Minn. Lawmakers Move To Repeal B2B Taxes

Law360, New York (February 26, 2014, 5:26 PM EST) -- Minnesota lawmakers on Tuesday introduced legislation that would repeal sales taxes passed last year on business-to-business services involving machine maintenance, telecommunication equipment purchases, and storage and warehouse services.

State lawmakers during the 2013 legislative session expanded the scope of Minnesota sales tax to include business-to-business activities. A coalition of Minnesota business groups have criticized the taxes and have been lobbying to have them repealed.

Minnesota Gov. Mark Dayton has also indicated that he would back the repeal of the business-to-business taxes in light of recent projections...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.