Since many people have been calling for the elimination of taxes on menstruation goods, tampons have become a hot topic. According to the argument, tampons and other menstruation items shouldn’t be taxed as luxury goods because they are a requirement for persons who menstruate. So, tampons still carry a tax? The state you live in will determine the answer.
Tampons and other menstruation items are no longer subject to Massachusetts’ 6.25 percent sales tax. After the state legislature approved a budget measure that contained the repeal of the tampon tax, this change became effective on January 1, 2021. This is fantastic news for Massachusetts residents who menstruate since it means they won’t have to pay more for essential menstrual products.
Moving on to the following query, in Massachusetts, shoes are typically subject to sales tax. There are a few exceptions, though. If you’re purchasing shoes that are under $175 in price, you won’t be required to pay sales tax. Clothing items that cost more than $175 are subject to sales tax. Shoes may also be excluded from sales tax if you acquire them as part of a qualifying medical transaction (such as orthopedic shoes).
In terms of luxury taxes, Massachusetts doesn’t have any. However, higher sales tax rates could apply to some premium goods. For instance, Massachusetts’ sales tax rate is 6.25% if you purchase a car there. However, you will have to pay an additional 0.375% tax on the sale if you purchase a luxury vehicle, which is classified as a vehicle with a sales price of $60,000 or more.
In Massachusetts, professional services are typically exempt from taxation. This implies that you won’t be required to pay sales tax for the services of a lawyer, accountant, or other professional service provider. There are a few exceptions to this rule, though. For instance, you can be required to pay sales tax if you employ a professional to perform a taxable service (like fixing your car).
And finally, Massachusetts does not impose a sales tax on delivery fees. You won’t be required to pay sales tax on the delivery cost if you place an online transaction and have it delivered to your home. You will nevertheless need to pay sales tax on the total cost of the item if it is taxable.
In conclusion, Massachusetts’ taxation on different goods and services might be complicated. There is no longer a specific luxury tax, but some items may be subject to higher sales tax rates. Professional services are generally not taxable, but there are some exceptions. There is also no longer a sales tax on delivery fees. Tampons and other menstrual products are no longer subject to sales tax. To be sure you are paying the correct amount of sales tax on your purchases, it is always a good idea to double-check the regulations in your state.