Massachusetts Sales Tax Holiday 2008

Massachusetts Governor Deval Patrick signed the tax-free weekend bill, as was expected. The Massachusetts Sales Tax Holiday 2008 takes place August 16, 2008 through August 17, 2008. Massachusetts residents can save money on back to school supplies, without they don't have to pay the five percent tax. Massachusetts residents can direct their back to school money on notebooks, costing $2,500 or less.

While some legislators bemoaned the Massachusetts Sales Tax Holiday 2008, saying it would rob the state of tax money, consumers need this financial reprieve on these necessary items. In a summer when residents are paying more for gas, losing the option of finding loan money for college in Massachusetts, and continuing to pay tolls on roads, any small savings helps.

Massachusetts Sales Tax Holiday 2008

The Massachusetts sales tax holiday is less complicated than the rules applied to the tax-free sales in other states. This is due in large part to the fact that clothing is tax-free in the state of Massachusetts.

Massachusetts residents can purchase goods costing $2,500 or less without paying the five percent tax. The tax relief is for items bought for personal use only. according to the Massachusetts Department of Revenue. The tax-free holiday is quite broad, making it a good weekend to buy back to school supplies or other household goods. There are some exceptions, listed below.

Exempt from the Massachusetts Sales Tax Holiday 2008

Massachusetts residents will not find relief on high-ticket items which cost more than $2,500. Sales tax also remains on transportation items including cars and boats. Telecommunications services will continue to be taxed through the weekend.

Fuel including electricity, gas and stem will continue to be taxed, as will tobacco products.

Services Remain Taxable

In addition to telecommunications services, meals will also continue to be taxed, for those eating at restaurants, according to Governor Deval Patrick Press Office.