The following is a Press Release from the State of Louisiana Department of Revenue:
Louisiana shoppers can make
purchases free of the 4 percent state sales tax on most retail items during the
2012 Louisiana Annual
Sales Tax Holiday on Friday, Aug. 3, and Saturday, Aug. 4.
The exemption applies to the
first $2,500 of the purchase price of each eligible item.
Eligibility
The sales tax exemption applies
to "individual items of tangible personal property" under the following
conditions:
The customer buys and accepts delivery of eligible
property;
The customer places property on layaway;
The customer acquires property that was previously
placed on layaway; or
The customer places an order for immediate delivery,
even if delivery must be delayed, provided that the customer has not
requested delayed shipment.
Local sales taxes apply unless
the local taxing authority allows its own exemption.
The sales tax holiday does not
apply to:
Vehicles subject to license and title
Meals prepared for consumption on premises or to-go
Taxable services such as hotel occupancy, laundry
services, printing services, telecommunication services, the furnishing of
cold storage space, leases or rentals of tangible personal property,
repairs to tangible personal property, and admission to athletic,
amusement, or recreational facilities or events
Tax Deduction for School
Expenses
The Louisiana Department of
Revenue encourages shoppers to retain receipts for school supplies, uniforms
and educational equipment required by schools. These expenses may be
eligible for tax
deductions on 2012 Louisiana Individual Income Tax Returns due May 15,
2013. To claim the deductions, you must be able to claim the student as a
dependent on your state individual income tax return, and you must be able to
provide documentation for the expenses.
For more information about the
2012 Louisiana Annual Sales Tax Holiday, visit www.revenue.louisiana.gov/taxholiday.