Sales Tax Holiday Set for Aug. 1-3, 2003
RALEIGH -- Taxpayers who buy certain items during the weekend of
Aug. 1-3, 2003 won’t have to pay the state sales tax during
North Carolina’s second sales tax holiday.
The sales tax holiday covers specific items and includes the state
and local sales or use taxes, including the Mecklenburg Public Transportation
Tax. This year, the sales tax holiday begins at 12:01 a.m. Friday,
Aug. 1, and ends at 11:59 p.m. Sunday, Aug. 3.
The holiday covers specific items of clothing, footwear and school
supplies that cost $100 or less, sports and recreation equipment that
cost $50 or less and computers printers, printer supplies and educational
software that cost $3,500 or less per item.
Clothing accessories, jewelry, cosmetics, protective equipment, wallets,
furniture, layaway transactions, items used in a trade or business,
and rentals are not covered by the exemption and will be subject to
any applicable tax.
The state sales tax rate is 4.5 percent while the county rate is
2.5 percent, for a combined total of 7 percent. (Mecklenburg County
has a 3 percent county rate, for a combined total of 7.5 percent.)
For more information about the sales tax holiday, visit the Department
of Revenue website at www.dor.state.nc.us/taxes/sales/salestax_holiday.html.
Public Affairs Office
P.O. Box 25000, Raleigh, NC 27640-0001
An Equal Opportunity Employer
Last modified on:
10/31/07 03:44:06 PM.