3.502 -Nontaxation of Rentals of Real Property

Item DescriptionFY2010 FY2011 FY2012
3.502 Nontaxation of Rentals of Real Property
Rental charges for real property, whether for residential or business purposes, are exempt from sales tax.

Comment: This estimate excludes rentals of hotel/motel rooms, which are separately stated under item 3.203.

Origin:  General exclusion of real property transactions
Estimate:  $1618 		1457.5 1564.7 1618.1

Key:

ORIGIN  
M.G.L. Massachusetts General Laws
ESTIMATES All estimates are in $ millions.