Minnesota Governor Signs Bill Providing Tax Parity For Vending Operators
6/2/17
From Vending Market Watch
Minnesota Governor Signs Bill Providing Tax Parity For Vending Operators
JUN 1, 2017 SOURCE: NAMA
(Chicago) May 31, 2017 – Tuesday night, Minnesota Governor Mark Dayton signed a budget bill that included tax parity for vending operators in the state. Members of the Minnesota Automatic Merchandising Council (MAMC) and NAMA have worked diligently over the last two years on this legislation.
The new law remedies an inequity in Minnesota tax law regarding the taxation of items sold through vending machines. It extends the existing tax exemption on the sale of food products to vending operators and makes it applicable to all retail locations in an equitable manner. Food products that are exempt from taxation when sold in grocery stores, convenience stores and catering trucks will now be exempt when sold through vending machines.
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