Minnesota – Health Care Providers Granted Tax Relief (6)

Health care companies have joined the roster of tax relief recipients in Minnesota, South Carolina is extending deadlines, and Pennsylvania is waiving penalties on prepayments. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Monday’s coverage click here. Here’s a state-by-state roadmap.

The Minnesota Department of Revenue has granted a 60-day payment grace period on monthly and quarterly excise taxes paid by health care providers.

The grace period for payments due April 15 was extended to June 15 for taxpayers with duties under MinnesotaCare. The extension applies to the state’s provider tax, hospital tax, surgical center tax, wholesale drug distributor tax, and legend drug use tax.

For more Information: Bloomberg Tax

bloomberg tax
by Michael J bologna
April 14, 2020