24 May Attention Texas Retailers
As you all know, this weekend is the Texas Sales Tax Holiday and certain Energy Star, Water Conserving, and WaterSense products qualify as leasable items.
The great news is, there’s nothing ‘extra’ for you to do. Ring the transaction as you normally would.
TEMPOE will take care of the rest! We will adjust leases accordingly, after the lease transaction has been completed, but before their first regular payment is due to ensure that all qualifying items are tax-exempt.
PLEASE NOTE: The lease adjustment will include backing out any tax paid on their first in-store payment.
Should you have any questions about qualifying items or how the Tax Holiday works, you can find more information here: https://comptroller.texas.gov/taxes/publications/96-1331.php or, by calling 800-252-5555.
Our Retail Support team is always available to answer any additional questions you may have relative to how this will be handled in the customer’s lease agreement. You may call your Retail Support Associate or email us at OpsHelpDesk@TEMPOE.com
At Your Service,
Your TEMPOE Team