Maine

What's New



By the Numbers

Personal Income Tax Features
Range of Tax Rates 0%-7.95%
Standard Deduction
  • $6,300 ($12,600 for Married Couples)
  • Personal Exemption $4000
    Dependent Exemption $4000
    Earned Income Tax Credit (EITC) 5% Nonrefundable
  • Changes to rates (top rate drops to 7.95%) and personal exemption take full effect in 2013.
  • Corporate Income Tax Features
    Range of Tax Rates N/A
    Income Level at Which Top Rate Applies N/A
    Combined Reporting 3.50% - 8.93%
    Apportionment Factor (Payroll) $250,000
    Apportionment Factor (Property) Yes
    Apportionment Factor (Sales) 0%
    Sales Tax Features
    State Sales Tax Rate 5.00%
    Average Local Sales Tax Rate N/A
    Average Combined State & Local Sales Tax Rate 5.00%
    State Sales Tax Treatment of Groceries Exempt
    Local Sales Tax Treatment of Groceries N/A
    Number of Services Taxed 25 out of 168 surveyed (2007)
    Streamlined Sales Tax Membership No
  • Sales tax applies to digital goods and services
  • Sales tax applies to digital goods and services
  • Property Tax Features
  • Provides a circuit breaker for homeowners and renters of all ages via a refundable personal income tax credit
  • Counties and municipalities subject to revenue caps based on inflation, new property growth, and income growth.
  • Other Tax & Revenue Features
    Gasoline Tax Rate (per gallon) $0.301
    Diesel Tax Rate (per gallon) $0.327
    Cigarette Tax Rate (per pack) $2.00
    Estate or Inheritance Tax Yes
    Net Lottery Sales Per Capita $153 (2010)
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability Multiple taxes

    Last updated January 13, 2015