Louisiana Sales Tax Holiday This Weekend
Shop til you drop especially for school supplies and such since it's a tax holiday in Louisiana. During this tax free weekend, just about all your retail purchases are going to be exempt from the four percent state sales tax. However we'll still have to pay local sales taxes on purchases.
By the way, keep those receipts for school uniforms, supplies and equipment because they could add up to a nice deduction at the end of the year and who doesn't like deductions? Those deductions are good for both public and private school needs.
As always, there are a few conditions attached to this tax free weekend. One of those is that you are only exempt, in most cases, from paying taxes up to the first $2,500 on most of your purchases.
Some of the exceptions to the tax holiday include:
1.) Vehicles subject to title and license
2.) Meals prepared for consumption on premises or to-go; and
3.) Taxable services like as hotel stays, leases or rentals of personal property
4.) laundry services, printing services, telecommunication services, the furnishing of cold storage space, repairs to personal property, and admission to sports/athletic events, amusement, or recreational parks or facilities.
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