Ohio will offer a sales and use tax holiday on clothing and school supplies. The holiday starts on Friday, August 5, 2016 at 12:00 a.m. and ends on Sunday, August 7, 2016 at 11:59 p.m. During this three-day period, clothing, school supplies and instructional materials are exempt from state and county sales and use taxes.
During the holiday, the following items are exempt from sales and use tax:
• An item of clothing priced at $75 or less;
• An item of school supplies priced at $20 or less; and
• An item of school instructional material priced at $20 or less.
Other important considerations:
• Items used in a trade or business are not exempt under the sales tax holiday.
• The exemption applies to items selling for $75 or less. If an item of clothing sells for more than $75, tax is due on the entire selling price. The same principal applies to school supplies and instructional materials.
• The law does not provide for reimbursement for any costs associated with making the necessary adjustments to point of sale equipment.
• The sales tax holiday is set by law and vendors are required to comply.
Specific questions about compliance should be directed to the Ohio Department of Taxation. Access their frequently asked questions section HERE.