Administered by the Massachusetts DOR, qualifying small businesses may be exempt from paying taxes on energy.
A qualifying small business must have had gross income of less than $1,000,000 in the prior year and anticipate less than $1,000,000 in the current year. The business must also have 5 or fewer full-time employees and the energy product must be used only by the qualifying business.
Exemption certificates are effective for up to two years. Renewals will be done through MassTaxConnect during November and December in the year of expiration. Renewed certificates will then be valid for the upcoming two years.