials, and clothing free of state and local sales or use tax.
Clothing and footwear less than $100 per item, clothing accessories and equipment less than $50, school supplies, school art supplies, and school instructional materials are all included in the exemption. Items such as computers and software, however, do not qualify.
All retailers are required to participate and may not charge tax on items that are legally tax-exempt during the Sales Tax Holiday.
For a complete list of tax exempt items visit the Department of Finance and Administration’s website.