THE START OF SCHOOL IS FAST APPROACHING AND THAT MEANS ANOTHER ANNUAL TAX HOLIDAY FOR NEW MEXICO SHOPPERS. STARTING THIS FRIDAY AND THROUGH THE WEEKEND, NO SALES TAX WILL BE CHARGED ON PURCHASES OF SCHOOL SUPPLIES, COMPUTERS AND SOME CLOTHING AND SHOES AT PARTICIPATING RETAILERS.
THERE ARE LIMITS IN ALL THE CATEGORIES. COMPUTERS AND TABLETS ARE TAX-FREE UP TO ONE-THOUSAND DOLLARS. COMPUTER HARDWARE UP TO 500 DOLLARS. CLOTHING AND SHOES HAVE A 100 DOLLAR LIMIT. AND YOU CAN BUY SCHOOL SUPPLIES WITHOUT PAYING TAX, AS LONG AS YOU KEEP IT UNDER 30 DOLLARS.
THE ENTIRE LIST IS POSTED ON THE TAXATION AND REVENUE DEPARTMENT'S WEB SITE.
