Minnesota sales tax details The Minnesota (MN) state sales tax rate is currently 6.875%. Depending on local municipalities, the total tax rate can be as high as 8.375%.
What is Minneapolis sales tax?
The 8.025% sales tax rate in Minneapolis consists of 6.875% Minnesota state sales tax, 0.15% Hennepin County sales tax, 0.5% Minneapolis tax and 0.5% Special tax.
What is the retail sales tax in Minnesota?
The base state sales tax rate in Minnesota is 6.88%. Local tax rates in Minnesota range from 0% to 1.5%, making the sales tax range in Minnesota 6.875% to 8.375%.
How much is tax on groceries in Minnesota?
Sales of grocery food are exempt from the sales tax in Minnesota.
What is the MN sales tax rate for 2021?
2021 List of Minnesota Local Sales Tax Rates. Minnesota has state sales tax of 6.875%, and allows local governments to collect a local option sales tax of up to 1.5%. There are a total of 407 local tax jurisdictions across the state, collecting an average local tax of 0.422%.
How do you calculate sales tax?
Multiply the cost of an item or service by the sales tax in order to find out the total cost. The equation looks like this: Item or service cost x sales tax (in decimal form) = total sales tax. Add the total sales tax to the Item or service cost to get your total cost.
Who pays sales tax in MN?
Businesses collect the sales tax due on items and services sold at retail on behalf of the state. For details, see “Retail sales” on this page and “What’s tax- able?” beginning on page 5. Most retail sales are taxable in Minnesota.
What state has no sales tax?
Alaska. Known as ‘The Last Frontier’, Alaska is the most tax-friendly state in the country. It has no sales tax and no state income tax. Alaska charges a slightly higher than average property tax rate of 1.18%, but the state has several ways to apply for property tax exemptions.
Does Minnesota tax Social Security?
Only a portion of Social Security benefits is subject to Minnesota income taxes. The exclusion from tax is the result of two separate policies—the federal exclusion from gross income for a portion of Social Security benefits, and the Minnesota Social Security Subtraction.
Is clothing taxable in Minnesota?
Clothing is exempt from Minnesota sales and use tax. Clothing means all human wearing apparel suitable for general use. The exemption for clothing does not apply to fur clothing, clothing accessories or equipment, sports or recreational equip- ment, and protective equipment, which are taxable.
What city in Minnesota has the highest taxes?
The combined state and local sales tax rates in Minnesota range between 6.875 and 7.875 percent. The city of Duluth and Cook County have the highest combined rate at 7.875 percent. The city of Minneapolis has a combined rate of 7.775 percent while the rate in the city of St. Paul is 7.625 percent.