Ohio's S.B. 243 enacted a one-time sales tax holiday to occur only in 2015. The holiday starts on Friday, August 7, 2015 at 12:01 a.m. and ends on Sunday, August 9, 2015 at 11:59 p.m. (Photo by Matt Minde)
Statewide “tax holiday” for back-to-school purchases
- Published: August 7, 2015
Back-to-school shoppers hoping to cash in on special sales this weekend will find a bit more change in their pockets, as certain purchases will not be taxed.
Among other tax incentives, Senate Bill 243 enacted a one-time “sales tax holiday” to occur only in 2015. The holiday starts on Friday, August 7, 2015 at 12:01 a.m. and ends on Sunday, August 9, 2015 at 11:59 p.m. The holiday is statewide law, and all vendors are participating.
During the holiday, the following items are exempt from sales and use tax:
• An item of clothing priced at $75 or less;
• An item of school supplies priced at $20 or less; and
• An item of school instructional material priced at $20 or less.
The State has outlined very specific definitions of what constitutes clothing, school supplies and instructional materials; shoppers are advised to visit the Ohio Department of Taxation website “FAQ” page ( http://www.tax.ohio.gov/sales_and_use/salestaxholiday/holidayfaq.aspx ) to ensure that there are no financial surprises or disappointments.
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