Miss-Lou sales tax holiday approaching
NATCHEZ — Shoppers looking to save a few bucks may want to wait until Friday in Mississippi and Aug. 2 in Louisiana to do their back-to-school shopping.
Mississippi’s sales tax holiday begins at 12:01 a.m. Friday and continues until midnight on Saturday.
The tax holiday applies to all clothing and footwear purchases that cost less than $100. Items priced at $100 or more are subject to the regular retail sales tax rate of 7 percent, according to the Mississippi Department of Revenue.
Accessories, such as jewelry or luggage, do not qualify.
Examples of items eligible for sales tax exemption include belts, blouses, baby bibs, dress shoes, jackets, pants and tennis shoes.
For more information on the Mississippi sales tax holiday, visit the Mississippi Department of Revenue’s website at dor.ms.gov.
Louisiana’s sales tax holiday will be from 12:01 a.m. to 11:59 p.m. Friday, Aug. 2.
The tax holiday provides an exemption from the 4 percent state sales tax on the first $2,500 of a purchase.
The exemption applies to all purchases of tangible personal property, except for vehicles, meals and items used for business purposes.
For more information visit the Louisiana Department of Revenue’s website at revenue.louisiana.gov.