Mass. Stores Welcome Shoppers With Sales-Tax-Free Weekend
BOSTON (AP) – Massachusetts shoppers hitting the stores this weekend will be able to enjoy a discount as part of the state’s sales tax free holiday.
On Saturday and Sunday items at stores costing $2,500 or less will be exempt from the 6.25 percent sales tax.
A few items don’t qualify for the tax break, including cars, motorboats, meals, telecommunications services, gas, steam, electricity and tobacco products.
For items costing more than $2,500, the sales tax applies to the entire price of the item. For example, if an item is sold for $3,000, the entire sales price of the item is taxable, not just the amount that exceeds $2,500.
Many retailers have welcomed the tax free weekend as way to lure in customers during a slow time of year.
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