Tag Archives: Minnesota sales taxes

Find More Than Street Names On This Map!

Black Friday. Cyber Monday. The holiday shopping season is underway again! The Minnesota Department of Revenue can’t tell how much you’ll spend for gifts this year. But it has just drawn out a quick way to tell how much you can expect pay in state and local taxes. Holiday shoppers now can pull up a Minnesota map on their computers or smartphones and find out whether they will pay only the state’s 6.875 percent sales tax or more on their merry purchases this season. The interactive Sales Tax Rate Map shows counties and cities; it also can drill down to … Continue reading

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FASTER TAX BREAK FOR MANUFACTURERS, BIG OR SMALL!

This ought to speed things up for some Minnesota businesses. On July 1, the Minnesota Department of Revenue changes the way it exempts “capital equipment” from state and local sales taxes. The tax break pertains to equipment used to make products that eventually will go to retail markets for sale. Businesses buying or leasing this manufacturing equipment actually have been able to claim a refund of state and local sales taxes after the purchase. To capture it, they submitted a form (ST11), which involved creating a worksheet with numerous details. In addition, they were limited to two refund requests each … Continue reading

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