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Saturday, Apr. 30, 2016

Sales tax holiday on "green" appliances

Thursday, April 19, 2012

Missouri's fourth Show-Me Green Sales Tax Holiday will begin on April 19 and will continue through Wednesday, April 25.

People who purchase new ENERGY STARŪ qualified appliances in Missouri during the holiday will save at least 4.225 percent off the purchase. The reduced price represents the elimination of the state's sales tax.

Several local governmental entities have opted to participate in the holiday. Some purchases will be exempt not just from the state sales tax, but also city, county and special district sales taxes. Eleven counties, 48 cities and 16 special districts have opted to participate in the holiday. The participating entities can be found at http://dor.mo.gov/business/sales/taxholi....

The actual purchase of the appliance must take place during the holiday for the sales tax savings to be realized. Any qualified appliance must have the ENERGY STARŪ label on it. ENERGY STARŪ-labeled appliances that qualify for the sales tax exemption are clothes washers, refrigerators, freezers, dishwashers, water heaters, furnaces, air conditioners and heat pumps.

The sales tax exemption applies to the first $1,500 on each appliance. If an appliance costs more than $1,500, the regular sales tax rate is in effect for any of the purchase price above $1,500.

For more information, visit http://dor.mo.gov/business/sales/taxholi....

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