Modifies remittance requirements for sales tax on professional athletic events in Minnesota.
This bill amends Minnesota Statutes to modify remittance requirements for sales tax on professional athletic events. It specifies that qualifying retailers, which are professional sports teams competing in certain leagues, must remit taxes on admission sales to professional athletic events by the 20th day of the month following the month in which the event occurred. The changes apply retroactively to sales and purchases made after December 31, 2014.
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