Sales and Use Tax payment grace period extended
Published 3:05 pm Thursday, April 9, 2020
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As the state continues to respond to COVID-19, the Minnesota Department of Revenue is extending the Sales and Use Tax grace period on Sales and Use Tax payments for businesses identified in Executive Order 20-04, according to a press release. The department will not assess penalties or interest as follows:
• Identified businesses with a monthly Sales and Use Tax payment due March 20 will now have until May 20 to make that payment.
• Identified businesses with a monthly or quarterly Sales and Use Tax payment due April 20 will now have until May 20 to make that payment.
These businesses should still file their returns by the due dates but do not have to make payments until May 20. There is no grace period to make the Sales and Use Tax payment for April Sales and Use Tax — the payment and the return will remain due on May 20.
“We want to continue to find ways to help Minnesota taxpayers as much as possible during these uncertain times,” said Minnesota Department of Revenue Commissioner Cynthia Bauerly. “In addition to giving impacted taxpayers more time to pay their taxes, we want businesses to also consider the various state and federal disaster assistance programs that are now available.”
More information about state and federal resources available to businesses can be found on the Minnesota Department of Employment and Economic Development website.
It will continue to monitor the situation and provide additional information and guidance, the release stated. Those who have questions or wish to request additional time for their business can contact the Minnesota Department of Revenue at salesuse.tax@state.mn.us, or 651-296-6181 or 800-657-3777.
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