Tax-free weekend approaching Aug. 5 through 7
It’s almost that time of year again — tax-free weekend, when everyday shoes and clothes costing less than $100 will be untaxed.
On Aug. 5 through 7, clothing and shoes costing less than a $100 per item are required by law to be exempt from sales tax during that period.
Anything from belts to scarves will qualify, according to the Oklahoma Tax Commission’s website.
Disqualified are accessories and special athletic and protective gear.
The law was passed in 2007 to boost the economy, but consumers benefit also because it reduces their cost at the cash register.
The college takes part as well.
For students looking to buy T-shirts or other college clothing, there will be a small window to use the discount on campus, said Kim White, Bookstore Finances and Student Accounts coordinator.
OCCC’s bookstore will be open from 7:45 a.m. to 5 p.m. Friday of that weekend, she said.
White, who has worked for the bookstore for more than 20 years, said the sales tax in Oklahoma City is 8.735 percent. So, for the non-math majors reading this, you can save up to $8.74 per $100.
She said the bookstore sells a little more clothing on that day to “the people who are aware of (the Tax free weekend).”
However, she said, the time of year — August intersession — is not a particularly busy time of year.
The Outlet Shoppes at Oklahoma City, located on Interstate-40 and Council Road, will open its doors for the first time that weekend.
The mall includes many popular stores including Nike, Under Armour, and Gap.
More complete information on the holiday can be found on the Oklahoma Tax Commission’s website www.tax.ok.gov/stholiday.html.
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