Louisiana would create a sales tax holiday during the week before Thanksgiving this year to offset the impacts of the coronavirus pandemic and hurricanes Laura and Delta, if the governor signs off on the proposal.
The one-time sales tax holiday would take effect Nov. 20 and Nov. 21.
- Taxpayers would save about $4.5 million during the two-day tax holiday, according to a legislative analysis. Purchases up to $2,500 over the two days would be exempt from state sales and use taxes.
- The tax holiday wouldn’t apply to purchases of restaurant meals or vehicles requiring a license to operate, Sen....