Minnesota DOR Summarizes Sales Tax Law Changes
- Jun 7, 2013 | Gail Cole
The Department of Revenue has released a tidy summary of 2013 sales and use tax law changes. It makes for good reading, if you're into that sort of thing. Topics range from which businesses qualify for a sales tax exemption under Section 28 to the taxability of ring tones. Really.
The following sales tax changes are particularly noteworthy:
- The tax on car rentals increases 3% to 9.2%, effective for sales and purchases made after June 30, 2013.
- The sales tax exemption for textbooks is expanded to digital books, as defined in section 11. Effective for sales and purchases made after June 30, 2013.
- Remote sellers "must collect and remit state sales tax in accordance with any federal remote seller law."
Is your business prepared for sweeping sales tax changes?
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