Taxes & Incentives
Trying to grow your business? Minnesota's tax credits programs can help. Businesses must meet certain criteria to be eligible for tax credits. Requirements are set by each program.
Sales tax refunds for 7 years to existing businesses expanding in Greater Minnesota.
Sales tax exemptions for 20 years on equipment for qualifying investments.
Equal to 10 percent of qualifying expenses up to $2 million for certain R&D activities.
Additional Incentive Programs are available by visiting Minnesota Employment and Economic Development website.