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Here's what is tax free, exclusions. Gannett. Catherine Messier, USA TODAY NETWORK - New England. August 9, 2024 at 8:23 AM. ... What items are excluded from Massachusetts tax free weekend?
It's every shopper's favorite weekend of the year - tax free weekend is almost here in Massachusetts. This year, the sales tax holiday will take place on Saturday, Aug. 10 and Sunday, Aug. 11. For ...
The state's annual Sales Tax Holiday is back, meaning people can save 6.25% on most items under $2,500 on Saturday and Sunday. Here's what you can and can't get tax-free in Mass. this weekend ...
A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment, although the arrangement has also been characterized as a form of corporate welfare that leads to a redistribution of resources away ...
Chapter 61 is a voluntary current use program designed by the Massachusetts Legislature to tax real property in the Commonwealth of Massachusetts at its resources value rather than its highest and best use (development) value. Landowners who enroll their land in the program receive property tax reductions in exchange for a lien on their ...
When Is Tax-Free Weekend in 2025? Tax-free weekends vary from state to state — and from purpose to purpose. For example, many states offer tax-free weekend sales exclusively for the back-to ...
Liquor retailers in the state had argued that the 6.25 percent sales tax on alcohol is making sales decline, that more people are heading to New Hampshire to buy their alcohol, since that state is tax-free. According to retailers, liquor sales in Massachusetts have declined from 10 to 40 percent in the past year. [7]
Even with a private meeting to discuss movement on stalled legislative initiatives, Massachusetts lawmakers are no closer to getting it done Tax relief for Massachusetts residents is on its way ...