Louisiana holds sales tax holiday this weekend

Posted on: July 31 2014 | Posted in: Latest News
By: The Associated Press

BATON ROUGE — Louisiana’s annual state sales tax holiday is Friday and Saturday.

Over the two-day period, most retail purchases are exempt from the 4-cent state sales tax, up to the first $2,500 of an item’s price.

The tax holiday doesn’t apply to vehicle purchases, meals at restaurants or taxable services, like hotel room rentals or athletic event tickets.

The state chapter of the National Federation of Independent Business says the tax holiday will help stores still struggling after the recession.

Dawn Starns, state director for the NFIB, called the tax break period “the shot in the arm small businesses need,” and she encouraged people to shop at locally-owned stores.

Local sales taxes are still applied to purchases, unless a municipality added its own exemption.