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 transactions are subject to the sales tax in Massachusetts?
- Sales in Massachusetts of computer hardware, computer equipment, and prewritten computer software, regardless of the method of delivery, and reports of standard information in tangible form are generally subject to the Massachusetts sales tax.
How do you calculate Massachusetts sales tax?
The state general sales tax rate of Massachusetts is 6.25%. Massachusetts cities and/or municipalities don’t have a city sales tax. Every 2021 combined rates mentioned above are the results of Massachusetts state rate (6.25%). There is no county sale tax for Massachusetts.
What is the tax on items 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.
Is there a tax on food in Massachusetts?
Introduction. 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 the sales tax on 7000 dollars?
Tax Value = 7525 – 7000 = 525.
How do I figure out sales tax on a total?
Multiply retail price by tax rate Your math would be simply: [cost of the item] x [percentage as a decimal] = [sales tax]. That’s $100 x. 05 =$5. Since you’ve figured out the sales tax is $5, that means the total you’ll pay is $105.
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 tax on restaurant food?
Although restaurants are not required to pay sales tax on food that they purchase for resale, they are required to collect sales tax on food that they sell to their own customers. Most states put restaurant food, or prepared food, in a different category from grocery food.
Is there tax on shoes in Massachusetts?
Clothing and footwear priced $175 or less per item/pair are generally exempt from Massachusetts sales tax use tax. Sales tax applies to any individual clothing item or pair of shoes priced above $175.
Is there tax on alcohol in Massachusetts?
The ballot measure for the 2010 ballot was added after the Massachusetts State Legislature increased the sales tax in the state from 5% to 6.25% and eliminated an exemption for alcohol sold in liquor stores. The Measure passed with 52% of the vote thereby eliminating the sales tax on alcohol beginning January 1, 2011.
Do you pay sales tax on a house in Massachusetts?
Massachusetts Home Buyer Guide No, Massachusetts home buyers do not pay taxes on the purchase of real estate, but home sellers do pay something called tax stamps.
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.