Hola, TNT! Yesterday was Cyber Monday, the online equivalent to Black Friday! On this 2-minute episode we will answer the most frequently ask question whether these shopping days are tax free.
Unfortunately, from a sales tax standpoint, they are not. Whether purchasers buy online or in store, they are responsible for paying tax on their purchases.
But don’t lose hope, some lucky shoppers will find that their dollars go further if they live in states with low or no sales tax. Below are five of the best states for Black Friday shopping: Alaska, Delaware, Montana, New Hampshire, and Oregon.
On your next Black Friday shopping, you may reconsider spending your Thanksgiving day on those tax haven states.