Business
Saturday is the End of Tax Exempt Shopping Week: What’s Exempt & What Isn’t
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With the start of school just around the corner, take advantage of the upcoming “Tax Free Week” which runs through the end of today, Saturday, Aug. 27. This one-week event eliminates Connecticut’s 6.35 percent sales tax on clothing and footwear costing less than $100 per item. Additionally, new and used college textbooks are exempt from the state 6.35 percent sales tax for students who present a valid college ID at the time of purchase. Since sales tax is calculated after the use of any coupons or discounts, if the final price is less than $100, the sale is exempt from taxes.