Some Minn. businesses get extra time to pay taxes
Published 11:36 am Thursday, May 30, 2013
ST. PAUL, Minn. — The late-arriving spring weather has given some Minnesota resorts and other seasonal businesses more breathing room on their property taxes.
The Minnesota Department of Revenue is advising that some commercial property owners can have two extra weeks to make their first-half tax payments. That extends their deadline to pay without penalty to June 15.
It’s the result of a new law meant to accommodate businesses that have seen profits hampered by a cool, wet spring.
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The affected taxpayers are required to submit an affidavit with their payment stating that they meet prescribed income conditions.