Louisiana Tax Holiday August 1 & 2
Mark your calendars for the 2014 Tax FREE Shopping holiday for the back to school season and, in our case, Hurricane Season too! This Tax Holiday will begin 12:01 a.m. on Friday, August 1, and continues through 11:59 p.m. on Saturday, August 2.
The Louisiana Annual Sales Tax Holiday provides an exemption from state sales tax on the first $2,500 of the purchase price of most individual items of tangible personal property for non-business use. The state sales tax is payable on the portion of the purchase price of any individual item in excess of $2,500.
The holiday applies only to the 4 percent state sales tax. It does not apply to sales taxes levied by parishes, municipalities, school boards, and other political subdivisions of the state.
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