as introduced - 88th Legislature (2013 - 2014) Posted on 02/27/2014 03:34pm
Engrossments | ||
---|---|---|
Introduction | Posted on 02/27/2014 |
A bill for an act
relating to taxation; aircraft; clarifying rates; amending Minnesota Statutes 2013
Supplement, section 360.531, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2013 Supplement, section 360.531, subdivision 2,
is amended to read:
The tax shall be as follows:
Base Price |
Tax |
|
deleted text begin
Under $499,999 deleted text end new text begin Not over $500,000 new text end |
$100 |
|
new text begin over new text end $500,000 deleted text begin to $999,999 deleted text end new text begin but not over $1,000,000 new text end |
$200 |
|
new text begin over new text end $1,000,000 deleted text begin to $2,499,999 deleted text end new text begin but not over $2,500,000 new text end |
$2,000 |
|
new text begin over new text end $2,500,000 deleted text begin to $4,999,999 deleted text end new text begin but not over $5,000,000 new text end |
$4,000 |
|
new text begin over new text end $5,000,000 deleted text begin to $7,499,999 deleted text end new text begin but not over $7,500,000 new text end |
$7,500 |
|
new text begin over new text end $7,500,000 deleted text begin to $9,999,999 deleted text end new text begin but not over $10,000,000 new text end |
$10,000 |
|
new text begin over new text end $10,000,000 deleted text begin to $12,499,999 deleted text end new text begin but not over $12,500,000 new text end |
$12,500 |
|
new text begin over new text end $12,500,000 deleted text begin to $14,999,999 deleted text end new text begin but not over $15,000,000 new text end |
$15,000 |
|
new text begin over new text end $15,000,000 deleted text begin to $17,499,999 deleted text end new text begin but not over $17,500,000 new text end |
$17,500 |
|
new text begin over new text end $17,500,000 deleted text begin to $19,999,999 deleted text end new text begin but not over $20,000,000 new text end |
$20,000 |
|
new text begin over new text end $20,000,000 deleted text begin to $22,499,999 deleted text end new text begin but not over $22,500,000 new text end |
$22,500 |
|
new text begin over new text end $22,500,000 deleted text begin to $24,999,999 deleted text end new text begin but not over $25,000,000 new text end |
$25,000 |
|
new text begin over new text end $25,000,000 deleted text begin to $27,499,999 deleted text end new text begin but not over $27,500,000 new text end |
$27,500 |
|
new text begin over new text end $27,500,000 deleted text begin to $29,999,999 deleted text end new text begin but not over $30,000,000 new text end |
$30,000 |
|
new text begin over new text end $30,000,000 deleted text begin to $39,999,999 deleted text end new text begin but not over $40,000,000 new text end |
$50,000 |
|
new text begin over new text end $40,000,000 deleted text begin and over deleted text end |
$75,000 |
new text begin
This section is effective July 1, 2014, and applies to aircraft
tax due on or after that date.
new text end