Posts Tagged ‘August Sales Tax Holiday’

The 81^st Legislature made significant changes to Texas tax laws.

The changes include the following:

• a new exemption from state and local sales and use taxes for certain school supplies during the annual August Sales Tax Holiday
• revisions to the collection and allocation of local sales and use taxes
• a new exemption for crude oil and natural gas taxes
• a new method for calculating the tax on tobacco products other than cigars
• a revised payment process for losses covered by the Texas Windstorm Insurance Association
• a revision to the motor vehicle orthopedic handicap exemption
• a new Prepaid 9-1-1 Emergency Service Fee

For more information about these changes to Texas tax laws and how they may affect you, please see the Legislative Update at www.window.state.tx.us/taxinfo/taxpubs/st_update.html