Boom! Celebrate the End of the Texas Fireworks Tax
- Sales Tax News
- Jul 1, 2015 | Gail Cole
In addition to the general sales tax, Texas imposes a special tax on fireworks, which may legally be purchased thrice annually in the Lone Star State: to celebrate Cinco de Mayo, the Fourth of July, and the arrival of the New Year.
However, it has come to the attention of lawmakers that the 2% tax does not generate enough money to both cover the cost of administering the tax and raise revenue for rural fire departments. As a result, the fireworks tax is being repealed effective September 1, 2015 (see the bill analysis for Senate Bill 761). Please note that state and local sales and use taxes will remain in effect.
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