Tax Free Day
Calendar Date:
The Borough Assembly has identified the following two days for the 2022 Tax-Free Days:
- May 21, 2022
- October 15, 2022
Tax-Free days are allowed per WMC 5.08.060 (see below)
A. Declaration of Tax-Free Days. There may be two “Tax-Free Days” declared for each calendar year.
B. Tax-free days are subject to the following:
1. Subject to the other provisions of this section and at the option of the seller, retail sales of goods and services for goods or services purchased and received by the buyer for the two designated tax-free days as requested by the Wrangell Chamber of Commerce and approved by the borough assembly each year are exempt from the borough’s retail sales tax imposed by this chapter.
2. The exemption set forth in subsection (B)(1) of this section does not apply to rentals for any period greater than one day. Sales tax on rents for any period greater than one day shall not be prorated or adjusted in any manner to include a sales tax exemption for the two designated tax-free days of each year.
3. The exemption provided for in subsection (B)(1) of this section shall not apply to taxable sales made by the borough.
4. All sales made under the exemption provided for in subsection (B)(1) of this section shall be reported to the borough as exempt sales using “TFD” as the exemption code for the sale.
