Start of sales tax on warehousing services delayed
The storage service tax, which doesn't apply to mini-storage rentals, became a point of dispute in the session's final days.
View ArticleState historic rehab credit extended to 2021
Minnesota lawmakers presented a mixed bag Monday when it came to some well-known business friendly tax credits.
View ArticleMinnesota offers more data center tax breaks
Minnesota could end up winning even more data centers now that it is expanding the sales tax exemption it offers for equipment, software and electricity used in such projects.
View ArticleNew laws, budget provisions take effect Monday
Most of the appropriations passed by the Minnesota Legislature and signed by Gov. Mark Dayton take effect July 1; among the main revenue raisers are an income tax increase and a cigarette tax increase.
View ArticleDayton: Property taxes will dip by $121 million
The property tax relief is the anticipated result of the budget Gov. Mark Dayton signed in May, which increased aid to local governments and provided tax breaks to those governments as well as homeowners.
View ArticleContractors need to watch for the taxman
At a seminar Wednesday, about 60 Minnesota construction professionals received counsel on how to deal with oncoming state and federal regulations.
View ArticleBringing good humor to ‘dismal science’
As Minnesota's new state economist, Laura Kalambokidis knows she has a nettlesome job with a steep learning curve in front of her.
View ArticleCities, counties aim to extend tax exemptions
Advocates for Minnesota’s counties and cities are rushing back to the Capitol less than two months after a new tax law went into effect, asking for more relief and clarity.
View ArticleMinnesota’s estate tax change has unintended consequences
Some tax experts worry closing a loophole that once allowed nonresidents to avoid estate taxes on their cabins could make it harder for certain companies to attract out-of-state investors.
View ArticleAnother tax-relief bill advances in House
The bill would cut some $45 million in state revenue during the current budget cycle, with most of that money being remitted to homeowners, renters and farmers.
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