St. Louis Missouri Real Estate

St. Louis Missouri Real Estate service, residential home information and advice
Welcome to St. Louis Missouri Real Estate Sign in | Join | Help
in Search

St Louis Mo

The Best St. Louis-Friendly Web Site (stlouismo.com) with community forums and information about events, business, jobs, attractions, sports and hospitality in St. Louis, Missouri and Southwest Illinois.



Missouri Families to Take Advantage of Annual School Sales Tax Holiday

ST LOUIS MO (stlouismo.com) - Gov. Matt Blunt is encouraging all Missouri families preparing to send their children back to school to take advantage of Missouri’s annual sales tax holiday August 1, 2008, through midnight, August 3, 2008, when items often called “back to school supplies” can be purchased tax-free. Certain clothing, school supplies, personal computers, and software are exempt from the state sales tax of 4.225 percent during the holiday. 

 “The break from state taxes is a great opportunity for families to prepare for the new school year,” Gov. Blunt said. “With high gas prices and increasing costs at grocery checkout counters, Missouri families will find some relief during this sales tax holiday.”

      The sales tax exemption applies to:

  • Clothing – any article having a taxable value of $100 or less;
  • School supplies – not to exceed $50 per purchase;
  • Computer software – taxable value of $350 or less; and
  • Personal computers and computer peripheral devices – not to exceed $3,500.

Generally, “clothing” is wearing apparel, including footwear and material used to make school uniforms or other school clothing.  “School supplies” are any items normally used by students in a standard classroom for educational purposes, such as textbooks, notebooks, rulers, book bags, or calculators. “Personal computers” includes laptops, desktops, and other related features such as disk drives, memory modules, and printers. Section 144.049, RSMo, contains a more detailed description of tax-exempt items.

 

Local tax jurisdictions have the option of participating in the sales tax holiday. While the state sales tax will be exempt in all counties in Missouri, cities, counties, and other taxing districts that choose not to participate will collect local sales tax.  This year, 170 cities, 52 counties, and 8 taxing districts have opted out of participating in the sales tax holiday.  In those areas, during the sales tax holiday, the local tax will be collected while the state portion will not. A full list of non-participating cities, counties, and districts is listed on the Missouri Department of Revenue’s website at www.dor.mo.gov.

 

July 28 St Louis Cardinals at Atlanta 7:10 pm B. Looper (9-8)  T. Hudson (11-7)  Buy Tickets 
July 29 St Louis Cardinals at Atlanta 7:10 pm T. Wellemeyer (8-4)  T. Hudson (11-7) 
Buy Tickets  
July 30 St Louis Cardinals at Atlanta 7:10 pm C. Carpenter (0-0)  J. Jurrjens (10-5) 
Buy Tickets 
July 31 St Louis Cardinals at Atlanta 7:10 pm J. Piñeiro (3-4)  M. Hampton (0-0) 
Buy Tickets

Published Tuesday, July 29, 2008 4:33 PM by admin



Ram Tickets Cardinal Tickets Blues Tickets Mizzou Tickets Illini Tickets


Anonymous comments are disabled


St. Louis Blues Tickets


This Blog

Syndication

Tags