FYI,
The state of Missouri has established a one-time-only Sales Tax Holiday effective August 13 through August 15, 2004. In Missouri, certain back-to-school purchases, such as clothing, school supplies, computers, and other items as defined by the statute, will be exempt from sales tax (4.225%) for this time period only.
The sales tax exemption is limited 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 $200 or less per purchase
Personal computers - not to exceed $2,000
Computer peripheral devices - not to exceed $2,000
For more information, click on this link.
http://dor.mo.gov/tax/business/sales/taxholiday/
The statute allows local taxing authorities (cities, counties, and districts) with the option of not participating in the Sales Tax Holiday for local sales tax purposes. Regardless whether one or all of your local taxing authorities do not participate, the state’s portion of the tax rate (4.225%) will not be charged.
Here are the links to the city and county information to determine if they are or are not participating in the Sales Tax Holiday.
http://dor.mo.gov/tax/business/sales/taxholiday/cities.htm
http://dor.mo.gov/tax/business/sales/taxholiday/counties.htm
Best,
Chris
