Post details: Massachusetts --Sales and Use Tax: Tax Holiday Bill Passed

07/24/08

Permalink 12:17:15 pm, Categories: News, 79 words   English (US)

Massachusetts --Sales and Use Tax: Tax Holiday Bill Passed

CCH (cch.taxgroup.com) reports:

  The Massachusetts Senate and House of Representatives have passed legislation that would authorize a sales tax holiday from August 16-17, 2008. Sales tax would not apply to non-business retail sales of tangible personal property with a price of up to $2,500 per item. The tax holiday would not apply to sales of telecommunications, tobacco products, gas, steam, electricity, motor vehicles, motorboats, or meals.

H.B. 4995, as passed by the Massachusetts Senate and House of Representatives on July 22, 2008.
 

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