WCCO EYE4 LOGO WCCO Radio wcco-eye-red01, ww color red

Local

Minn. Gets $59M Tax-Reciprocity Payment From Wis.

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Why Is Edward Moody Wearing A Headband?
  2. 4 Things To Know For July 24, 2014
  3. Chris Pratt Proves French Braid Cred During Interview
  4. WCCO Viewers’ Choice For MN’s Best Drive-In
  5. The Lowdown: Moto-i To Appear On Cooking Channel Tonight

ST. PAUL, Minn. (AP) — Wisconsin has settled an old tax-reciprocity debt owed to Minnesota.

The Minnesota Department of Revenue said Tuesday that Minnesota has received a payment of $59.7 million from Wisconsin under the former reciprocity agreement between the two states.

Under the agreement, taxpayers who lived in one state but worked in the other could file a single income-tax return. The agreement called for the states to reimburse each other, but Wisconsin always ended up owing Minnesota because more Wisconsin residents used the arrangement.

The Wisconsin Legislature approved the payment as part of the state budget. Wisconsin Gov. Scott Walker plans a news conference Wednesday in Hudson to discuss the payment.

Minnesota Gov. Mark Dayton thanked Walker for making the payment. Dayton believes residents of both states would benefit from a new agreement.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus