YAY! No sales tax in NM this weekend

[landusepbb]

August 5-7 is the Gross Receipts Tax Holiday in New Mexico. No sales tax on lots of stuff, most retailers are participating.

New Mexico shoppers will get a break on state and local taxes on August 5-7 – during
the state’s first “Back to School” gross receipts tax holiday. Nontaxable items include:
clothing and footwear under $100, school supplies such as pens and paper - that are
typically used in a classroom setting - computers under $1,000, assorted computer
equipment under $500.
Excluded from the tax holiday are accessories such as watches, wallets, handbags
and a specific list of supplies such as sports equipment, or clothing specifically designed
for athletic wear.
Participation in the Back to School Gross Receipts Holiday is voluntary. Retailers
are not required to participate. If a retailer chooses not to participate - you will be
required to pay gross receipts tax on your purchases.
Below is a selected list of items that are not taxed during the tax holiday period.
For a complete list of items that are exempt from taxes during the tax holiday go to:
www.state.nm.us/tax and click on Tax Holiday item list.
Clothing, Footwear and Accessories
(Under $100)
Aerobic clothing
Baby clothes & diapers
Belts with and without buckles attached
Boots, general purpose
(winter, dress, cowboy)
Book bags
Camp clothing
Caps and hats, including sports
Coats and wraps
Dresses
Jeans
Jogging apparel
Neckties, scarves
Overshoes, rubber shoes
Pajamas
Pants
Raincoats
Shoes
Shirts
Sleepwear
Suits, slacks, jackets & sports coats
Under garments
Back to school Items
(Individual or unit (packaged items)
Under $15)
Assignment books
Art supplies
Backpack (for school)
Calculators
Chalk
Clipboards
Construction paper
Colored pencils
Compasses
Composition books
Crayons
Daily planner
Divider folders
Flash cards
Glue
Highlighters
Lunchboxes
Notebooks
Paper
Pens, pencils
Rulers, Scissors
Computers & Related Items
(Computers $1000 or less)
(Computer equipment $500 or less)
CDs (Blank)
Computer, desktop, laptop or notebook
Computer cables, hard drive and key board
Computer memory equipment (disks, jump drives)
Computer microphones & speakers
Computer modems & motherboards
Computer monitor
Computer mouse
Computer printer
Printer paper

For the complete list:
http://www.state.nm.us/tax/B-200_18T...ayItemList.pdf

Lead article is at:
http://www.state.nm.us/tax/pubs/BackToSchool.pdf

Complete publication at:
http://www.state.nm.us/tax/pubs/FYI-203.pdf

[Binford]

Same for us in Texas this weekend.