LAWRENCEVILLE - Tough economic times? Yep, we've got 'em.
But for four days this week - just in time for the annual rush of back-to-school shopping - the dark skies will brighten up a bit.
From Thursday through Aug. 3, certain articles of clothing, personal computers and general school supplies will be exempted from both state and local sales taxes.
According to the Georgia Department of Revenue, the sales tax exemption applies to purchases from the following categories:
n 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, cuff links, handkerchiefs, jewelry, key cases, wallets, watches and watch bands and ponytail holders and/or similar hair products are not exempt.
n Personal computers: A single purchase of $1,500 or less of personal computers and/or related accessories is exempt. If the single purchase exceeds $1,500, the entire transaction is taxable.
n 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 personal use, according to the state Department of Revenue. Exemptions do not include items rented, leased, purchased by businesses or purchased for resale.
SideBar: At a glance
· Exempted items include: articles of clothing under $100; personal computers under $1,500; and general school supplies under $20 per item.
· For full list of exempted and excluded items, visit: www.dor.ga.gov/salestax/holiday/index.aspx
· House Bill 948, which made the 2008 sales tax holiday possible, also provides for exemptions of specific energy and water proficient products purchased between Oct. 2 through 5.