The Sales Tax Holiday in Tennessee will be more important than ever to our local economy
July 30, 2020
The last weekend in July will begin the 15th annual Sales Tax Holiday in Tennessee, though it will look a little different this year. In June, the General Assembly approved an extension of the 2020 Sales Tax Holiday. Not only did we double the price limits for tax exempt items, but we also included an additional weekend for the retail sale of food and drink at restaurants to be tax-exempt.
Citizens, restaurants and retailers across our community have felt the economic hit from the COVID-19 pandemic, making this Sales Tax Holiday perhaps more important than ever before. It will allow familie...