Ohio’s Extended 2024 Sales Tax Holiday: More Savings for Consumers and Increased Retail Activity

• Ohio’s sales tax holiday has been expanded under Ohio House Bill 33
• The holiday will run from July 30, 2024, through August 8, 2024
• This year, the holiday will apply to all tangible personal property priced at $500 or less
• Excluded items include watercraft, outboard motors, motor vehicles, alcoholic beverages, tobacco, vapor products, and marijuana-containing items
• Items over $500 and certain services listed in R.C. 5739.01(B)(3) are also not eligible for the tax exemption
• The expansion aims to offer greater financial relief to Ohio residents and encourage broader consumer spending
• Shoppers and retailers should prepare for increased activity and savings during this period.

Source: salestaxinstitute.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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