Minnesota To Increase Sales and Use Tax Rate

Voters approved an increase to Minnesota’s sales and use tax rate from 6.5% to 6.875%. The increase will take effect on July 1, 2009. The proceeds will be dedicated to outdoor heritage, clean water, parks and trails, and arts and cultural heritage. For an update on this news item, click here. (Constitutional Amendment, Minnesota Secretary of State, November 5, 2008)

Posted on November 21, 2008