Minnesota Sales Tax Rate Changes, January 2015
- Sales Tax Rate Changes
- Oct 7, 2014 | Gail Cole
The Minnesota Department of Revenue (DOR) has announced sales tax rate changes, effective January 1, 2015.
Fillmore County will impose a 0.5% transit sales and use tax on all taxable retail sales except vehicle sales. Revenue generated by the new tax will fun road and bridge improvements identified in the Fillmore County Capital Improvement Plan. The combined sales and use tax rate for Fillmore County will be 7.375%.
Todd County will impose a 0.5% transit sales and use tax. It will apply to all taxable retail sales with the exception of vehicle sales. Revenue generated by the tax will fund road improvement projects identified by the Todd County Public Works 5 Year Highway Improvement Plan. The combined sales and use tax rate for Todd County will be 7.375%.
Both new transit sales and use taxes will be administered by the Minnesota Department of Revenue.
Also new in January 2015 is a new exemption threshold for nonprofits.