The Boston sales tax rate is 6.25%
| Taxing Jurisdiction | Rate |
|---|---|
| Massachusetts state sales tax | 6.25% |
| Combined Sales Tax: | 6.25% |
What is Massachusetts sales tax?
The Massachusetts sales tax is 6.25% of the sales price or rental charge on tangible personal property, including certain telecommunication services sold or rented in Massachusetts. Sales tax is generally collected by the seller.
When did mass sales tax go up?
In 2009, the state responded by increasing the sales tax from 5 percent to 6.25 percent, after lengthy debate and compromise.
How do you find the total sales tax?
Multiply the cost of an item or service by the sales tax in order to find out the total cost. The equation looks like this: Item or service cost x sales tax (in decimal form) = total sales tax.
What are the two types of sales tax?
There are two types of use taxes – Consumer Use Tax and Vendor/Retailer Use Tax. Consumer Use Tax is a tax on the purchaser and is self-assessed by the purchaser on taxable items purchased where the vendor did not collect either a sales or vendor use tax.
Does Ma have local sales tax?
Massachusetts has state sales tax of 6.25%, and allows local governments to collect a local option sales tax of up to N/A. There are a total of 336 local tax jurisdictions across the state, collecting an average local tax of N/A. Click here for a larger sales tax map, or here for a sales tax table.
What items are subject to sales tax in Massachusetts?
Goods that are subject to sales tax in Massachusetts include physical property, like furniture, home appliances, and motor vehicles. Prescription medicine, groceries, gasoline, and clothing are all tax-exempt. Some services in Massachusetts are subject to sales tax.
Who pays sales tax buyer or seller?
For the most part, sales taxes must be paid or collected by the seller. In contrast, the responsibility for reporting and paying use taxes generally falls on the purchaser.
What is the sales tax in New Jersey?
The current Sales Tax rate is 6.625% and the specially designated Urban Enterprise Zones rate is one half the Sales Tax rate. Certain items are exempt from sales tax, such as food, clothing, drugs, and manufacturing/processing machinery and equipment.
What is the sales taxes in Texas?
The Texas state sales and use tax rate is 6.25 percent, but local taxing jurisdictions (cities, counties, special-purpose districts and transit authorities) also may impose sales and use tax up to 2 percent for a total maximum combined rate of 8.25 percent.
What are examples of sales tax?
Sales tax is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased. For example, if you purchase a new television for $400 and live in an area where the sales tax is 7%, you would pay $28 in sales tax. Your total bill would be $428.
Why do customers pay sales tax?
The Short Answer: Sales tax is a tax on retail purchases. It is used to pay for state and local budget items like schools, roads and fire departments. The Detailed Answer: Many areas rely on sales tax to fund their budgets, so they are very serious about collecting all the sales tax they are owed.
What type of tax are sales tax?
Sales taxes are a form of excise levied when a good or services is sold to its final consumer. Sales taxes are levied at both the state and local level, and commonly exempt food, utilities and other necessities from taxation.