Calendar / Event

01 Aug 2014

Annual Louisiana Sales Tax Holiday--Almost 10% Off in Some Cases

By law, the first Friday and Saturday in August has been declared as a sales tax holiday for the State of Louisiana. Basically, you pay no sales tax on the "first $2,500 of the purchase price of most individual items of tangible personal property for non-business use" that you purchase that weekend.

Personal property is pretty much everything you can think of--electronics, clothes, tools, furniture, school supplies, etc--with few exceptions. Although parish sales taxes are still due on purchases, some parishes decide to also waive their sales tax, which makes the entire purchase tax-free; that means a savings of almost 10% in some parishes!

Even if your parish doesn't participate, some retailers get into the spirit and they have their own "tax-free" sales where they pick up the tax tab, so it's a great time to buy large-ticket items.