Ohio: Permanent Sales Tax Holiday Sought
- Jan 28, 2016 | Gail Cole
Ohio offered a sales tax holiday for the first time in 2015. During the three-day tax-free period, qualifying clothing, computers and school supplies were exempt from state and local sales and use tax. Now there is a call to make an annual August sales tax holiday permanent.
Franklin County Senator Kevin Bacon (R) is behind the initiative. According to him, “The opportunity to save money on essential clothing and school items reduces the financial strain on consumers and boosts sales for local businesses.” He called the 2015 sales tax holiday “a win-win for parents, students and businesses alike.”
Senate Bill 264, introduced this week, would require compliance by both Internet and brick-and-mortar sellers.
Tax-free periods can create compliance headaches for retailers, particular remote vendors. An automated solution simplifies end-to-end sales tax compliance. Learn more.
