Get ready Bay State shoppers. Before it adjourned this weekend, the Massachusetts legislature agreed on an economic development bill that includes a state sales tax holiday on
Aug. 14 and 15.
Details on the upcoming Bay State tax holiday
The bill has gone to Gov. Deval Patrick for his signature.
Although there's no advance word on how he feels about this comprehensive measure, Patrick has said in the past the he would sign legislation into law to establish a 2010 event that would let Massachusetts shoppers avoid the state's 6.25 percent tax on most purchases.
Massachusetts shoppers already get a year-round sales tax break on
groceries, prescription drugs and clothing that costs less than $175 per
In 2008, the last time Massachusetts had a two-day sales tax holiday, the state's sales tax was waived on on most items costing up to $2,500. The 2010 proposal will essentially be the same.During that August 2008 tax holiday, the state's sales tax rate was 5 percent. The Massachusetts sales tax rate went up in July 2009, but there was no tax holiday last year because of budget concerns.
- No Massachusetts tax holiday…yet
- Sales tax holidays 2010
- Memorial Day sales tax holidays
- Show Me sales tax savings
- State use taxes tend to be useless
- State Tax Departments