City and Town, the twice-monthly publication of the Division of Local Services, has just published its first in-depth review of the local option room occupancy tax since it was raised from 4 percent to 6 percent in the summer of 2009.
The article comes with a link that shows the amount of local revenue generated from this tax in each of the 177 cities and towns (50 percent of those in the Commonwealth) that has adopted the optional room occupancy tax, and the additional amounts raised by the 93 cities and towns that have elected to tax at a rate higher than 4 percent.
The local option tax generated a record $130.4 million in FY11 for cities and towns, and does not appear to have weakened demand for rental rooms in the Commonwealth, given the data presented in the article.
The article notes that 124 of the Commonwealth's 352 cities and towns, or 35 percent, either have no rental rooms or fewer than three businesses generating room rental income.
That leaves about 15 percent of the state's cities and towns that have foregone the opportunity to generate tax revenue from the local option room occupancy tax.
Courage at Work posted on Sep 1
“I was amazed that Mark and so many senior staffers took time out of their busy and hectic schedules to be supportive of me and the ALS cause,” she said. “It proves that no matter how challenging work is, there’s always time to show a little love.”
VIDEO: Introducing MassTaxConnect! posted on Aug 24
Take a look at our newest video introducing you to MassTaxConnect, our new, modernized online tax system. Hear from Commissioner Mark Nunnelly and several DOR employees about what to expect come November 30th when we launch MassTaxConnect for business taxpayers, practitioners, and professionals. Get an …Continue Reading VIDEO: Introducing MassTaxConnect!
What’s New with MassTaxConnect? posted on Aug 13
MassTaxConnect for Massachusetts Business Taxpayers Available November 30, 2015! Things are about to get easier and faster for Massachusetts business taxpayers. MassTaxConnect will replace WebFile for Business later this year and will feature the best of what WFB offers plus state-of-the-art enhancements to make tax …Continue Reading What’s New with MassTaxConnect?