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.
What is the retail sales tax in Massachusetts?
Sales tax. The Massachusetts sales tax is 6.25% of the sales price or rental charge of tangible personal property (including gas, electricity, and steam) or certain telecommunications services1 sold or rented in Massachusetts.
What is the sales tax on food in Massachusetts?
Massachusetts imposes a sales tax on meals sold by or bought from restaurants or any restaurant part of a store. The tax is 6.25% of the sales price of the meal.
What is not taxed in Massachusetts?
Traditional Goods or Services 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.
What is Massachusetts state and local sales tax rate?
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.
What is the sales tax on 7000 dollars?
Tax Value = 7525 – 7000 = 525.
What state has the highest sales tax?
The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and Alabama (9.22 percent).
Is toilet paper taxable in Massachusetts?
Among other products, New Jersey exempts toilet paper, diapers, acne cream, and even medicated lip balm from its sales tax. Massachusetts exempts “health care items ” including tampons, diapers, and hearing aids.
Is chocolate taxable in Massachusetts?
Grocery items are generally tax exempt in Massachusetts. This includes soft drinks, candy and other food types that many other states consider taxable.
What states have no sales tax?
The 5 states without sales tax
- Alaska. Known as ‘The Last Frontier’, Alaska is the most tax-friendly state in the country.
- Delaware. The ‘First State’ also does not charge its residents or visitors any state sales tax.
- Montana.
- New Hampshire.
- Oregon.
- Sales tax isn’t the only tax to consider.
What state has lowest sales tax?
Residents of these states pay the least in sales taxes overall:
- Alaska 1.76%
- Oregon 0%
- Delaware 0%
- Montana 0%
- New Hampshire 0%
Is there a luxury tax in Massachusetts?
(WWLP) – In Massachusetts, clothing and shoes are tax exempt, unless you spend over a certain amount. The state’s luxury tax kicks in when you spend more than $175 on an item. It’s the same as the sales tax, 6.25%.
How do I calculate 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. Add the total sales tax to the Item or service cost to get your total cost.
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.
How does MA RMV calculate sales tax?
The use tax is calculated by taking the difference between the Massachusetts use tax rate (6.25%) and the other state’s tax rate, and multiplying that difference by the sales price.