Ohio Expands 2024 Sales Tax Holiday

Ohio’s sales tax holiday, running from July 30, 2024, through August 8, 2024, has been expanded under Ohio House Bill 33. This year, the holiday will apply to all tangible personal property priced at $500 or less, a significant broadening from previous years which focused mainly on back-to-school items.

Excluded from the holiday are watercraft, outboard motors, motor vehicles, alcoholic beverages, tobacco, vapor products, and marijuana-containing items. Additionally, items over $500 and certain services listed in R.C. 5739.01(B)(3) will not benefit from the tax exemption.

This expansion aims to offer greater financial relief to Ohio residents, encouraging broader consumer spending. Shoppers and retailers should prepare for increased activity and savings during this period. (Ohio Department of Taxation, July 12, 2024)

Posted on July 22, 2024