Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Tom Bottern
Director
   Senate   
State of Minnesota
 
 
 
 
 
S.F. No. 2601 - Modification of estimated tax payment dates for corporations
 
Author: Senator Roger C. Chamberlain
 
Prepared By: Nora Pollock, Senate Counsel (651/297-8066)
 
Date: April 1, 2019



 

Under current law, corporations are required to make Minnesota estimated tax payments by the third, sixth, ninth, and twelfth months of a tax year if their estimated liability for the tax year exceeds $500 or under rules prescribed by the commissioner for a members of a unitary group filing one return. This bill would extend the due date of the first estimated payment from the third month to the fourth month of a full or short taxable year, matching the timing requirement under federal law. Effective for estimated tax payments required for taxable years beginning in 2020.

 
Check on the status of this bill
 
Back to Senate Counsel and Research Bill Summaries page
 

 
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
 
Last review or update: 04/01/2019
 
If you see any errors on this page, please e-mail us at webmaster@senate.mn