ON YOUR SIDE: What you need to know about the Tax Free Holiday in Arkansas, Missouri

SPRINGFIELD, Mo. (KY3) - Arkansas’ and Missouri’s 2021 tax-free weekends happen this weekend.

The sales tax holiday runs from Friday, August 4, to Sunday, August 6, in Missouri. It goes from Saturday, August 5, to Sunday, August 6, in Arkansas.

Missouri:

New this year for Missouri, lawmakers passed a law waiving all taxes. Cities and counties will not have the option of opting out, as in years past. This even applies when you shop online.

The sales tax exemption is limited to the following items and restrictions:

Clothing – any article having a taxable value of $100 or less
School supplies – not to exceed $50 per purchase
Computer software – taxable value of $350 or less
Personal computers – not to exceed $1,500
Computer peripheral devices – not to exceed $1,500
Graphing calculators - not to exceed $150

CLICK HERE for more details of qualifying tax-free items

Arkansas:

Arkansas will hold its sales tax holiday, allowing shoppers to purchase specific electronic devices, school supplies, school art supplies, school instructional materials, and clothing free of state and local sales or use tax.

All retailers must participate and may not charge tax on legally tax-exempt items during the Sales Tax Holiday.

CLICK HERE for lists: https://www.dfa.arkansas.gov/excise-tax/sales-and-use-tax/sales-tax-holiday/