TAX RELIEF FOR LOCAL BUSINESSES

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By Bob Katzen

Governor Charlie Baker, announced additional administrative tax relief measures for local businesses that have been adversely affected by the ongoing COVID-19 pandemic, especially in the restaurant and hospitality sectors.

The measures include postponing the collection of regular sales tax, meals tax and room occupancy taxes for small businesses that would be due from March through August, so that they will instead be due in September. Additionally, all penalties and interest that would otherwise apply will be waived.

“We are proud to join our colleagues in the Legislature to announce this additional relief for local businesses throughout Massachusetts while we all continue to navigate the COVID-19 pandemic and work to protect the health and safety of the commonwealth’s residents,” said Baker. “These administrative changes extend tax relief measures put into place earlier in March and will allow additional support for local companies including small businesses in the restaurant and hospitality industries.”

Businesses that paid less than $150,000 in regular sales plus meals taxes in the year ending February 29, 2020 will be eligible for relief for sales and meals taxes, and businesses that paid less than $150,000 in room occupancy taxes in the year ending February 29, 2020 will be eligible for relief with respect to room occupancy taxes. For businesses with meals tax and room occupancy tax obligations that do not otherwise qualify for this relief, late-file and late-pay penalties will be waived during this period.

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