Every year before school starts back up after the summer break, the State of Oklahoma Tax Commission issues a sales tax holiday.
This year, the annual holiday begins at 12:01 a.m. Aug. 4 and ends at midnight Aug. 6 and applies a sales tax exemption for certain clothing and shoe purchases. Though the exemption is only for clothing and footwear and does not apply to school supplies, these purchases will be exempt from state, city, county and local municipality sales taxes.
Retailers are required by the Oklahoma Tax Commission to participate, and each individual article must be less than $100 to be exempt from state and local sales or use tax.
The exemption does not apply to the sale of accessories, defined as any item other than clothing or footwear that is carried on or about the body including jewelry, nonprescription eye wear, handbags, wigs, hair pieces, wallets, purses, umbrellas, watches, cosmetics, briefcases, luggage, barrettes, cuff links, hair bows, hair clips, hair nets, handkerchiefs, and other like items.
It also does not apply to special clothing or footwear primarily designed for athletic activity or protective use, which includes items such as team jerseys, football cleats, shin guards, sports gloves, ballet and tap shoes, as well as other similar items.
The Oklahoma Sales Tax Holiday began after the Oklahoma Legislature passed Senate Bill 861 in the 2007 Legislative Session as a measure to boost the economy by allowing consumers to save money when shopping.
Exempt items include coats and jackets, costumes, diapers, formal wear, steel toed shoes, uniforms, and wedding apparel along with more traditional clothing.
Reach Katrina Goforth at 580-482-1221, ext. 2077.