Massachusetts Excise Tax on Sales of Alcohol

General Information

Harvard must pay an annual tax equal to 0.57% (2003 rate) of its total alcoholic beverage sales.

Tub Role

1. Tubs are required to keep records of the proceeds from all alcoholic beverage sales on a calendar year basis; and
2. Must provide this data annually to Tax Services in March for the preceding calendar year.

Tax Services Role

1. Tax Services calculates the amount of tax to be paid by each Tub and processes a journal voucher charging each Tub for the amount of tax it generated.
2. Tax Services files the excise tax forms and remits the tax annually to the Massachusetts Department of Revenue by April 15.