Minnesota Sales and Use Tax Payment Extension

The Minnesota Department of Revenue on March 18th granted a 30-day extension for Sales and Use Tax payments for businesses that were affected by Executive Order 20-04 (the temporary closure of bars, restaurants, and other places of public accommodation) due to COVID-19. As a result, these businesses that would have had payments due March 20, 2020 have until April 20, 2020 to make that payment. Right now, this relief is only for those businesses affected by Executive Order 20-04 and for monthly filers only. If you do not qualify for the exemption under the Executive Order and choose to not remit your sales tax liabilities, the late filing penalty is 5 – 15% of any tax that is not paid by the due date.

Share Post: