Oklahoma’s annual sales-tax free weekend starts at 12:01 a.m. Friday and ends at midnight Sunday.
The sales-tax exemption only applies to specific clothing and shoe purchases, and those items are exempt from state, city, county and local municipality taxes.
There is one other stipulation. If an item of clothing or shoes costs more than $100, consumers will pay sales tax on that item.
Oklahoma has observed a sales-tax holiday since 2007 when lawmakers determined Oklahoma was losing sales to other states which had tax-free weekends.
It has been estimated Oklahoma’s tax-free weekend saves residents $7 million every year.
What items are exempt from sales tax during the sales-tax holiday?
Clothing means all human wear apparel suitable for general use. Here’s a nonexclusive list of exempt clothing. Aprons, athletic supporters, baby receiving blankets, bathing suits and caps, belts and suspenders, coats and jackets, costumes, diapers, ear muffs, formal wear, gloves and mittens, hats and caps, hosiery, insoles for shoes, neckties, scarves, shoes, including steel-toed and boots, slippers, sneakers, socks and stockings, underwear, athletic and nonathletic uniforms.
What are some items that are not exempt?
Special clothing or footwear designed primarily for athletic or protective uses. Other items include handbags and wallets, luggage and watches and other accessories.
Are all retailers required to
Yes, they can’t charge tax on items that are tax-exempt during the sales-tax holiday. The sales-tax exemption applies to mail, telephone, email or internet sales as well.
What if I have a coupon or receive a discount because I have a loyalty card?
If a retailer offers a discount to reduce the price of an eligible item to less than $100, the item will qualify for the sales tax exemption.
For more information about the sales-tax holiday, visit the Oklahoma Tax Commission website: www.ok.gov/tax.
What if a retailer is offering a buy one, get one free sale?
The total price of the buy one, get one free items cannot be averaged to qualify for the exemption. However, if the item of merchandise purchased is less than $100, it qualifies for the tax exemption.