Overview
| Type of State Tax Collected (by Agency) | Gross State Tax Revenues | Refunds and Abatements | Net State Tax Revenues |
|---|---|---|---|
| Department of Revenue (DOR) | |||
| Alcoholic Beverages | $96,262,462 | $122,969 | $96,139,493 |
| Financial Institutions | 23,609,766 | 3,661,192 | 19,948,574 |
| Cigarettes* | 313,406,556 | 896,662 | 312,509,894 |
| Corporations | 4,457,438,609 | 420,814,573 | 4,036,624,036 |
| Deeds | 232,004,846 | 74,976 | 231,929,870 |
| Estate and Inheritance | 800,604,105 | 60,245,457 | 740,358,648 |
| Income* | 29,677,206,236 | 2,917,429,804 | 26,759,776,432 |
| Insurance | 659,781,260 | 46,513,755 | 613,267,505 |
| Motor Fuels and International Fuel Tax Agreement** | 710,513,802 | 3,848,926 | 706,664,876 |
| Room Occupancy† | 436,083,479 | 7,775,704 | 428,307,775 |
| Sales and Use† | 9,948,214,080 | 229,121,346 | 9,719,092,734 |
| Club Alcoholic Beverages | 912,899 | 10,967 | 901,932 |
| Motor Vehicle Excise | 722,540 | 37,449 | 685,091 |
| Convention Center Surcharges | 16,804,201 | 162,703 | 16,641,498 |
| Community Preservation Trust | 49,151,825 | 0 | 49,151,825 |
| Controlled Substances and Marijuana Excise | 183,268,729 | 0 | 183,268,729 |
| Satellite | 4,316,239 | 7,461 | 4,308,778 |
| Statewide Car Rental | 5,698,697 | 1,596 | 5,697,101 |
| Electronic Nicotine Delivery System | 14,861,311 | 3,343 | 14,857,968 |
| Subtotal (DOR) | $47,630,861,642 | $3,690,728,883 | $43,940,132,759 |
| Massachusetts Gaming Commission | |||
| Pari-Mutuel Taxes | 941,404 | 0 | 941,404 |
| Gaming Revenue Tax | 327,030,043 | 0 | 327,030,043 |
| Sport Wagering | 151,839,431 | 0 | 151,839,431 |
| Lottery Commission | |||
| Beano | 469,321 | 0 | 469,321 |
| Raffles and Bazaars | 920,902 | 0 | 920,902 |
| State Athletic Commission | |||
| Boxing Contests | 86,560 | 0 | 86,560 |
| Boxer’s Fund | 20,303 | 0 | 20,303 |
| Division of Insurance | |||
| Excess and Surplus Lines Insurance | 118,314,772 | 0 | 118,314,772 |
| Secretary of State | |||
| Deeds Excise Stamp Tax Fees** | 101,979,655 | 0 | 101,979,655 |
| Department of Unemployment Assistance | |||
| Workforce Training Contribution | 26,987,425 | 0 | 26,987,425 |
| Subtotal (Other Agencies) | $728,589,816 | $0 | $728,589,816 |
| Total DOR and Other Agencies Revenue Before Adjustments | $48,359,451,458 | $3,690,728,883 | $44,668,722,575 |
| Adjustments | |||
| Addition: Deed Excise Tax** | 4,582,348 | 0 | 4,582,348 |
| Less: Community Preservation Trust** | (3,238,150) | (3,238,150) | |
| Less: Surtax Revenues‡ | (2,987,020,296) | 0 | (2,987,020,296) |
| Total (DOR and Other Agencies) | $45,373,775,360 | $3,690,728,883 | $41,683,046,477 |
* This includes income tax penalties assessed under Section 2 of Chapter 111M of the Massachusetts General Laws (totaling $47,425,121) and cigarette excise revenue assessed in accordance with Sections 12 and 70 of Chapter 302 of the Acts of 2008 (totaling $64,142,973) credited to the Commonwealth Care Trust Fund. Fiscal year 2025 tax revenues credited to the Commonwealth Care Trust Fund totaled $111,568,094.
** We made adjustments to the individual line items on Exhibit VI that pertain to the following under/overreported revenues: DOR deeds excise tax, totaling $4,582,348; DOR Community Preservation Fund surcharges, totaling -$3,238,150; Land Court Fees (non-62F revenue fund), totaling -$1,344,197.
† This includes sales, meals, and room occupancy taxes, as well as service fees for the City of Worcester Digital Federal Credit Union Arena and Convention Center Capital Improvement Fund.
‡ Pursuant to Section 17 of Chapter 28 of the Acts of 2023, the 4% income surtax revenues are not subject to the allowable state tax revenue limitations established by Chapter 62F of the General Laws. DOR estimated the 4% income surtax revenues to be excluded from fiscal year 2025 net state tax revenues to be $2,987,020,296. The fiscal year 2025 estimate was based on historical income tax return data, DOR’s vendors’ forecasts of various income sources, and DOR’s capital gains forecast. The fiscal year 2025 estimation methodology represents a modification to the methodology used in fiscal year 2024, which used payment data in addition to the historical tax return data and forecast methodology previously described. DOR changed its estimation methodology because it was determined that the use of payment data resulted in an underestimation of surtax revenue. This adjustment is reflected in Exhibit VI.
| Date published: | September 15, 2025 |
|---|