tax

A former New Bedford seafood wholesaler pleaded guilty yesterday in federal court in Boston to failing to file tax returns and filing a false tax return for his business’ income.

STATE HOUSE, BOSTON — The Legislature sent its rewrite of the voter-approved legal marijuana bill, with a higher tax rate and less power for voters, to the governor on Thursday, 255 days after about 1.8 million voters put the law on the books...

STATE HOUSE, BOSTON — Almost three weeks later than they had hoped, lawmakers on Monday struck an accord on marijuana policy that would tax retail pot sales at a maximum rate of 20 percent and paves the way for those sales to begin in just under a year...

STATE HOUSE, BOSTON — Sen. Will Brownsberger shrugged Monday when asked if marijuana legislation negotiators are working off a new deadline. Asked if he expected a deal to be reached this week, he said, "Saying anything like that is dangerous...

STATE HOUSE, BOSTON — Negotiations over a new state budget and legislation overhauling the retail marijuana legalization law might appear on paper to have little to do with one another. But multiple sources close to the deliberations told the News Service on Wednesday that the fates of the two bills have become inextricably linked, with some officials now believing that a compromise on the budget

The chairman of New Bedford's committee designed to help the city implement the sale of recreational marijuana thinks the proposed bill to raise the taxes on pot sales from 12 percent to 28 percent should go up in smoke. "This just kind of spits in the face of democracy," New Bedford City Councillor Ian Abreu, chair of the council's Committee on Licensing and Zoning of Cannabis, said of

A bill that makes major changes to the voter-approved recreational marijuana bill, including higher taxes and more control for local officials over pot shops, has advanced out of a joint legislative committee, although not without controversy...

Marijuana sales would be taxed at a maximum rate of 18.75 percent under legislation being developed by the House in preparation for a Thursday vote that would also alter the oversight and local control of an industry legalized by voters last November, according to sources within the Legislature or close to the process...

NEW BEDFORD - Though at least two of New Bedford's former mill buildings have been completely renovated into luxury lofts, many vacant and underutilized industrial structures stand dormant throughout the city. New Bedford City Councillor at Large Ian Abreu wants to pitch those structures, along with shuttered churches, to the Urban Smart Growth property management company in California, to see if

BOSTON (AP) — Massachusetts taxpayers have shelled out an extra $542 million since state lawmakers voted three years ago to hike the tax on cigarettes and gasoline, with none of the cigarette revenue going directly to anti-smoking programs...