Earlier this week, Gov. Deval Patrick signed with an Energency Preamble the new Municipal Relief law . The preamble allows the provisions of the law to take immediate effect. Highlights of the law, formally titled An Act Relative to Municipal Relief, include: – Allowing cities and towns to extend their …Continue Reading Municipal Relief Bill enacted
The Department of Revenue released its monthly revenue report for June yesterday, a document that also includes the fiscal year-end report, and the numbers were a bit of a surprise. June turned out to be a much bigger than expected month, $240 million more than last June and …Continue Reading FY10 revenues come in $78 million higher than expected
Thinking of developing a wind farm, or building a single wind turbine? In a letter ruling issued earlier this month at the request of a taxpayer, DOR ruled that sales of machinery used to construct a wind turbine, tower and components, and the supporting foundation …Continue Reading DOR rules that wind turbines are exempt from the sales tax
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