Minnesota DOR Issues Information on Corporation Franchise Tax Return Filing Due Date Extension

The Minnesota Department of Revenue (DOR) May 6 issued information on corporation franchise tax return filing due date extension, for corporate income tax purposes. The information includes: 1) all corporations are granted an automatic seven-month extension to file Form M4, Corporation Franchise Tax Return; 2) corporations need not submit a form to receive the filing extension; 3) the state tax return filing due date will be extended to the federal due date if the Internal Revenue Service grants an extension to file the federal return that is longer than the state’s seven-month extension; 4) the due date extension applies for ...