NEWS RELEASE SOUTH CAROLINA DEPARTMET OF REVENUE CONTACT: Adrienne Fairwell at fairwea@sctax.org or 803-898-5287
FOR IMMEDIATE RELEASE July 3, 2007
Annual Sales Tax Holiday August 3 – August 5
Columbia, SC…It's that time of year again when South Carolina shoppers look forward to additional savings on back-to-school items during South Carolina's annual tax-free weekend.
The 2007 sales tax holiday weekend will begin at 12:01 am Friday, August 3 and end at midnight Sunday, August 5. During this weekend back-to-school shoppers can purchase everything from bed linens, pillows, pillow cases, shower curtains, and bath towels to clothing, clothing accessories, footwear and other related items that are exempt from the state's 6% sales and use tax and any local county sales tax. Computers and printers, a key purchase for many shoppers during the tax-free weekend, remain exempt from the state's sales and use tax, as well.
This is the eighth year of the tax-free weekend which, by law, is held the first full weekend of each August. The South Carolina Merchants Association has said the tax-free weekend is the third busiest shopping weekend of the year behind the post-Thanksgiving and the pre-Christmas Day weekends. Shoppers typically save about $3 million during the annual sales tax holiday event.
Additionally, last year the South Carolina Legislature approved the state's first, and one-time, Thanksgiving sales tax holiday and taxpayers saved an estimated $14.4 million.
The list of tax exempt items, and non-exempt items, and frequently asked questions about the sales tax holiday, can be found at the DOR website, www.sctax.org, under the "What's New" listing on the homepage. There are no changes to the list of exempt items this year.
(Listed below are the estimated taxpayer savings during previous tax-exempt weekends.)
|
Sales Tax Holiday |
Taxpayer Savings |
|
2000 |
$3.6 million |
|
2001 |
$2.7 million |
|
2002 |
$2.9 million |
|
2003 |
$2.3 million |
|
2004 |
$2.7 million |
|
2005 |
$2.6 million |
|
2006 |
$2.8 million |
-30-
|