Minnesota SF2815 establishes quarterly refunds for pharmacies delivering legend drugs outside Minnesota.

Minnesota SF2815 amends state tax law to establish quarterly refunds for pharmacies delivering legend drugs outside Minnesota. Pharmacies can claim refunds on an annual basis, with specific filing deadlines based on the quarter in which the drugs were delivered. The refund amount is calculated based on the tax paid to a wholesale drug distributor and the applicable tax percentage. Pharmacies must apply for the refund by March 15 of the year following the calendar year in which the legend drugs were delivered outside Minnesota.

Minnesota SF2815 establishes quarterly refunds for pharmacies delivering legend drugs outside Minnesota.

Minnesota SF2815 amends state tax law to establish quarterly refunds for pharmacies delivering legend drugs outside Minnesota. Pharmacies can claim refunds on an annual basis, with specific filing deadlines based on the quarter in which the drugs were delivered. The refund amount is calculated based on the tax paid to a wholesale drug distributor and the applicable tax percentage. Pharmacies must apply for the refund by March 15 of the year following the calendar year in which the legend drugs were delivered outside Minnesota.