Tax-Free Weekends 2020

Tax Free

The Tennessee General Assembly has approved two sales tax holiday weekends for this summer in an effort to support the economy amid the COVID-19 pandemic.

One tax holiday is for clothing and back-to-school items, and the second one focuses on restaurants, according to a Monday morning announcement from the Tennessee Department of Revenue.

The first tax-free holiday weekend, which includes clothing, computers and other back-to-school items, begins at 12:01 a.m. on Friday, July 31, and ends Sunday, Aug. 2, at 11:59 p.m.

The second weekend, which exempts restaurant food and drink purchases from sales tax, begins at 12:01 a.m. on Friday, Aug. 7 and ends Sunday, Aug. 9, at 11:59 p.m.

Other good news for shoppers is that the price thresholds for this sales tax holiday weekend will be double what they were in past years. For school supplies and clothing, the 2020 price threshold for qualifying items is $200 or less; for computers and other electronics, the threshold is $3,000 or less. That's compared to a $100 threshold on clothes and school supplies and $1,500 on computers in years past.

https://www.tennessean.com/story/life/shopping/ms-cheap/2020/07/06/tennessee-sales-tax-free-weekend-2020/5383215002/

 





Back to School News      Print News Article