Massachusetts S2000 extends the sales tax exemption for research and development to non-corporate entities.

Massachusetts S2000 amends the state's sales tax law to extend the research and development sales tax exemption to non-corporate entities, including limited liability companies and partnerships. These entities must be primarily engaged in research and development activities and may need to submit an annual statement confirming their primary engagement. The Department of Revenue will issue guidance to assist eligible non-corporate entities. The changes will take effect on January 1, 2026, applying to all qualifying purchases made on or after this date.

Massachusetts S2000 extends the sales tax exemption for research and development to non-corporate entities.

Massachusetts S2000 amends the state's sales tax law to extend the research and development sales tax exemption to non-corporate entities, including limited liability companies and partnerships. These entities must be primarily engaged in research and development activities and may need to submit an annual statement confirming their primary engagement. The Department of Revenue will issue guidance to assist eligible non-corporate entities. The changes will take effect on January 1, 2026, applying to all qualifying purchases made on or after this date.