Governor Signs Sales Tax Holiday Bill - August 16th & 17th

Massachusetts joins more than a dozen states in granting a sales tax holiday in 2008. Shoppers can look forward to a tax-free weekend for the fifth year in a row as Governor Deval Patrick signed legislation to grant an exemption from the 5 percent Massachusetts sales tax. The sales tax holiday is effective August 16th and 17th, 2008 and applies to items costing $2,500 or less.

The law will benefit both consumers and sellers. Legislators intend the law to have the effect of boosting sales for retailers and delivering discounts to their customers.

As specified in past sale years, sales of telecommunications services, tobacco products, gas, steam, electricity, motor vehicles, motorboats, meals and items priced over $2,500 are exempt from the holiday and remain subject to the sales tax.

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