Oklahoma Sales Tax Holiday: August 6-8, 2010

Beginning at 12:01 am on Friday, August 6, 2010 and ending at twelve midnight on Sunday, August 8, 2010, Oklahoma will hold a sales tax holiday giving shoppers the opportunity to purchase certain clothing and shoes free of sales tax. This includes state and any local sales taxes.

Retailers are required to participate and may not charge tax on items that are legally tax-exempt during the sales tax holiday. The sales tax holiday exempts the sale of clothing and shoes priced at less than $100 from sales taxes.

Below are Frequently Asked Questions regarding the Sales Tax Holiday in Oklahoma.

• What is a sales tax holiday?
• Why is Oklahoma having a sales tax holiday?
• When is the Oklahoma sales tax holiday?
• What items are exempt from sales tax during the sales tax holiday?
• What items are not exempt from sales tax during the sales tax holiday?
• Who may make sales tax-exempt purchases?
• Are all retailers required to participate?
• Is there a maximum price before an item becomes taxable?
• What if a retailer has a “bogo”—buy one, get one free sale?
• What if the retailer or purchaser has a coupon that reduces the purchase price of an item to less than $100?
• How is an exchange of merchandise handled?
• Do items placed in layaway qualify for an exemption from sales tax?
• I am ordering items online. Will these qualify for the sales tax holiday?
• What if a retailer runs out of an item and offers a raincheck. Will the transaction still be sales tax exempt?
• On the sales tax report form where do retailers report the exempt sales made during the sales tax holiday?
• Is there a listing of items that are exempt?