Purchase items tax-free in Maryland during the week of August 8-14, 2010 on qualifying items such as clothing and footwear. The maximum single priced item that qualifies is $100. Accessories, including jewelry, watches, handbags, ties, belt buckles, umbrellas are amongst the items that do not qualify for tax-free. You can find additional information at the Maryland Comptroller website at http://www.marylandtaxes.com/shopmd/default.asp. I have summarized the FAQ’s listed in their webpage.
Q. What items will be eligible for tax-free purchase during Shop Maryland week?
A. Clothing and footwear are eligible; a few examples of tax-free clothing and footwear items are sweaters, shirts, slacks, jeans, dresses, robes, underwear, belts, shoes, and boots priced at $100 or less.Q. Will any clothing items be taxable during Shop Maryland week?
A. Yes. Items that cost more than $100 will be taxable. Accessories, including jewelry, watches, watchbands, handbags, handkerchiefs, umbrellas, scarves, ties, headbands, belt buckles, and backpacks will be taxable.Q. If I use a department store coupon to reduce the price of a $110 item to $100 or less, do I have to pay the tax?
A. Retailers can issue discounts or coupons to reduce the sales price of an item to $100 or less, which will qualify it for the exemption.
So enjoy a week of tax-free shopping in Maryland. You can save 6%.
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