Massachusetts – Last Sales Tax Holiday Cost State Up To $38M

Boston – Businesses and consumers in Massachusetts are gearing up for the annual sales tax holiday that arrives this weekend, when the state will forego millions of dollars in revenue in an effort to drive economic activity.

The two-day tax suspension, set for Aug. 17 and 18, will allow shoppers to avoid paying the 6.25 percent sales tax on most retail items — excluding food and drink at restaurants — less than $2,500.Advertisement

National Federation of Independent Business State Director Christopher Carlozzi described the upcoming event, the latest in a Massachusetts tradition, as “an excellent opportunity to support the small businesses that support our communities every year.”

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By chris lisinski
August 14, 2019