Corporate Taxes

State Tax Collections Beat Forecast By $30 Million In JulyMinnesota's economic hot streak isn't letting up. State tax collections beat estimates by $30 million, or 3 percent, in July. That's according to a Department of Minnesota Management and Budget report released Monday.
Minnesota Scoops Up Extra $555M In Taxes For The YearState officials released a report Friday showing revenue collections were up nearly 3 percent above projections for the fiscal year ending in June.
Reality Check: Franken’s Ad On McFadden’s ‘Tax Inversion’A tough new ad from Democratic Sen. Al Franken accuses his Republican opponent's business of avoiding taxes by headquartering overseas. But Republican Mike McFadden calls the ad "ridiculous" and "full of lies." The ad marks a new Franken campaign strategy: directly attack McFadden for his business dealings.
Minn. Finance Chief: April Tax Haul Up By $153MMinnesota's tax haul for April was $153 million better than forecasters had expected, a strong month that probably has little effect on the trajectory of legislative budget talks.