• Nantucket Island Chamber of Commerce to co-host Retail Marijuana Forum

  • Short Term Rental Tax Law Update

    Short Term Rental Tax Law Update
    The Commonwealth of Massachusetts’ new short term rental tax law was passed by the legislature and signed by the Governor the last week of December. The Department of Revenue has released this guidance document last week https://www.mass.gov/info-details/short-term-rentals-frequently-asked-questions#overview- with future updates expected.
    The short term rental tax will begin July 1, 2019. The 2.75% Water Protection Trust Fund will also begin July 1, 2019, and will apply equally to all accommodations’ transactions, short term rentals or traditional hotels, motels and B&Bs.  

    Learn more here: