According to a release by the Minnesota Department of Revenue, Minnesota is delaying payment of business tax refunds.
The release states:
"Like many states, Minnesota faces ongoing challenges due to current economic conditions. As a result, payments of some business refund claims are being temporarily delayed to help make the most prudent use of tight resources. Refunds for individual taxpayers are not affected by this measure."
"This temporary delay primarily affects capital equipment, sales tax and corporate franchise refund payments. Payments on these claims will be sent to taxpayers as soon as practical. Interest will be paid as required by state law."
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