Guidelines, Opinions, Advisories and FAQs

This Informational Guideline Release (IGR) explains the procedures for the quarterly tax billing and payment system and establishes tax bill requirements under that system.

This Informational Guideline Release (IGR) announces that FY2023 deductions from gross receipts for Clause 41s senior personal exemption increased by 5.9% over FY2022.

This Informational Guideline Release (IGR) announces that for FY2023, 7.0% is the (1) maximum local option cost-of-living-adjustment (COLA) increase in Cl. 17 (surviving spouse/minor & elderly) exemption amount; (2) optional COLA applied to increased asset limit of Cl. 17s exemptions; (3) optional COLA applied to increase income & asset limits of Cl. 41s senior exemptions

This Informational Guideline Release (IGR) announces that for calendar year 2022, there is a 7.0% increase in maximum valuation for parcels qualifying for land of low value foreclosure procedure to a new maximum of $24,804.

This Informational Guideline Release (IGR) informs city, town and district treasurers and other officials about borrowing purposes and debt issuance procedures, including changes made by the Municipal Modernization Act and by An Act Relative to Immediate COVID-19 Recovery Needs.

This Informational Guideline Release (IGR) explains to local officials the adjustments made to a Proposition 2½ debt exclusion when premiums are received in connection with the sale of the bonds or notes for the excluded borrowing and when surplus loan proceeds remain after the project or purpose of the borrowing is completed.

This Informational Guideline Release (IGR) provides assessors, local officials and energy system owners with information about property tax exemptions for solar powered systems, wind powered systems, fuel cell powered systems and energy storage systems, including under a negotiated tax agreement.

This Informational Guideline Release (IGR) informs local officials about the procedures and requirements of departmental revolving funds.

This Informational Guideline Release (IGR) is to advise local officials about tax collection and tax abatement agreements with developers of affordable housing, including changes made by the Municipal Modernization Act in 2016. It also includes standards and procedures for tax agreements and accepting and implementing a local option law that permits tax agreements in connection with the cleanup of contaminated sites or “Brownfields.”

This Informational Guideline Release (IGR) sets forth requirements for local assessors to assess partially completed construction improvements in common areas of phased unit condominium developments to include them as new growth on municipal tax rolls. As of January 1, 2017 for fiscal year (FY) 2018, assessors no longer have to obtain prior written approval from the Commissioner of Revenue to assess taxes on the holders of a present interest.