dangolka (CBS) — A date has been set for the annual Massachusetts Gross sales Tax Vacation. The Baker administration introduced that the tax-free weekend is scheduled for August 29-30.
“This break from the gross sales tax has at all times been an essential manner for the Commonwealth to help many small companies and customers, nevertheless it’s clearly particularly essential this yr, given the truth that so a lot of these companies have only in the near past reopened,” Gov. Charlie Baker mentioned at a information convention Tuesday.
We’re happy to announce that the annual #TaxFreeWeekend will happen August 29-30.
The #SalesTaxHoliday is a good way to help customers and small companies. This yr it’s a good way to help our financial system that’s been impacted by #COVID19MA
➡️ https://t.co/yzSrpao6F0 pic.twitter.com/w91wfMfCu3
— Charlie Baker (@MassGovernor) June 23, 2020
The retail trade has been hit particularly laborious by the coronavirus pandemic. The unemployment price for Massachusetts was 16.3% in Could.
Baker signed a legislation in 2018 to make an annual gross sales tax vacation weekend everlasting in Massachusetts. Click on right here for extra particulars about what is going to qualify for a tax exemption.