October Sales Tax Holiday

TaxIf you are in the market for a new appliance, be sure to check this out right away.  Beginning today, October 11th, purchases of certain WaterSense and Energy Star qualified products are exempt from Virginia sales tax.  This tax holiday will last until midnight on Monday, October 14th.  Many items including, but not limited to dishwashers, refrigerators, showerheads, and dehumidifiers are eligible for the sales tax exemption provided that the cost price of the item is $2,500 or less and the item is purchased for noncommercial use.  More information including a list of exempt products can be found by going to the Virginia Department of Taxation website.

This report is a publication of Guelich Capital Management LLC, a registered investment advisor.  Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed.  All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change.

 

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