2005 Minnesota Statutes

     469.324 Tax incentives in international economic 
  development zone. 

    Subdivision 1.    Availability.  Qualified businesses 
 that operate in an international economic development zone, 
 individuals who invest in a regional distribution center or 
 qualified businesses that operate in an international economic 
 development zone, and property located in an international 
 economic development zone qualify for: 

    (1) exemption from individual income taxes as provided 
 under section 469.325; 

    (2) exemption from corporate franchise taxes as provided 
 under section 469.326; 

    (3) exemption from the state sales and use tax and any 
 local sales and use taxes on qualifying purchases as provided in 
 section 297A.68, subdivision 41; 

    (4) exemption from the property tax as provided in section 
 272.02, subdivision 68; and 

    (5) the jobs credit allowed under section 469.327. 

    HIST: 1Sp2005 c 3 art 10 s 17