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Apart from allowances, there are various other payments received which are tax-exempt in nature such as maturity amount from Public Provident Fund (PPF), Employees' Provident Fund (EPF), life insurance policies etc.
You may claim exempt from Minnesota withholding if at least one of these apply: You meet the requirements and claim exempt from federal withholding. You had no Minnesota income tax liability last year, received a refund of all Minnesota income tax withheld, and do not expect to owe state income tax this year.
Items Exempt by Law Clothing for general use, see Clothing. Food (grocery items), see Food and Food Ingredients. Prescription and over-the-counter drugs for humans, see Drugs.
In addition to the 6.875% Minnesota sales and use tax, taxable retail sales and uses in Hennepin County (or to a destination in Hennepin County) are subject to the following local sales and use taxes: 0.15% Hennepin County tax (ballpark) 0.50% Hennepin County Transit.
Nontaxable Items Nontaxable SalesAdditional InformationDrugs - for prescription or over-the-counter for use by humansDrugsFarm machinery - when used in the agricultural production process, including repair and replacement parts except tiresAgricultural and FarmingFeminine hygiene productsHealth Product Exemptions56 more rows ?
Items Exempt by Law Clothing for general use, see Clothing. Food (grocery items), see Food and Food Ingredients. Prescription and over-the-counter drugs for humans, see Drugs.
Minnesota law exempts certain nonprofit organizations from paying Sales and Use Tax. To get this exemption, an organization must apply to the Minnesota Department of Revenue for authorization, known as Nonprofit Exempt Status.
.taxes.state.mn.us Businesses must pay tax on administrative supplies, most machinery, accessories, furniture, fixtures, and other items used to produce a product. However, ma- terials used or consumed to produce products for sale are exempt from sales tax.