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You are here: Home / Business / Sales tax holiday is Friday and Saturday

Sales tax holiday is Friday and Saturday

August 1, 2013 By Radio Iowa Contributor

Iowa’s annual Sales Tax Holiday will be held over the next few days, as most purchases of clothing and footwear will be sales tax-free. Victoria Daniels, spokeswoman for the Iowa Department of Revenue, says there is a specific purpose to the two-day tax holiday, which runs Friday and Saturday.

“A lot of people like to take advantage of it and get a head start on their back-to-school shopping,” Daniels says. This is the 14th year for the Sales Tax Holiday in Iowa. Daniels says the two days are favored by both shoppers and merchants.

“It’s pretty popular,” Daniels says. “There are limits to what you can buy so it’s not necessarily a free-for-all. One good thing is that you don’t have to be a student to take advantage of it. Anybody who purchases the qualifying items during the sales period is able to purchase them exempt from the sales tax.”

Daniels says the items that are eligible for the sales tax-free weekend need to fall under the category of clothing and footwear, but they must also meet certain definitions. “It doesn’t include things you would think of as accessories, like a watch, jewelry or umbrellas,” she says.

“Anything you would not normally wear every day, something designed for athletic activity or protective use, those things are not going to qualify either.” Some examples include tennis shoes — which could be worn for gym class or for everyday — those would qualify for the exemption but football cleats would not qualify.

Learn more about the Iowa Sales Tax Holiday at: www.iowa.gov/tax/educate/holiday1.html

By Pat Powers, KQWC, Webster City

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Filed Under: Business, News Tagged With: Taxes

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