Potomac Mills to Join in Sales Tax Holiday for School Supplies

will be offering a back-to-school “super sale” in conjunction with tax-free holiday Aug. 5 – 7. 

The mall will have three days of “special promotions and state sales tax-exemption on select items from participating retailers throughout the mall.”

Tax-exempt holiday items include; school supplies selling for $20 or less and clothing or footwear selling for $100 or less per item.  Shoppers can find out more by visiting the Virginia Department of Taxation.

The sales tax holiday is available to anyone – not just those preparing for school – and all Virginia retailers who sell the exempt products must participate. During the sales tax holiday, retailers may also choose to save taxpayers even more by opting to pay the sales tax themselves on items that are not exempt under the guidelines.
 
“When the General Assembly unanimously approved this sales tax holiday in 2006, it did so with the intent of giving families preparing for school a needed tax break,” said Gov. Bob McDonnell.

“Returning to class is an exciting time for students, but it can also be a stressful time for their parents. Saving five percent on their purchases is not a great deal, but every bit helps in this struggling economy. I urge all Virginians to go out and save money, while supporting our retail community,” the governor said.
 
The 2011 holiday is expected to save Virginians an estimated $4.3 million in sales tax. Virginia also holds sales tax holidays for Energy Star- and WaterSense-qualified products in October and for hurricane preparedness in May.