Are State Digital Services Taxes Off the Table? Don’t Count On It
The rumors of DST’s death are greatly exaggerated, and tax leaders should keep a close eye on developments.
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Wisconsin will hold its annual sales tax holiday for clothing, school supplies and computers August 1-5, 2018. This gives shoppers the opportunity to purchase eligible items free of state sales tax.
During the sales tax holiday, the following items are not taxable:
It is important to note that leases and rentals are considered a sale for Wisconsin sales tax purposes. If a lease or rental payment is for an exempt item and that item is transferred to the lessee during the sales tax holiday, that lease or rental payment is exempt from sales tax.
For more information about Wisconsin’s annual sales tax holiday, please refer to the State of Wisconsin’s Department of Revenue.
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