This course is for businesses located in Minnesota that make products ultimately sold at retail. It is designed for business owners, bookkeepers, purchasing agents, and accountants who need a working knowledge of how sales and use taxes in Minnesota relate to product makers and the manufacturing process.
The focus is to give participants a better understanding of the “Industrial Production Process” and what items may (or may not) qualify for the Capital Equipment Refund. Though we’ll cover some basics about the Sales and Use Tax, this course is not meant as an introduction to the topic.
After completing this class you will be able to: