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3 ‘no tax days’ for school items

By Staff | Apr 20, 2016

TALLAHASSEE, Fla. (AP) – Florida shoppers will get a three-day back-to-school tax holiday under a bill signed into law by Gov. Rick Scott.

The governor signed the bill last week on Wednesday, April 13. It also includes a handful of other targeted tax cuts. The legislation (HB 7099) permanently eliminates sales taxes charged on manufacturing equipment.

Shoppers won’t pay sales tax on clothes worth $60 or less and on school supplies worth $15 or less. The tax holiday runs Aug. 5 through Aug. 7.

Legislators scaled back this year’s tax holiday. Last year, shoppers got a 10-day holiday. Legislators also eliminated computers from the tax break and reduced the value of clothes that can be purchased tax free.

Scott asked for a larger tax cut package but his request was largely ignored by the Florida Legislature.

Source: Associated Press

3 ‘no tax days’ for school items

By Staff | Apr 20, 2016

TALLAHASSEE, Fla. (AP) – Florida shoppers will get a three-day back-to-school tax holiday under a bill signed into law by Gov. Rick Scott.

The governor signed the bill last week on Wednesday, April 13. It also includes a handful of other targeted tax cuts. The legislation (HB 7099) permanently eliminates sales taxes charged on manufacturing equipment.

Shoppers won’t pay sales tax on clothes worth $60 or less and on school supplies worth $15 or less. The tax holiday runs Aug. 5 through Aug. 7.

Legislators scaled back this year’s tax holiday. Last year, shoppers got a 10-day holiday. Legislators also eliminated computers from the tax break and reduced the value of clothes that can be purchased tax free.

Scott asked for a larger tax cut package but his request was largely ignored by the Florida Legislature.

Source: Associated Press