When is Arkansas' tax free weekend?
Arkansas will implement its 2025 tax-free weekend on August 2-3, waiving state and local sales taxes on designated items. Eligible purchases include clothing and footwear priced under $100, accessories under $50, and a range of school supplies and materials. The state sales tax is 6. 25%, while the average combined local tax rate reaches approximately 9. 46%.
This initiative aims to alleviate the financial strain of back-to-school shopping, benefiting families across the state. A backpack that typically costs $54. 73 after tax will be available for $50 during this event. The state has established clear definitions for the qualifying items to assist shoppers. Local officials hope this tax holiday will encourage spending and support local businesses.
The Tax Foundation highlights that such initiatives can stimulate the economy by boosting consumer confidence and spending.