Back-to-school consumers can take advantage of the Missouri sales tax cut. A new modification for Missouri’s annual back-to-school sales tax holiday this year will waive Missouri sales tax at both the state and local levels.
Previously, towns could impose Missouri sales tax over this special weekend. The Missouri Legislature approved Senate Bill 153 in 2021, which eliminated the possibility for local communities to opt out of the Missouri sales tax holiday. This law went into effect this year.
According to a news release from the Missouri Department of Revenue, certain back-to-school purchases made in all cities, counties, and special tax districts will not be subject to Missouri sales tax from Friday, August 4, through Sunday, August 6, at midnight.
You do not have to be a resident of Missouri or a student to join and save. You can enjoy the Missouri sales tax holiday, too.
State and local Missouri sales taxes will not be paid on the following purchases during the Missouri sales tax holiday:
Clothing that does not have a taxable value of more than $100. Any article of clothing meant to be worn on or around the body is eligible, including footwear and disposable diapers for infants or adults. Cloth and other materials used in the manufacture of school uniforms or other school clothes are also included.
School materials cost no more than $50 per transaction and are utilized in a regular classroom for instructional reasons. Textbooks, notebooks, paper, writing instruments, crayons, art supplies, rulers, book bags, backpacks, chalk, maps, globes, handheld calculators, graphing calculators with a taxable value of less than $150, and computer software with a taxable value of less than $350 are examples of school supplies.
Personal computers and computer peripheral devices that do not cost more than $1,500. A personal computer is a laptop, desktop, or tower computer system that includes a central processor unit, random access memory, a storage drive, a display monitor, and a keyboard. Disk drives, memory modules, compact disk drives, daughterboards, digitizers, microphones, modems, motherboards, mouse, multimedia speakers, printers, scanners, single-user hardware, single-user operating systems, soundcards, and video cards are examples of peripheral devices.
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