Comptroller, Md. re­tail­ers an­nounce so­cial me­dia con­test for Tax-Free Week, Aug. 13-19

Maryland Independent - - Business - CAROL SMITH

Comptroller Peter Fran­chot (D) joined with the Mary­land Re­tail­ers As­so­ci­a­tion to­day to an­nounce a new con­test co­in­cid­ing with Shop Mary­land Tax-Free Week that will see two win­ners re­ceive $1,500 and $500 schol­ar­ships, re­spec­tively, to any Mary­land univer­sity, col­lege or trade school, ac­cord­ing to a press re­lease. Comptroller Fran­chot will also visit 9/10 Con­di­tion Sneaker Bou­tique in Bal­ti­more on Tues­day at 1 p.m. to pro­mote tax-free week and the con­test.

Lead­ing up to and dur­ing the an­nual Shop Mary­land Tax-Free Week, which takes place Aug. 13-19, shop­pers should like or fol­low the of­fi­cial so­cial me­dia pages on Face­book (Shop Mary­land Tax Free), Twit­ter (@shop­md­taxfree) and In­sta­gram (@shop­md­taxfree). Then dur­ing the tax-free week, take a pic­ture, write a cre­ative cap­tion and use #shop­md­taxfree to sub­mit an en­try on any or all of the so­cial me­dia plat­forms, ac­cord­ing to the re­lease.

Af­ter tax-free week ends, the Mary­land Re­tail­ers As­so­ci­a­tion, which is pro­vid­ing the schol­ar­ships, will se­lect the two en­tries that best re­flect the spirit of Shop Mary­land Tax-Free Week.

Dur­ing tax-free week, any sin­gle qual­i­fy­ing ar­ti­cle of cloth­ing or footwear priced $100 or less — re­gard­less of how many items are pur­chased at the same time — will be ex­empt from the state’s 6 per­cent sales tax. New this year is the ad­di­tion of back­packs and book­bags to the list of tax-ex­empt items, al­though it only ap­plies to the first $40 of the pur­chase, ac­cord­ing to the re­lease.

In the weeks lead­ing up to and dur­ing Shop Mary­land Tax-Free Week, the comptroller will join the Mary­land Re­tail­ers As­so­ci­a­tion at pro­mo­tional events across the state to en­cour­age shop­pers to take ad­van­tage of th­ese sav­ings and to par­tic­i­pate in the con­test.

To get the lat­est de­tails about Tax Free Week and to en­ter the con­test, like or fol­low the so­cial me­dia pages on Face­book, Twit­ter and In­sta­gram. And be sure to check out the pro­mo­tional video for the Shop Mary­land Tax-Free Week con­test.

Re­sult­ing from leg­is­la­tion passed by the Mary­land Gen­eral As­sem­bly in 2007, the tax-free week is held an­nu­ally dur­ing the sec­ond week in Au­gust. Busi­nesses sell­ing items that are not el­i­gi­ble for in­clu­sion in the tax-free week can still par­tic­i­pate in Shop Mary­land. Un­der “Sell­ers Priv­i­lege,” other un­qual­i­fied mer­chan­dise can be sold tax-free, but the re­tailer is re­spon­si­ble for pay­ing the sales tax owed to the state, ac­cord­ing to the re­lease.

For more in­for­ma­tion on qual­i­fy­ing items, go to www.mary­land­, email tax­ or call 410-260-7980 in Cen­tral Mary­land or toll-free at 1-800-MD-TAXES.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.