No Rebates in Massachusetts After Tax Revenue Misses Threshold

Massachusetts failed to meet a tax revenue threshold in the last fiscal year that would trigger a law requiring the distribution of tax rebates.

The commonwealth was not able to exceed the amount needed to distribute rebates, as mandated by a 1986 statute, State Auditor Diana DiZoglio said Tuesday. She made the announcement following a review of the Massachusetts Department of Revenue’s report on tax revenues for the fiscal year ending June 2023.

The law, known as Chapter 62F, authorizes Massachusetts to return money to taxpayers when total tax revenue exceeds an annual amount tied to wage and salary ...