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Hidden categories: Articles with short description. Namespaces Article Talk. Views Read Edit View history. If a business has a Minnesota Tax ID, and is registered for the tax types that it needs to collect and submit, then it does not need to apply for any additional numbers from the Minnesota Department of Revenue. View Employers and Agents. Consultants at our Small Business Assistance Office can help you understand more about the basics of business taxation.
And our network of Small Business Development Centers has experts located in nine main regional offices and several satellite centers statewide.
Our Guide to Starting a Business in Minnesota provides a detailed look at this and other important issues. Cloud West St.
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Tax Identification Numbers Taxes are inevitable in business, and many startups will need one or more tax identification numbers, including: A federal employer identification number A Minnesota taxpayer identification number A Minnesota unemployment insurance employer account number New tax identification numbers must be obtained each time the ownership or form of business organization changes.
Federal Employer Identification Number Sole proprietors who do not have employees, who are not required to file information returns, who do not have a retirement plan for themselves, and who are not required to pay federal excise taxes in connection with their business generally may use their social security number as their federal employer identification number also known as Federal Tax Identification Number FTIN. Minnesota Taxpayer Identification Number A business needs to obtain a Minnesota tax identification number a seven digit number assigned by the Department of Revenue if it is required to file information returns for income tax purposes, has employees, makes taxable sales, or owes use tax on its purchases.
What's the Difference? Minnesota does not have a separate sales tax permit or employer ID number. Learn More Consultants at our Small Business Assistance Office can help you understand more about the basics of business taxation.