08/09/2024
⚠️Registry News!🚧
2024 Sales Tax Holiday Weekend
The 2024 Sales Tax Holiday Weekend will be August 10-11. During these two days, most purchases of single items of tangible personal property costing $2,500 or less are exempt from Massachusetts sales and use taxes, subject to certain exclusions. This applies to items bought for personal use only. Purchases by corporations or other businesses and purchases by individuals for business use remain taxable.
How Does This Affect the RMV?
Motor vehicles do not qualify for the sales tax holiday exemption and are subject to sales tax. However, trailers costing $2,500 or less do qualify for the exemption, provided they are purchased for personal use.
Trailers that cost over $2,500, or are purchased for business use, are subject to sales tax. Trailers that are subject to sales tax are taxed based on the full purchase price, not the purchase price minus $2,500. For example, a trailer purchased for $3,000 must be taxed based on the $3,000 purchase price.
Note: Motorized bicycles (mopeds) that cost $2,500 or less and are purchased for personal use do qualify for the sales tax exemption. However, this will not affect moped registration transactions, as the RMV does not collect the sales tax for mopeds.
