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Massachusetts Sales Tax Holiday – August 10th & 11th

August 7, 2013 Uncategorized Comments Off on Massachusetts Sales Tax Holiday – August 10th & 11th

Legislation authorizing a Massachusetts sales tax holiday for this weekend, August 10-11, 2013, has recently been enacted. On these dates sales tax does not apply to non business-related retail sales of tangible personal property with a price of up to $2,500 per item. The tax holiday exemption does not apply to the following: telecommunications, tobacco products, gas, steam, electricity, motor vehicles, motorboats, or meals.

The Department of Revenue has issued a release that provides guidance for retailers, including information on eligible purchases, discounts, bundled sales, Internet sales, returns and exchanges, and erroneously collected taxes. A link to the Department of Revenue’s guidance can be found by copying the following URL to your browser:

Yours truly,

Newburg & Company, LLP

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