North Carolina enacts sales tax holiday.

North Carolina has an enacted a sales and use tax holiday effective from August 1, 2003 through August 3, 2003. Items which are to be exempt are clothing, footwear, and school supplies under $100. Sporting goods are also exempt as long as each item costs less than $50. The holiday will also include computers and some computer accessories such as printers and printer supplies. Educational software will also be exempt. The computer exemption will only be effective for those items which cost less than $3,500. If any computer or computer equipment costs more than $1,000 than a North Carolina Sales Tax Holiday Exemption Certificate must be submitted. This certificate is Form E-599H. (Release, North Carolina Department of Revenue, June 30, 2003.)

Posted on July 15, 2003