State Announces Extension of Administrative Tax Relief for Local Businesses

BOSTON – The state has announced an extension of administrative tax relief measures for local businesses that have been impacted by the ongoing COVID-19 outbreak, especially in the restaurant and hospitality sectors.

It includes the extension of the deferral of regular sales tax, meals tax, and room occupancy taxes for small businesses due from March 2020 through April 2021, so that they will instead be due in May 2021.

Businesses that collected less than $150,000 in regular sales plus meals taxes in the twelve month period ending February 29, 2020 will be eligible for relief for sales and meals taxes, and businesses that collected less than $150,000 in room occupancy taxes in the twelve month period ending February 29, 2020 will be eligible for relief with respect to room occupancy taxes.

For the small businesses, no penalties or interest will accrue during the extension period.

“Our Administration is committed to supporting local businesses and Main Street economies recovering from the impact of COVID-19, and we’re glad to work with our legislative colleagues on this additional measure to provide administrative tax relief,” said Governor Charlie Baker.

“Extending the tax relief measures we put into place earlier this year will help support companies across Massachusetts including small businesses in the restaurant and hospitality industries.”

For businesses with meals tax and room occupancy tax obligations that do not otherwise qualify for the relief, late-file and late-pay penalties will be waived during this period.

“The Senate is committed to further assisting our restaurant and hospitality industries hit hard by COVID-19,” said Senate President Karen Spilka.

“As we continue to safely reopen and recover, we will work with our partners in the Administration and the House to mitigate the economic distress felt by local businesses brought on by the unprecedented public health crisis.”

The Department of Revenue will issue emergency regulations and a Technical Information Release to implement the administrative relief measures.

About Justin Saunders

Justin Saunders has nearly 10 years of experience in radio, television, online and newspaper journalism across the US and Canada. Justin joined the CapeCod.com NewsCenter in May 2014 and continues to help provide coverage of the Cape and Islands.



CapeCod.com
737 West Main Street
Hyannis, MA 02601
Contact Us | Advertise Terms of Use 
Employment and EEO | Privacy