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Shop Maryland Tax-Free Week will return August 14th through 20th, and Comptroller Peter Franchot wants consumers to take advantage of big discounts that provide a much-needed sales boost for retailers.
“August’s temperatures are sizzling, and so are the savings during Shop Maryland Tax-Free Week,” Franchot said in a Monday press release issued from his office. “Whether you’re looking to freshen up your wardrobe for the cooler months ahead or need to get your kids the latest styles for the new school year, this end-of-summer tradition is a great time to shop, save, and support Maryland businesses.”
Over the course of Shop Maryland Tax-Free Week , any single qualifying article of clothing or footwear priced $100 or less — regardless of how many items are purchased in the same transaction — will be exempt from the state’s 6% sales tax. The first $40 of any backpack purchase will also be tax free.
For more information, Maryland consumers can refer to the list of tax-exempt items, frequently asked questions, and valuable facts for shoppers and merchants, which are all available on the Comptroller’s website. The Comptroller’s social media pages will also promote the special savings week, showcasing local retailers and encouraging shoppers to take advantage of the promotion.
If you have any questions about the information above, please contact your E. Cohen advisor.
