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Last Updated: 10/10/2016

What's new for Corporation Franchise Tax for 2016?

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​Minimum Fee Indexed for Inflation

The minimum fee brackets and amounts are indexed for inflation each year. The brackets and amounts for 2016 are: 

​​​If your total Minnesota property, payroll and sales is: ​​​Your minimum fee is:
​Less than $970,000 ​​​$0
​​$970,000 to $1,939,999 ​​$200
​​​$1,940,000 to $9,689,999 ​​$580
​​$9,690,000 to $19,379,999 ​​$1,940
​​​$19,380,000 to $38,769,999 ​​​$3,880
​​$38,770,000 or more ​​​$9,690