MISSOURI – This weekend marks the start of Missouri’s Show Me Green Sales Tax Holiday, giving residents a chance to save money on energy-efficient appliance upgrades.
From April 19-25, shoppers won’t have to pay a state sales tax on qualifying ENERGY STAR appliances for up to $1,500 per item.
ENERGY STAR-certified appliances meet energy efficiency guidelines set by the U.S. Environmental Protection Agency. These products ultimately use less energy, reduce greenhouse gas emissions and help consumers cut utility costs.
The Show Me Green Sales Tax Holiday initiative is part of a boarder effort to encouraged eco-friendly choices and long-term savings.
The state says the following ENERGY STAR appliances qualify for the sales tax holiday:
- Air conditioners
- Clothes dryers
- Clothes washers
- Dishwashers
- Freezers
- Furnaces
- Heat pumps
- Refrigerators
- Water heaters
According to the state, the exemption applies to the first $1,500 of the purchase price for each qualifying appliance. Any amount over $1,500 will be taxed at the regular state rate.
Online purchases are also eligible for the sales tax holiday, as long as they’re made through a Missouri-based business and meet timing and product requirements. The tax exemption should be available in all cities, counties and districts, according to the Missouri Department of Revenue.
One other key consideration: All qualifying sales for the Show Me Green holiday will have a sales tax rate of zero percent and should be reported under the adjustment column of your sales tax return.
The tax holiday begins at 12:01 a.m. Saturday, April 19 and ends at midnight on Friday, April 25.
For a closer look at Missouri’s Show Me Green Sales Tax Holiday, click here.