Connecticut 2014 Sales Tax Holiday Starts Sunday
- Aug 15, 2014 | Gail Cole
Each year, Connecticut offers a one-week sales and use tax exclusion for clothing and footwear costing less than $300 per item (or pair). The 2014 tax-free period begins this Sunday, August 17, and concludes August 23.
Retailers and shoppers alike need to be prepared. If it is helpful for shoppers to know which items qualify for the exemption and which do not, it is essential for retailers. In addition, retailers must reprogram point-of-sale systems, train employees, and ready themselves for larger-than-usual crowds. The Connecticut Department of Revenue Services provides examples of exempt and non-exempt items, as well as more detailed information for retailers.
Seventeen states are offering sales tax holidays in 2014, and some of those states have multiple tax-free periods. Sales tax automation software helps businesses manage sales tax holidays in all states where they do business. Learn more.