Minnesota DOR Publishes Income Tax Information 2023 Minimum Fee Brackets

The Minnesota Department of Revenue Nov. 29 published the 2023 minimum fee brackets and amounts for corporate income and individual income tax purposes. The fee is calculated based on a taxpayer’s total state property, payroll, and sales for the year, and ranges from $0 to $11,570. [Minn. Dep’t of Revenue, Minimum Fee Brackets, 11/29/22]

Reference: View Source Document.