Corporate Franchise Tax Revenue Notices

​Revenue notices are policy statements that provide interpretation, details, or supplementary information concerning Minnesota state tax laws or rules. Minnesota Statutes section 270C.07 gives the commissioner the authority to publish revenue notices. They are published for the information and guidance of taxpayers, local government officials, the department, and others concerned.

The first two digits of each revenue notice indicate the year the notice was issued. Notices are listed below by number.

Corporate Franchise Tax Revenue Notices   Title  Ascending Descending Description  Revenue Notice Type  Ascending Descending Clear Filter from Revenue Notice Type   (Empty)   Amended   Corrected   New   Repealed   Replaced   Revoked   Superseded 12-06 Individual Income, Corporate Franchise and Insurance Premium Tax – Historic Structure Rehabilitation Credit – Assignment of Credit Certificate New 11-02 Individual Income Tax and Corporate Franchise Tax - Job Opportunity Building Zone Exemptions - Patronage Dividends New 11-01 Corporate Franchise Tax - Job Opportunity Building Zones - Corporate Member of a Pass-Through Entity New 10-04 Individual Income and Corporate Franchise Tax - Credits and Additions to Federal Taxable Income - Michigan Business Tax New 09-07 Corporate Franchise Tax - Property Factor; Drop Shipping New 08-08 Individual Income and Corporate Franchise Tax - Credits and Additions to Federal Taxable Income - Net Income Taxes Paid to Another State 08-04 Corporate Income Tax - Apportionment of Income; Two-Factor and One-Factor Weighted Formulas; Revocation of Revenue Notice 02-06 08-03 Corporate Franchise Tax - Treatment of Partnership Income of Corporate Partners; Revocation of Revenue Notice 92-16 06-02 Job Opportunity Building Zones - Definition of Qualified Business - Prohibition Against Retail 05-10 Corporate Franchise Tax - Revocation of Revenue Notice 94-17 04-07 Corporate Franchise Tax - Petition for Use of Alternative Method of Allocation 02-20 Technical Corrections of Prior Revenue Notices (Amended by Revenue Notice #09-01) Amended 02-06 Corporate Franchise Tax - Apportionment of Income; Two-Factor and One-Factor Weighted Formulas; Revocation of Revenue Notice 94-02 Revoked 02-03 Corporate Franchise Tax - Revocation of Revenue Notice 96-19 01-03 Clarification of Revenue Notice 01-02 Revoked 01-02 Tax Relief for the Victims of the Terrorist Attack on the World Trade Center and Pentagon Revoked 01-01 Individual Income Tax and Corporate Franchise Tax - 2001 Estimated Tax Requirements of Shareholders of S Corp Banks, and the Treatment of Estimated Tax Payments of S Corporation Banks Made Prior to the Repeal of the Corporate Franchise Tax on S Corp Banks Revoked 99-17 Corporate Franchise Tax - Claim for Refund 99-07 Corporate Franchise Tax - Application of IRC §382 in Computing Minnesota Net Operating Loss Deduction 98-09 Corporate Franchise Tax - Minnesota Taxation of Qualified Subchapter S Subsidiaries (QSSS) 98-08 Income and Corporate Franchise Tax - Federal Entity "Check the Box" Classifications 97-03 Corporate Income and Franchise Tax -Federal Entity "Check the Box" Classification Rule Superseded 96-19 Corporate Franchise Tax - Mutual Life Insurance Companies Revoked 96-16 Corporate Franchise & Sales and Use Tax Nexus - In-State Repair Services by Computer Companies 95-06 Corporation Franchise for Nonprofit Organizations - M4-NP 1994 Filers; Automatic Abatement of Penalties Repealed 94-17 Corporate Franchise Tax - Foreign Operating Corporation (FOC) Factors Revoked 94-07 Corporation Franchise for Nonprofit Organizations - Extension of due dates for 1993 tax returns of exempt organizations Replaced 94-02 Corporate Income Tax - Apportionment of Income - Two-Factor Weighted Formula Revoked 93-25 Income Tax - Reduction of Designated Counties Job Creation Credit Repealed 93-24 Corporate Franchise Tax - Royalties, Fees and Other Like Income Corrected 93-02 Corporations - Safe Harbor Leasing (Apportionment Factors) 92-16 Corporate Franchise Tax - Treatment of Partnership Income of Corporate Partners Revoked 92-14 Revocation of Revenue Notice 91-19 92-01 Insurance - Aggregation Corrected 91-19 Aggregation of Capital Gains and Losses Not Permitted Revoked 91-17 Reporting Required of Regulated Investment Companies of Federally Tax-Exempt Interest Dividends