11 Type of business for which property is being used (check only one) - mass 2025

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Use of the Certificate of Exemption (Form ST-2), Sales Tax Exempt Purchaser Certificate (Form ST-5) and Contractors Sales Tax Exempt Purchase Certificate (Form ST-5C) If the organizations request for exemption is approved, the organization will receive a Certificate of Exemption, Form ST-2.
Business Personal Property Tax is a tax assessed on tangible personal property businesses own. This type of property includes equipment, furniture, computers, machinery, and inventory, among other items not permanently attached to a building or land.
Are corporations exempt from the personal property tax? No - business corporations are subject to personal property tax on ma- chinery used in the conduct of business, with some limited exceptions detailed below.
Tangible personalty is property that has a physical form, is touchable and has intrinsic value. 1.3 Assessment as Real Estate.
Sales tax is generally collected by the seller. The Massachusetts use tax is 6.25% of the sales price or rental charge on tangible personal property, including property purchased by phone, mail order, and online where sales tax was not collected or was paid at a lower tax rate.
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Massachusetts levies an excise on each vehicle at the rate of $25 per $1,000 of valuation. City or town assessors can access information on a vehicles value from a database of valuation figures.
Rates Type of TaxMeasureRate General Business and manufacturing corporations Net income Tangible property or net worth Minimum $456 8.0% $2.60 per $1,000 S Corporations subject to G.L. c. 63 32D, 39 that are not Financial Institutions Total receipts $6 million or more but less than $9 million (net income) 2%70 more rows Feb 3, 2025
WHICH STATES DO NOT TAX BUSINESS PERSONAL PROPERTY? North Dakota. South Dakota. Ohio. Pennsylvania. New Jersey. New York. New Hampshire. Hawaii.

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