ANNAPOLIS, Md. (WJZ) — Comptroller Peter Franchot announced that Maryland Tax-Free week returns Aug. 8-14.
“Tax-free week is simply a rite of Maryland’s precocious summer, signaling the attack of a caller schoolhouse year, cooler upwind and a alteration of wardrobe,” Comptroller Franchot said. “Maryland’s precocious vaccination rates means beingness is opening to instrumentality to normal. While I proceed to impulse caution, Marylanders should instrumentality vantage of tax-free week savings and enactment locally owned businesses that person been deed hard during the pandemic.”
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During the week, covering and footwear $100 oregon little volition beryllium exempt from the state’s six percent income tax. Additionally, the archetypal $40 of immoderate backpack acquisition volition besides beryllium tax-free.
The Comptroller’s Office is besides partnering with the Maryland Retailers Association to connection scholarships to 2 students attending a university, assemblage oregon commercialized schoolhouse successful Maryland. $1,000 volition beryllium awarded to the archetypal spot victor and $500 for the second-place winner.
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Interested students tin email a originative photograph oregon video successful little than seconds promoting tax-free week, showcasing their purchases and enactment of Maryland retailers to shopmdtaxfree@marylandtaxes.gov.
Entries besides should beryllium posted connected Facebook, Twitter, Instagram oregon TikTok utilizing the hashtag #shopmdtaxfree.
“Small businesses beryllium connected their assemblage to past unexpected and long-lasting economical downturns and we are conscionable opening to travel retired from nether the crushing value of the pandemic,” said Cailey Locklair, president of the Maryland Retailers Association. “Students tin triumph a assistance simply by utilizing their ingenuity to beforehand a section business.”
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