Mass Tax Connect: Know It!

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What is the Massachusetts Corporate Tax Rate?

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With a flat 8 percent corporate tax rate, Massachusetts finds itself somewhere between a high rate and a low rate.

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What is Massachusetts income tax?

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The income tax rate in Massachusetts is 5.00%. Residents of the state who want to play their part in the development of the country by contributing more to the state exchequer have the option of paying a higher income tax rate.

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Are Services Taxable in Massachusetts?

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Certain services are subject to sales tax in Massachusetts while prescription drugs, groceries, gasoline and clothing are all tax-exempt.

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Mass Tax Connect: Know It!

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