Comptroller announces Shop Maryland Tax-Free Week
Week of tax-free savings takes place Aug. 13-19
Shop Maryland Tax-Free Week will return Aug 13-19 in time for back-to-school shopping, the comptroller’s office announced Tuesday.List of taxable and exempt items | Fact sheet | FAQs”Shop Maryland Tax-Free Week is an important opportunity for Marylanders, particularly families, to save some money while doing their back-to-school shopping,” Comptroller Brooke Lierman said in a statement. “The cost of new clothes and backpacks for families of any size can add up quickly.”| RELATED: These are the ‘Back to School’ sales and deals you need to know aboutThe comptroller said the state is partnering with the Maryland Retailers Association and its membership to spread the word about the benefits of shopping at local retailers.”Small businesses make up the backbone of our communities, providing neighborhood stabilization, tax revenue for the things we care about, and philanthropy for local organizations,” Cailey Locklair, the association’s president, said in a statement. “Marylanders can save money and support their community during Shop Maryland Tax-Free Week by checking out their nearest retailers and shopping locally.”| RELATED: Back-to-school supplies checklist to help you shop for school suppliesDuring the week, any single qualifying article of clothing or footwear priced $100 or less — regardless of how many items are purchased in the same transaction — will be exempt from the state’s 6% sales tax. The first $40 of any backpack purchase is also tax-free.Although commonly associated with back-to-school shopping, Lierman said the tax-free savings apply to shoppers of all ages.| HELP OUR STUDENTS: 2023 Stuff the Bus school supply drive in Baltimore area
Shop Maryland Tax-Free Week will return Aug 13-19 in time for back-to-school shopping, the comptroller’s office announced Tuesday.
“Shop Maryland Tax-Free Week is an important opportunity for Marylanders, particularly families, to save some money while doing their back-to-school shopping,” Comptroller Brooke Lierman said in a statement. “The cost of new clothes and backpacks for families of any size can add up quickly.”
| RELATED: These are the ‘Back to School’ sales and deals you need to know about
The comptroller said the state is partnering with the Maryland Retailers Association and its membership to spread the word about the benefits of shopping at local retailers.
“Small businesses make up the backbone of our communities, providing neighborhood stabilization, tax revenue for the things we care about, and philanthropy for local organizations,” Cailey Locklair, the association’s president, said in a statement. “Marylanders can save money and support their community during Shop Maryland Tax-Free Week by checking out their nearest retailers and shopping locally.”
| RELATED: Back-to-school supplies checklist to help you shop for school supplies
During the week, any single qualifying article of clothing or footwear priced $100 or less — regardless of how many items are purchased in the same transaction — will be exempt from the state’s 6% sales tax. The first $40 of any backpack purchase is also tax-free.
Although commonly associated with back-to-school shopping, Lierman said the tax-free savings apply to shoppers of all ages.
| HELP OUR STUDENTS: 2023 Stuff the Bus school supply drive in Baltimore area
Credit:Source link