Arkansas Duty Free Weekend Starts Saturday! It includes school supplies, clothing and electronics

NORTHWEST ARKANSAS, (KNWA / KFTA) – Prepare your buyers! It’s that time of year when you can save money on back-to-school supplies.

From Saturday until the weekend, back-to-school items will be tax free. This means that school supplies and school supplies will be exempt from state and local taxes.

This year, electronic devices such as laptops, keyboards and cell phones will also be included.

Each item of clothing and shoes must cost less than $ 100 to be eligible, and clothing accessories must cost less than $ 50 each.

Stores like Walmart are bracing for heavy foot traffic for the next few days.

“We have a special aisle that has all of the school supplies in one place and it’s the same online. Plus, if you’re not comfortable going to the store, you can shop online and you can have it all delivered to your car or home, ”said Lucia Alvarado, Global Communications, Walmart, US. United.

At the Sports + Outdoors Academy, Store Manager Shannon Haught says they have plenty of promotions in addition to the Duty Free Weekend with specials for families. His advice is to prepare before going shopping.

“I would recommend that parents make a list and know what they want, have a budget and definitely arrive early because the good deals go quickly,” Haught said.

Okay, here are the details….

Arkansas sales tax holiday

  • Starts Saturday August 7 at 12:01 am.
  • Ends Sunday August 8 at 11:59 p.m.
  • School supplies, clothing, electronics and more
  • In store and online

Complete list Click here



Questions about sales tax holidays for consumers (Provided by the Arkansas Department of Finance and Administration

1.) What is the sales tax holiday?
Law 757 of 2011 provides for a sales tax holiday in Arkansas for the first weekend of August
every year. A sales tax holiday is a temporary period during which state and local sales taxes are not
collected or paid for the purchase of certain products.

2.) When is the sales tax holiday?
The sales tax holiday will begin each year at 12:01 a.m. on the first Saturday in August and
conclude at 11.59pm the following Sunday.

3.) What items are exempt from sales tax for the sales tax holiday?
Clothing and footwear if the sale price is less than one hundred dollars ($ 100) per item;
Clothing accessories and equipment if the sale price is less than fifty dollars ($ 50) per item;
School supplies; School art supplies; and school teaching materials.

4.) Where can I find a list of items eligible for sales tax exemption? Click here

5.) Do I have a limit on the number of qualifying items I can purchase?
The clothing holiday exemption is limited to single items that are priced below one
one hundred dollars ($ 100). Items priced at one hundred dollars ($ 100) or more are subject to the
full state and local sales tax.

(Example: A customer purchases two (2) shirts at $ 50 each, a pair of jeans at $ 75 and a pair of
shoes at $ 125. No national and local sales tax is due on the two shirts ($ 50 each for a total of $ 100)
and the pair of jeans ($ 75) even if the total cost ($ 175) exceeds the threshold of $ 100.
However, state and local sales tax will be due on the total purchase price ($ 125) of the shoes.
since they exceed the threshold of one hundred dollars ($ 100).

6.) Are store-issued discount coupons treated any differently from manufacturer-issued discounts?
Coupons ?
Retailers may offer in-store discounts and in-store coupons to reduce the selling price of an eligible product
article in order to qualify for the holiday exemption. However, the manufacturer’s discount coupons
does not reduce the sale price of an item and cannot be used to determine the sale price of an item
an article in order to benefit from the exemption for public holidays. A manufacturer’s discount does not
reduce the sale price of an item and cannot be used to qualify an item.

7.) Will the delivery charge be part of the sales tax holiday threshold?
Delivery charges, including shipping, handling and service charges, are part of the selling price of
eligible items. However, for the purposes of determining a sales tax exemption price threshold, if all
the items in a shipment are considered qualifying goods and the selling price of each item in the
the shipment is within the sales tax holiday price threshold, the retailer will not award the
delivery, handling or service charges for each item to determine if the threshold price is
outmoded. The shipment will be considered a sale of qualifying products.
If the shipment includes qualifying items exempt from holiday sales tax and other taxable items, the
retailer the seller must allocate the delivery charge using: (a) A percentage based on the total
the selling prices of taxable items compared to the total selling prices of all items in the shipment;
or (b) A percentage based on the total weight of taxable items in relation to the total weight
of all items in the shipment. The retailer must tax the percentage of the delivery charge
allocated to taxable property but not the percentage allocated to items eligible for vacation.

8.) Can I buy a tax-exempt computer during the sales tax holiday?
Computers, peripheral equipment or software can benefit from the exemption and therefore cannot
be purchased tax free.

9.) Can I separate qualifying items normally sold in pairs in order to meet the sell price threshold?
No. Items normally sold as a single unit, such as a pair of shoes or a men’s suit, should continue
for sale individually. Components cannot be priced separately and sold as individual items
in order to benefit from the holiday exemption.

10.) Does an item benefit from the exemption for orders placed on layaway?
Sales of qualifying items in a layaway sale are eligible for an exemption if the final payment on a layaway
the order is placed by the purchaser and the goods are returned to him during the exemption period; Where
the buyer selects the good and the retailer accepts the order for the item during the
exemption period, for immediate delivery against full payment, even if delivery is made after
the vacation exemption period ends.

11.) Does an item purchased as a coupon qualify for the exemption?
Qualifying property that customers purchase during the exemption period with the use of a purchase order
will be eligible for the exemption, regardless of the date the rain voucher was issued. Deliverance from a rain
check during the exemption period will not qualify an item eligible for the exemption if the
the property is effectively purchased after the exemption period.

12.) If I purchase an eligible exempt item during the sales tax holiday that exceeds the threshold
will he be exempt on the first $ 100 / $ 50 of this purchase?
No. If you purchase an item that exceeds the threshold, the total purchase price for that item
will be taxed at the full rate.
(Ex: if you buy a pair of jeans for $ 110.00, the full $ 110.00 will be subject to the state and
local taxes without any exemption.)

13.) Does the sales tax exemption only apply to state tax?
No. If an exempt item is purchased and falls below the threshold, the total consideration of
the item will be exempt from state and local taxes during the sales tax holiday.

14.) If I rent something during the sales tax holiday that is considered an eligible item under the
threshold also eligible for sales tax exemption?
Yes. The State of Arkansas considers the rental of tangible personal property to be a sale.

Source link