Home About Archives RSS Feed

Tax Holiday Returns!

Staff Reports

Sen. Benjamin B. Downing sent us reminder in his latest e-letter today: The state's reinstituted a sales tax holiday for Aug. 14-15. The governor signed the legislation on Thursday giving Bay State consumers a break on most items costing less than $2,500.

The holiday, first enacted in 2005 and observed in some form by more than a dozen states, was canceled last year in light of the state's fiscal distress. Each tax holiday weekend costs the state about $15 million in revenue, and would have been more last year with the sales tax jumping from 5 percent to 6.25 percent.

The holiday is part of an economic development measure designed to help small business; getting consumers shopping will help stimulate the state's economy, say supporters.

Here's what Sen. Downing sent us. (To get the senator's Press Pass, sign up on his website.)

 

Save the Date:  Sales Tax Holiday - August 14-15!

Senator Downing is pleased to announce that recently passed Economic Development Reorganization legislation authorizes a sales tax holiday on next Saturday and Sunday, August 14 and 15.  The Governor signed the bill into law on Thursday at a signing ceremony in Braintree.  Senator  Downing was one of three Senate conference committee members who negotiated the final legislative package passed by the House and Senate last week.

Items for purchase at retailers across the Commonwealth under $2,500 will not be charged sales tax during the designated weekend.  The sale of motor vehicles, motorboats, and meals do not qualify for the tax holiday.

 

Tags: taxes      

Support Local News

We show up at hurricanes, budget meetings, high school games, accidents, fires and community events. We show up at celebrations and tragedies and everything in between. We show up so our readers can learn about pivotal events that affect their communities and their lives.

How important is local news to you? You can support independent, unbiased journalism and help iBerkshires grow for as a little as the cost of a cup of coffee a week.

News Headlines
Third Generation D’Amour Family Appointments at Big Y
Berkshires Beat: Martin Luther King, Jr. Day of Service
BCC To Host Virtual Registration Day Saturday
BNRC Re-opens Access Trail to Mahanna Cobble
Williamstown Planning Board Told to Cap Size of Cannabis Grows
Pittsfield Licensing Board Continues Hearings on Methuselah
Mount Greylock School Committee Pulls Rug Out of Fields Project
Small Businesses Face Friday Deadline to Apply for State Grants
Lever's Berkshire Manufacturing Innovation Challenge Finalists
College Notes: Winter 2021

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
Tags:
Excelsior Pittsfield Baldwin Sabic Flood North Adams Gas Prices Berkshire Chamber Of Commerce Talkberkshires Wmeco Great Barrington Williamstown Adams Crane & Co. Sales Tax State Qualprint Store Opening Merger Jobs Currency Expansion Walmart Berkshire Creative Berkshire Enterprises Bj's Statistics Auction Unemployment Unemployment Small Business Breakfast Social Media Statistics Berkshire Living
Popular Entries:
Excelsior Brings Greeting Card Co. To North Adams
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Williamstown Chamber Seeks Input on Future Role
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
New Dog Training Center Open in North Adams
Carbone Dealership Empties Lot
White Hart Inn For Sale for $5M
Real Estate Panel to Tour S. County, Pittsfield Sites
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move