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Is Massachusetts has a sales tax of 6 percent and New Hampshire?

Sagot :

If New Hampshire has no sales tax and Massachusetts has a 6% sales tax, purchasing a $1,000 television in New Hampshire will save you $60.

The current state sales tax rate in Massachusetts (MA) is 6.25%. Sales tax is a fee associated with the sale of specific goods and services that is paid to a governing body (local or state). Sales taxes have existed since ancient Egypt, when artwork show the taxation of goods, and were first implemented in the United States in 1921. In 1966, Massachusetts became the first state to enact a general transaction privilege tax. The rate has since increased to 6.25%. You represent the Commonwealth of Massachusetts as a business owner providing taxable goods or services by collecting transaction privilege tax from customers and remitting it to the Department of Revenue. This is a crucial aspect that needs to be emphasised.

learn more about Massachusetts here:

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