Georgia holds 2nd sales tax holiday of 2012 - WTVM.com-Columbus, GA News Weather & Sports

Georgia holds 2nd sales tax holiday of 2012

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ATLANTA (AP) - Georgians who buy appliances this weekend can save some money on sales taxes if they buy energy-efficient models.

The state will have its second sales tax holiday of the year Friday through Sunday.

The Atlanta Journal-Constitution reports that shoppers will not have to pay sales tax on Energy Star or WaterSense items with a purchase price of $1,500 or less.

The year's first tax holiday was in August for back-to-school shopping.

State fiscal economist Ken Heaghney estimated the energy tax holiday would cost the state $2 million. The back-to-school holiday was expected to cost $38 million.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


During the October 5-7 sales tax holiday, the following items will be exempt:

• Energy efficient products with a sales price of $1,500.00 or less per item; and

• Water efficient products with a sales price of $1,500.00 or less per item.

The exemption does not apply to purchases for trade, business, resale, or commercial use.
  •  
    •  "Energy efficient product" means any energy efficient product for noncommercial home or personal use to include any dishwasher, clothes washer, air conditioner, ceiling fan, fluorescent light bulb, dehumidifier, programmable thermostat, refrigerator, door, or window which has been designated by the United States Environmental Protection Agency and the United States Department of Energy as meeting or exceeding each agency's energy saving efficiency requirements, or which have been designated as meeting or exceeding such requirements under each agency's Energy Star program.
    •  "Water efficient product" means any product used for the conservation or efficient use of water which has been designated by the United States Environmental Protection Agency as meeting or exceeding specific water saving efficiency requirements or which has been designated as meeting or exceeding specific requirements under the agency's Water Sense program.
    • The Department of Revenue will issue a regulation to provide detailed guidance concerning Georgia sales tax holidays.  To receive timely updates about Georgia tax issues and regulations: https://etax.dor.ga.gov/listServ/index.aspx.
For forms and other information, visit www.dor.ga.gov.

 

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