Virginia Enacts Annual Sales Tax Holiday for Clothing, Footwear, and School Supplies

Virginia will have an annual three-day sales tax holiday, beginning on the first Friday of each August and ending at midnight the following Sunday. The exemption applies to clothing or footwear selling for one-hundred dollars or less, and to school supplies valued at twenty dollars per item or less. The Virginia Department of Taxation will issue guidelines on which items qualify for the exemption. During the holiday period, dealers may elect to pay the tax on nonexempt items and remit it to the state in the customary manner. (2006 VA H 532).

Posted on May 25, 2006