Real Estate in Kansas City North

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Missouri's Sales Tax Holiday for 2007 is Near!


Just a reminder for all you parents in with children going to school.

There is another sales tax holiday coming on August 3rd thru 5th.

The sales tax holiday does not have mandatory participation, local jurisdictions and declare not to participate.

Be sure to ask when going into a store if they are participants of the sales tax holiday.

The Missouri Department of Revenue's site has a list of counties that have opted out.
It can be found here: http://dor.mo.gov/tax/business/sales/taxholiday/counties.htm
I do not see Clay County or Platte County listed!

Here are the limitations for the exemptions:

Clothes - any article having a tax value of $100 or less
Computer Software/Programs - tax value of $350.00 or less
Personal Computers - cannot exceed $3,500
School Supplies - cannot exceed $50 per purchase
Computer Peripherals - (such as printers, etc.) cannot exceed $3,500

Additional information on qualifying items found on the Missouri Department of Revenue site: http://dor.mo.gov/tax/business/sales/taxholiday/consumers.htm


Fran White, REALTOR®
Reece and Nichols Residential
816-682-3897
www.kansascity-realestate.net
www.franwhite.reeceandnichols.com

Comments

I had not heard of a sales tax holiday before, so thanks for the information I will have to check if Connecticut is participating in this.
Posted by George Souto (McCue Mortgage) FHA, CHFA, VA Mortgages CT. over 2 years ago
This is a really nice gesture for families who need to do school shopping.  Every little bit helps.  Sales tax does pay for alot of the services they need.  IMO, just becoming aware of sales tax,which is voted on regularly, is a quiet benefit of thie holiday too.  Some sales taxes are truly beneficial to the general community and should not be resisted.  Others not.   If the rabble is aware of sales tax at all and the project can convince the rabble, then the vote statement is their reward.  But too often, it is just a few cents added onto the WalMart receipt and forgotten.  I would hope that this holiday makes people more apt to vote too.
Posted by JudyAnn Lorenz, Virtual Assistant (Bar JD Communications) over 2 years ago

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