As a retailer, may I offer two items separately that are generally sold as a unit to meet the cost threshold?
No. Items that are generally sold as a unit, such as a pair of shoes, must continue to be sold as a unit and cannot be priced separately and sold as individual items to obtain an exemption. If a dealer offers an item for a discounted price or offers up a retailer’s coupon during the sales tax holiday, which price is used in determining the threshold cost for sales tax holiday eligibility purposes? Manufacturer’s coupon? A discount given by a retailer constitutes a reduction in sales price and the amount of the discount is deducted before determining whether an item is eligible for the exemption. The same is true for both a retailer’s coupon and a manufacturer’s coupon. A manufacturer’s coupon constitutes a reduction in sales price, and will affect the determination as to whether a particular item qualifies for the sales tax holiday exemption. This rule is only in effect for purposes of the sales tax holiday, and does not affect Virginia’s normal rule that a manufacturer’s coupon does n
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- Do the $15,000 cost threshold and $90,000 cost limit apply separately to each individual for whom a plan sponsor is submitting reimbursement requests under the Early Retiree Reimbursement Program?
- As a retailer, may I offer two items separately that are generally sold as a unit to meet the cost threshold?
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