Total receipts $9 million or more (net income) Total receipts $6 million or more but less than $9 million (net income) 63 §§ 32D, 39 that are not Financial Institutions General Business and manufacturing corporations Sales tax on meals, prepared food and all beveragesĪll 'restaurant' food and on-premises consumption of any beverage in any amount.Ī city or town may also charge a local sales tax on the sales of restaurant meals. Up to 3% (local option for cities and towns) Sale, rental or use of tangible personal property, including cigarettes, telecommunications services and certain fuel. Currently this applies for all Barnstable County municipalities.īeginning July 1, 2019, for short-term rentals only, cities and towns are permitted to charge an additional community impact fee up to 3% if an operator has more than one property in that locality or is renting an owner-occupied 2 or 3 family house on a short-term rental basis. In Barnstable, Nantucket and Dukes Counties an additional 2.75% may be charged for the Cape Cod and Islands Water Protection Fund beginning July 1, 2019.

See TIR 05-01 for more information.Ĭape Cod and Islands Water Protection Fund In the cities of Boston, Worcester, Cambridge, Springfield, West Springfield, and Chicopee, an additional 2.75% tax is charged for convention center funding. In addition to the state excise, Massachusetts cities and towns are permitted to charge a local room occupancy excise tax up to 6% (6.5% for Boston). Note that while the statute provides for a 5% rate, an uncodified surtax adds. The state’s room occupancy excise tax rate is 5.7%. Visit TIR 19-14 for surcharge information.

Sales price (less mortgage assumed) of real estate Smokeless tobacco (percentage of price paid by licensee)Ĭigars & smoking tobacco (percentage of price paid by licensee) Still wine, including vermouth (wine gal.)Īlcoholic beverages 15% or less (wine gal.)Īlcoholic beverages more than 15%-50% (wine gal.)Īlcoholic beverages more than 50% of alcohol (proof gal.) Short term capital gains and long-term gains on collectibles

2021 us income tax brackets