Small firms laud end of Minnesota capital-equipment sales tax rebate program

On Monday, Haberman Machine Controller Kim Arrigoni groaned as she faced the 10-inch stack of tax rebate forms, tax schedules and equipment receipts the state required just so her family-owned business could get back thousands in sales taxes Haberman Machine never really owed in the first place.

The stacks are now going away.

After a two-year delay, Minnesota’s much hated 1989 sales tax rebate program for capital equipment purchases ended last week. The change is a major coup for small businesses and the Minnesota Chamber of Commerce, which lobbied hard for legislators to rescind a law many considered an unnecessary hardship.

http://www.startribune.com/small-firms-laud-end-of-minnesota-capital-equipment-sales-tax-rebate-program/311535281/