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  • From 233c-a And Form 355c-b 2000 Instructions. Massachusetts Combined Corporation Excise Returns

Get From 233c-a And Form 355c-b 2000 Instructions. Massachusetts Combined Corporation Excise Returns

M SACHUSET AS O V I E TE M EN SE TS M AM SV B L EN T OF EV R General Information Major Tax Law Changes Schedule Instructions Table of Contents D E PA R ID BE I ENUE RT AT E PE TI T PL AC T Commonwealth.

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Massachusetts has an 8.00 percent corporate income tax rate. Massachusetts has a 6.25 percent state sales tax rate and does not levy local sales taxes. Massachusetts's tax system ranks 34th overall on our 2023 State Business Tax Climate Index.

If a corporation is subject to Massachusetts' tax jurisdiction it is said to have nexus with the Commonwealth. Nexus-creating activities can include regular or systematic visits by employees or representatives of the corporation in Massachusetts, or economic or virtual contacts that exceed a certain dollar threshold.

S corporations will file Form 355S indicating on the face of such return that they are subject to combined reporting for their income measure of excise and exclude from that separate return the income that is reported on the group's Form 355U (Schedule E is not required unless the taxpayer has income from a source ...

If a corporation is subject to Massachusetts' tax jurisdiction it is said to have nexus with the Commonwealth. Nexus-creating activities can include regular or systematic visits by employees or representatives of the corporation in Massachusetts, or economic or virtual contacts that exceed a certain dollar threshold.

Corporations with qualifying tangible assets in Massachusetts that equal or exceed 10% of their qualifying total assets in Massachusetts (apportioned ing to their income apportionment percentage) are taxed on the value of their tangible property. Other corporations are taxed on a net worth basis.

An S corporation is subject to the non-income measure of the corporate excise at a rate of $2.60 per $1,000 of either taxable Massachusetts tangible personal property or taxable net worth.

Bills. Every motor vehicle and trailer registered in the Commonwealth of Massachusetts is subject to the motor vehicle excise tax unless expressly exempted.

Filing Requirements If you're a full-year resident with an annual Massachusetts gross income of more than $8,000, you must file a Massachusetts tax return.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232