Effective July 1, 2013 ~ Non-Exempt Gifts Will Be Taxed

Minnesota does not currently have a gift tax. As of July 1, 2013, Minnesota will tax all non-exempt gifts at a rate of 10%.

For more informationabout thetax changes visit: http://joneslawmn.com/topics/

Jeremy J. Nauman, Attorney

 

Jones Law Office
212 Madison Avenue, Suite 100 | Mankato, MN 56001
phone: 507.385.4488 | fax: 507.385.1288 | website: www.joneslawmn.com
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