SAN RAMON, CA – July 23, 2009 – Sabrix, Inc., a leading provider of transaction tax management for companies of all sizes, today announced support of the latest back-to-school tax breaks, which were created to offer consumers and retailers much needed relief from the continuing economic downturn.

Researched by Sabrix’s multi-disciplinary professionals in tax law, accounting, and audit, the back-to-school tax breaks will be automatically integrated into Sabrix’s entire product line ensuring that retail clients continue to achieve compliance with confidence. As other jurisdictions update their respective tax rates in response to the weak economy, Sabrix’s SAS 70 Type II Certified tax research proactively identifies legislative changes to ensure Sabrix customers will continue to seamlessly stay compliant without the hassle of researching and keying in the new tax breaks.

“For affected retailers, achieving compliance with the back-to-school tax breaks will require considerable effort,” said Carla Yrjanson, Sabrix’sVice President of Tax Research. “Our clients can be confident in the fact that we are monitoring the tax holidays and including them into our entire product line so that they can remain in compliance without the operational hassles.”

The news comes on the heels of the National Retail Federation’s 2009 Back to School Consumer Intentions and Actions Survey, conducted by BIGresearch, which revealed that the average family with students in grades Kindergarten through 12 is expected to spend $548.72 on school merchandise, a decline of 7.7 percent from $594.24 in 2008. The survey also revealed that spending in most back-to-school categories is expected to decrease, with one bright spot: electronics, which is expected to increase 11 percent.

“The economy will likely create a difficult back-to-school season for retailers,” added Yrjanson. “We are pleased to help our retail clients focus on managing their businesses and maximizing sales while we manage the cumbersome tax holiday rules.”

States differ on the variety of items that are exempt and the threshold amount. Most states will exempt clothing and footwear, while others will also exempt school supplies and computers as well. Listed below are the different states offering tax holidays, the dates of the tax break and what items qualify.

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