Massachusetts Sales Tax
Sales Tax in MassachusettsMassachusetts Sales Tax is charged as 5% of the income derived from selling or renting a physical personal property or services coming under the purview of telecommunications. The Massachusetts Sales Tax is added to the sale prices when a transaction is done.
The state of Massachusetts plays an important role in the sales tax scenario of Massachusetts by acting as a controlling body to some extent. It receives the sales taxes from the marketers when the transactions get over.
The taxes received from the sales of automobiles and trailers are paid directly to the state by the buyer.
Massachusetts Sales Tax Filing and PaymentThere are certain rules in place in Massachusetts that govern the sales tax filing and payment. The companies, whose total yearly withholding, room occupancy excise obligations and sales tax amount to at least $10,000, need to file their tax returns. The companies that have registered on the 1st of September 2003 or afterwards are required to pay the taxes through the electronic media.
WebFile for BusinessThe WebFile for Business is the web based facility of the Department of Revenue in Massachusetts. This service enables the sales tax payers in the state to complete the necessary formalities like making payments and filing tax returns.
Taxable Properties in Massachusetts
The state of Massachusetts imposes sales taxes on the following items:
- Dictionaries and encyclopedias
- Bathing and shower caps
- Baby lotions and powders
- Clothing designed to prevent injuries
- Household appliances
- Building materials
- Dietary supplements
- Books and paperbacks
- Adhesive tapes
Tax Exempted Properties in Massachusetts
The following are regarded as exempted from taxes in Massachusetts:
- Books needed by educational institutions for instruction
- Baby oil
- Bathing suits
- Commercial gun safes and trigger lock devices
- Breath-freshening candies
- Fertilizer, fungicides and insecticides
- Diabetic candies
- Religious texts
- Abdominal belts