as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 04/11/2005 |
A bill for an act
relating to sales and use tax; allowing exempt
occasional sales at flea markets and similar selling
events; amending Minnesota Statutes 2004, section
297A.87, subdivisions 2, 3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2004, section 297A.87,
subdivision 2, is amended to read:
(a) The
operator of an event under subdivision 1 shall obtain one of the
following from a person who wishes to do business as a seller at
the event:
(1) evidence that the person holds a valid seller's permit
under section 297A.84; deleted text begin or
deleted text end
(2) a written statement that the person is not offering for
sale any item that is taxable under this chapternew text begin ; or
new text end
new text begin
(3) a written statement that this is the only selling event
that the person will be participating in for that calendar year,
that the person will be participating for three or fewer days,
and that the person will make less than $500 in total sales at
the event. The written statement shall include the person's
name, address, and telephone numbernew text end .
(b) The operator shall require the evidence or statement as
a prerequisite to participating in the event as a seller.
new text begin
This section is effective for selling
events occurring after June 30, 2005.
new text end
Minnesota Statutes 2004, section 297A.87,
subdivision 3, is amended to read:
The isolated and occasional
sale deleted text begin provisions deleted text end new text begin provision new text end under section 297A.67, subdivision 23,
deleted text begin
or deleted text end new text begin applies, provided that the seller only participates for three
or fewer days in one event per calendar year, makes $500 or less
in sales at the event, and provides the written statement
required in subdivision 2, paragraph (a), clause (3). The
isolated and occasional sales provision new text end under section 297A.68,
subdivision 25, deleted text begin do deleted text end new text begin does new text end not apply to a seller at an event under
this section.
new text begin
This section is effective for selling
events occurring after June 30, 2005.
new text end