The annual Louisiana sales tax holiday will be Friday and Saturday. Most retail purchases will be exempt from the 4% state sales tax, the Louisiana Department of Revenue says.
The sales tax holiday begins at 12:01 a.m. Friday and continues through all of Saturday. By state law, the holiday takes place each year on the first consecutive Friday and Saturday in August. The sales tax exemption applies to the first $2,500 of the purchase price of most individual items of tangible personal property for nonbusiness use. State sales tax is to be paid on that portion of the price—of any individual item—in excess of $2,500. The exemption applies only to the 4% state sales tax. It does not apply to sales taxes collected by parishes, towns, school boards and other local taxing authorities. All retailers are required to participate by offering the tax exemption at the time of sale.
