THE COMMONWEALTH OF MASSACHUSETTS
DEPARTMENT OF REVENUE
NOTICE OF PUBLIC HEARING
The Department of Revenue (“DOR”) is holding this public hearing remotely. Details and instructions for participating and testifying remotely (such as through a phone line or online connection) at the remote public hearing will be published online at https://www.mass.gov/service-details/public-hearings-dor and are included in this notice below. If you plan to testify at the remote hearing, DOR strongly encourages you to register in advance; see below for instructions. DOR encourages you to submit written testimony in addition to, or instead of, providing testimony at the hearing; see below for instructions. Additionally, requests for copies of the proposed regulation will not be accepted in person. Details for obtaining copies of the proposed regulation are set forth below.
Join Zoom Meeting
https://us02web.zoom.us/j/86187951004?pwd=KDEHuJwKdWWBIZ3gEBI8ZMHS2TYDVf.1
Meeting ID: 861 8795 1004
Passcode: 543338
---
Dial by your location
• +1 309 205 3325 US
Find your local number: https://us02web.zoom.us/u/kj5ZtWWkL
Pursuant to the provisions of General Laws Chapter 14, Section 6(1), Chapter 30A, Section 2, and Chapter 62C, Section 3, the Commissioner will hold a public hearing on the following proposed regulation:
830 CMR 62B.2.4: Withholding on Sales of Massachusetts Real Estate
Scheduled Hearing Date:
Tuesday, April 29, 2025, at 11:00 a.m.
Subject Matter:
830 CMR 62B.2.4 establishes and explains the withholding requirements that apply to the proceeds of sales or transfers of Massachusetts real estate. These requirements are intended to facilitate the collection of personal income tax under M.G.L. c. 62 or the corporate exciseunder M.G.L. c. 63, on behalf of transferors of Massachusetts real estate, as authorized under M.G.L. c. 62B, § 2. Generally, these requirements apply when the transferor is a nonresident and the gross sales price is $1,000,000 or more. The proposed regulation provisions are effective for real estate closings that occur on or after June 1, 2025.
Information:
Individuals who notify DOR of their intent to testify at the hearing will be afforded an earlier opportunity to speak. Speakers are strongly encouraged to notify DOR of their intention to testify at the hearing by emailing their full name, mailing address and organization or affiliation, if any to RulesandRegs@dor.state.ma.us by April 28, 2025.
Individuals may also submit written testimony by emailing the Rulings and Regulations Bureau at RulesandRegs@dor.state.ma.us.
Please submit electronic testimony as an attached Word document or as text within the body of the email with the name of the regulation in the subject line. All submissions must include the sender’s full name, mailing address, and organization or affiliation, if any. Individuals who are unable to submit testimony by email should mail written testimony to the Rulings and Regulations Bureau, Post Office Box 9566, Boston, Massachusetts 02114-9566. Written testimony must be submitted by 5:00 p.m. on April 29, 2025.
Copies of the proposed regulation will be sent electronically via e-mail to practitioners who are on the Rulings and Regulations Bureau's e-mail list. In addition the proposed regulation is posted on the Department of Revenue's Web site at: https://www.mass.gov/info-details/proposed-regulations-dor.
/s/Geoffrey E. Snyder
Geoffrey E. Snyder
Commissioner of Revenue