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Virginia's Sales Tax Holidays |
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2010 Sales Tax Holidays
May 25-31, 2010 Hurricane Preparedness August 6-8, 2010 School Supplies and Clothing October 8-11, 2010 Energy Star and Water Sense Qualified Products School Supplies & Clothing August 6-8 2010 August 6-8, 2010: School Supplies and Clothing. During this three-day period, purchases of certain school supplies, clothing and footwear will be exempt from the Virginia sales tax. Each eligible school supply item must be priced at $20 or less, and each eligible article of clothing and footwear must be priced at $100 or less. For more information visit VA Department of Taxation. Virginia's Sales Tax Holiday Under Virginia law, most purchases of tangible personal property are subject to both state and local sales and use taxes. The tax rate is generally 5% of the cost price. The rate on sales of food for home consumption is 2.5%. A sales tax holiday is a temporary period during which purchases of certain items are exempt from the sales and use taxes. Following legislation enacted by the 2007 Session of the Virginia General Assembly, Virginia now has three annual sales tax holidays. |
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