Overview
For the fiscal year ended June 30, 2025, we have determined that the net state tax revenues of $41,683,046,477 were below the allowable state tax revenues of $46,384,735,613 (as defined in Chapter 62F of the Massachusetts General Laws) by $4,701,689,136, resulting in no excess state tax revenues (see Exhibit I). As a result, no credit is required to be issued to taxpayers.
Date published: | September 15, 2025 |
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