Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What taxes are exempt on the Missouri Sales Tax Holiday?

exempt Free holiday Missouri taxes
0
Posted

What taxes are exempt on the Missouri Sales Tax Holiday?

0

The sales tax holiday applies to state and local sales taxes when a local jurisdiction chooses to participate in the holiday. However, local jurisdictions can choose to not participate in the holiday if they enact an ordinance to not participate and notify the department 45 days prior to the sales tax holiday. If the jurisdiction had previously enacted an ordinance to not participate in the holiday and later decided to participate, it must enact a new ordinance to participate and notify the department 45 days prior to the sales tax holiday. If one or all of the local taxing jurisdictions are not participating in the sales tax holiday, the state’s portion of the tax rate (4.225%) will remain exempt for the sale of qualifying sales tax holiday items. What items are sales tax free in MO? Certain back-to-school purchases, such as clothing, school supplies, computers, and other items as defined by the statute, are exempt from sales tax for this time period only. Some stores such as Best Buy

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123