Minnesota SF2997 modifies individual income, corporate franchise, sales, and use taxes, and other tax-related provisions.

Minnesota SF2997 amends various sections of the Minnesota Statutes to modify individual income, corporate franchise, sales, and use taxes. It introduces changes to tax credits, subtractions, and exemptions, including adjustments to Social Security benefits and qualified retirement benefits. The bill also modifies partnership provisions, sales and use tax collections, and property tax classifications. Additionally, it establishes standards of conduct for tax preparers and outlines procedures for administrative orders and penalties.

Minnesota SF2997 modifies individual income, corporate franchise, sales, and use taxes, and other tax-related provisions.

Minnesota SF2997 amends various sections of the Minnesota Statutes to modify individual income, corporate franchise, sales, and use taxes. It introduces changes to tax credits, subtractions, and exemptions, including adjustments to Social Security benefits and qualified retirement benefits. The bill also modifies partnership provisions, sales and use tax collections, and property tax classifications. Additionally, it establishes standards of conduct for tax preparers and outlines procedures for administrative orders and penalties.