Oklahoma Schedules August Tax Holiday
The Oklahoma Tax Commission reminds
taxpayers that the annual sales tax holiday for qualifying clothing and footwear
begins this year at 12:01 am on Friday, August 3, 2012 and runs through midnight
on Sunday, August 5, 2012. During the three-day holiday period, the sale of any
article of clothing or footwear with a sales price of under $100 is exempt from
state, county or municipal sales tax.
South Carolina Governor Signs Budget, Provides
Teacher Tax Exemption
South Carolina Governor Nikki Haley
(R) has signed the fiscal year 2012-2013 budget bill, which contains a personal
income tax exemption for teachers who purchase school supplies. The bill
provides that all certified, public, and special school teachers and guidance
counselors who are employed by a school district or charter school as of
November 30 may receive reimbursement of up to $275 each school year. The
reimbursement is exempt from state income tax and designed to offset expenses
incurred for teaching supplies and materials.
No comments:
Post a Comment