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Taxes

sales tax

Sales tax is a tax imposed by state and local governments on the sale of goods and services and is usually calculated as a percentage of the sale price. Sales tax is sometimes referred to as retail sales tax.

In Minnesota, sales tax is a state-level tax imposed on the sale of most goods and some services. The state sales tax rate is 6.875%, but local jurisdictions can add additional taxes, which can make the total sales tax rate higher in some areas. Certain items, such as clothing and prescription drugs, are exempt from sales tax in Minnesota. Businesses selling taxable goods or services are required to register with the Minnesota Department of Revenue, collect the appropriate sales tax from customers, and remit it to the state. The collected sales tax is used to fund state and local government services.

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Taxes

sales tax

As a LegalFix Member You Will Be an Important Client of Local Law Firms

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Minnesota State Code

Minnesota State Code

Taxes

sales tax

Articles