Louisiana – 2012 Sales Tax Holiday

SALT Report 1606 – Louisiana is holding their annual sales tax holiday on Friday, August 3, and Saturday, August 4, 2012. During the sales tax holiday the first $2,500 of the purchase price of each eligible item will be exempt from the 4% state sales tax.
The sales tax exemption applies to individual items of tangible personal property under the following conditions:
  • The customer buys and accepts delivery of eligible property
  • The customer places property on layaway
  • The customer acquires property that was previously placed on layaway, or
  • The customer places an order for immediate delivery, even if delivery must be delayed, provided that the customer has not requested delayed shipment

The sales tax holiday applies to the 4% state sales tax but does not apply to the sales taxes imposed by parishes, municipalities, school boards, and other political subdivisions of the state, unless the local taxing authority provides its own exemption.

Cash Register Reprogramming Credit

Dealers who incur costs to reprogram cash registers as a result of the change in the state sales and use tax rate will be allowed credits on their sales tax returns of up to $25 for each cash register reprogrammed.

Dealers whose point-of-sale cash registers are controlled by a host computer can deduct the costs invoiced by the service providers to reprogram tax rate information in those computers.  The deduction cannot exceed $25 times the number of cash registers controlled from the host computers.

The credit is deductible on Line 12A of the state sales and use tax return.  Dealers must provide copies of the invoices from the external service providers to support the amount of credit claimed.

For Further Information:

Louisiana Department of Revenue – Press Release