The Minnesota Department of Revenue may assess penalties and interest if you are late filing your cigarette or tobacco return, or making a payment.
The table below shows the penalties and interest we may assess, when they apply, and the rate for each type. If you disagree with the assessed penalty or interest, you may submit a written request for abatement.
If you: |
We will assess: |
The rate or amount will be: |
| do not pay your tax due by the 18th of the month after your return was filed |
a Late Payment penalty |
5% of the unpaid tax for each 30-day period (full or partial) that your payment is late, up to 15% |
| do not file your return by the 18th of the month after the end of your reporting month |
a Late Filing penalty |
5% of any unpaid tax |
| are required to make electronic payments but paid by check |
a Payment Method penalty |
5% of any payments that were not made electronically |
| make late tax payments for multiple reporting periods |
a Repeat penalty |
25% of the unpaid tax for each consecutive tax period that you make a late payment |
| do not make an adequate “June accelerated payment” |
an Accelerated Payment penalty |
10% of the amount that your accelerated payment was short of the actual June liability 1 |
| do not pay your tax by the due date |
Interest (rate is determined yearly) |
for 2011, 3% of the unpaid tax and penalty from the return due date until the tax is paid |
1 There is no penalty if your accelerated payment in June equals at least 90 percent of either May’s liability or June’s actual liability.
