Monday, July 18, 2005

Tax Free Week - Georgia

House Bill 5 provides for a sales tax exemption from both state and local sales taxes for four days, July 28 ? 31, 2005, for the back-to-school shopping season. During the sales tax holiday period, a sales tax exemption applies to items of tangible personal property in the following three categories:

* Articles of Clothing. The exemption applies to articles of clothing and footwear with a sales price of $100 or less per item. Clothing accessories such as handbags, umbrellas, etc. are not exempt.
* Personal Computers. A single $1,500 or less purchase of personal computers and related accessories is exempt. The exemption is granted to computers, Internet modems, printers, speakers, and non-recreational software. If the single purchase exceeds $1,500, the entire transaction is taxable.
* General School Supplies. The exemption applies to the purchase of general school supplies with a sales price of $20 or less per item.

The exemptions are intended for individuals and their personal use. The exemption excludes items rented or leased and does not apply to purchases made by businesses or purchases made for resale. The exemption also does not apply to exempt items sold at theme parks, entertainment complexes, hotels, restaurants, and airports.

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