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Massachusetts
By the Numbers

Massachusetts Below is a snapshot of key features of Massachusetts' tax system. (Scroll Down)
Personal Income Tax Features (2015)
  • Range of Tax Rates: 5.15%
  • Standard Deduction: None
  • Personal Exemption: $4,400 (Extra $2,400 for Head of Household Filers)
  • Dependent Exemption: $1,000
  • Earned Income Tax Credit (EITC): 15% Refundable
  • Flat income tax rate structure
Corporate Income Tax Features (2015)
  • Range of Tax Rates: 8.0%, 9% for financial institutions
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 25%
  • Apportionment Factor (Property): 25%
  • Apportionment Factor (Sales): 50%
  • Apportionment Note: SSF for manufacturing and mutual fund companies
Sales Tax Features (2015)
  • State Sales Tax Rate: 6.25%
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: 6.25%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: N/A
  • Number of Services Taxed: 18 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Sales tax holiday offered in 2014
  • Sales tax applies to some digital goods and services
Property Tax Features (2015)
  • Property tax revenue increases capped at 2.5% per year.
  • Property tax revenue capped at 2.5% of total assessed value.
Other Tax & Revenue Features (2015)
  • Gasoline Tax Rate (per gallon): $0.265
  • Diesel Tax Rate (per gallon): $0.235
  • Cigarette Tax Rate (per pack): $3.51
  • Estate or Inheritance Tax: Yes
  • Net Lottery Sales Per Capita: $635 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated January 13, 2015

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