Updated: January 20, 2023
Rates
|
Type of Tax |
Measure |
Rate |
Return Due |
| Tax year 2022 (File in 2023) Personal income and fiduciary income |
Long term capital gains Dividends, interest, wages, other income |
5.00% | On or before April 15 for calendar year filings. The 15th day of the 4th month for fiscal year filings. |
| Short term capital gains and long-term gains on collectibles |
12.00% | On or before April 15 for calendar year filings. The 15th day of the 4th month for fiscal year filings. |
|
| Tax year 2022 (File in 2023) Nonresident |
Massachusetts source income | 5.00% | On or before April 15 for calendar year filings. The 15th day of the 4th month for fiscal year filings. |
| Tax year 2022 Withholding |
Wages | 5.00% | If annual withholding: up to $100 - annual filing; $101-1,200 - quarterly filings; $1,201-25,000 - monthly filings; over $25,000 - quarterly filings, weekly payments |
|
Estate |
Federal taxable estate |
0.8% - 16% |
Within 9 months after date of decedent's death |
|
Alcoholic Beverages |
Malt (31-gal. bbl.) |
$3.30 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Cider 3%-6% (wine gal.) |
$0.03 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Still wine, including vermouth (wine gal.) |
$0.55 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Sparkling wine (wine gal.) |
$0.70 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Alcoholic beverages 15% or less (wine gal.) |
$1.10 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Alcoholic beverages more than 15%-50% (wine gal.) |
$4.05 |
Monthly, on or before the 20th day of the month. |
|
Alcoholic Beverages |
Alcoholic beverages more than 50% of alcohol (proof gal.) |
$4.05 |
Monthly, on or before the 20th day of the month. |
|
Cigarettes |
20-count package |
$3.51 |
Monthly, on or before the 20th day of the month. |
|
Smokeless tobacco |
Smokeless tobacco (percentage of price paid by licensee) |
210% |
Monthly, on or before the 20th day of the month |
|
Cigars & smoking tobacco |
Cigars & smoking tobacco (percentage of price paid by licensee) |
40% |
Quarterly, on or before the 20th day following the close of the tax period. |
| Electronic Nicotine Delivery Systems | Wholesale Price | 75.00% | Monthly, on or before the 20th day of the month |
|
Deeds |
Sales price (less mortgage assumed) of real estate |
$2.28 per $500 Visit TIR 19-14 for surcharge information. |
Monthly, on or before the 10th day of the month (filed by registers of Deeds). |
|
Motor fuels |
Gasoline and diesel fuel per gallon |
$0.24 |
Monthly, on or before the 20th day of the month |
| Motor fuels | Propane, liquefied gas, etc. (no minimum) | 29.2% | Monthly, on or before the 20th day of the month |
| Motor fuels | Aviation (10¢ minimum) | 38.2% | Monthly, on or before the 20th day of the month |
| Motor fuels | Jet fuel at local option (5¢ minimum) | 17.3% | Monthly, on or before the 20th day of the month |
| Room occupancy | State Room Occupancy | The state’s room occupancy excise tax rate is 5.7%. Note that while the statute provides for a 5% rate, an uncodified surtax adds .7% to that rate. | Monthly, on or before the 30th day following the close of the tax period. |
| Room occupancy | Local Option |
In addition to the state excise, Massachusetts cities and towns are permitted to charge a local room occupancy excise tax up to 6% (6.5% for Boston). | Monthly, on or before the 30th day following the close of the tax period. |
| Room occupancy | Convention Center Financing | In the cities of Boston, Worcester, Cambridge, Springfield, West Springfield, and Chicopee, an additional 2.75% tax is charged for convention center funding. See TIR 05-01 for more information. | Monthly, on or before the 30th day following the close of the tax period. |
| Room occupancy | Cape Cod and Islands Water Protection Fund | In Barnstable, Nantucket and Dukes Counties an additional 2.75% may be charged for the Cape Cod and Islands Water Protection Fund beginning July 1, 2019. Currently this applies for all Barnstable County municipalities. | Monthly, on or before the 30th day following the close of the tax period. |
| Room occupancy | Short-term Rentals Community Impact Fee | Beginning July 1, 2019, for short-term rentals only, cities and towns are permitted to charge an additional community impact fee up to 3% if an operator has more than one property in that locality or is renting an owner-occupied 2 or 3 family house on a short-term rental basis. | Monthly, on or before the 30th day following the close of the tax period. |
|
Club alcoholic beverages |
Gross receipts |
0.57% |
On or before April 15. |
|
Sales and use tax |
Sale, rental or use of tangible personal property, including cigarettes, telecommunications services and certain fuel. |
6.25% |
On or before the 30th day following the close of the tax period. If annual liability: up to $100 - annual filing; $101-1,200 - quarterly filings; over $1,200 - monthly filings. |
| Sales tax on marijuana |
Adult use marijuana is subject to:
|
6.25% (state sales tax) 10.75% (state excise tax) up to 3% (local option for cities and towns) |
Monthly, on or before the 30th day following the close of the tax period. |
|
Sales tax on meals, prepared food and all beverages |
All "restaurant" food and on-premises consumption of any beverage in any amount. |
6.25% A city or town may also charge a local sales tax on the sales of restaurant meals. |
Monthly, on or before the 30th day following the close of the tax period. |
|
Direct broadcast satellite service |
Gross revenues |
5% |
Monthly, on or before the 20th day of each calendar month. |
|
Business and manufacturing corporations |
Net income |
8.0% |
On or before the 15th day of the fourth month after close of taxable year. |
|
S corporations subject to G.L. c. 63 §§ 32D, 39 |
Total receipts $6 million or more but less than $9 million (net income) |
2% (tax year 2020) |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
S corporations subject to G.L. c. 63 §§ 32D, 39 |
Total receipts $9 million or more (net income) |
3% (tax year 2020) |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
S corporations subject to G.L. c. 63 §§ 32D, 39 |
Tangible property or net worth |
$2.60 per $1,000 |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
S corporations subject to G.L. c. 63 §§ 32D, 39 |
Minimum |
$456 |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
| S corporations subject to G.L. c. 63 §§ 32D, 39 | Net income taxable at the federal level including certain built-in gains that are taxable at the federal level under IRC § 1374 and on passive investment income taxable at the federal level under IRC § 1375. | 8% | On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
Security corporation |
|
|
On or before the 15th day of the fourth month after close of taxable year. |
|
Financial institutions |
Net income |
9% |
On or before the 15th day of the fourth month after close of taxable year. |
|
S corporations that are financial institutions |
Total receipts $6 million or more but less than $9 million (net income) |
2.67% (tax year 2020) |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
S corporations that are financial institutions |
Total receipts $9 million or more (net income) |
4% (tax year 2020) |
On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
S corporations that are financial institutions |
Minimum |
$456 |
On or before the 15th day of the third month after close of taxable year. |
| S corporations that are financial institutions | Net income that is taxable at the federal level. | 9% | On or before the 15th day of the third month after close of taxable year. S corps that are members of a combined group should see 830 CMR 62C.11.1. |
|
Ship excise tax |
Value (equity interest) of the corporation's interest in a ship or vessel engaged in interstate or foreign trade. |
0.33333% |
On or before March 15 ion Form 355S is filed. On or before April 15 if Form 355 is filed. |
|
Insurance company |
|
|
On or before April 15. |
|
Foreign life |
Premiums |
2.0% |
On or before April 15. |
|
Domestic casualty |
Premiums |
2.28% |
On or before April 15. |
|
Domestic casualty |
Gross investment income |
0.0%-1.0% |
On or before April 15. |
|
Foreign casualty |
Premiums |
2.28% |
On or before April 15. |
|
Ocean marine |
Underwriting profit |
5.7% |
On or before May 15. |
|
Motor vehicles garaged outside Massachusetts |
90% to 10% of manufacturer's list price |
$25 per $1,000 |
On or before 30 days from issuance of tax bill. |
|
Boston sightseeing tour |
Ticket purchase or any water- or land-based sightseeing tourist venue or entertainment cruise or trolley tour originating or located in Massachusetts and conducted partly or entirely in Boston. |
5% |
Quarterly, on or before the 20th day following the close of the tax period. |
|
Boston vehicular rental transaction surcharge |
Each vehicular rental transaction contract executed in Boston.
|
$10 In addition to Boston, there is a $10 surcharge in Revere and a statewide $2 surcharge. See TIR 19-4 and TIR 05-14. |
Quarterly, on or before the 20th day following the close of the tax period. |
|
Parking facilities surcharge in Boston, Springfield and/or Worcester |
Parking facilities built in conjunction with or as part of a project authorized by the Convention Center Financing Act in Boston, Springfield or Worcester. |
$2 per vehicle per day |
Quarterly, on or before the 20th day following the close of the tax period. |