MN SF4750

Department of Revenue must make corporate franchise tax information available on a website within one month from the first day of the third calendar year following the taxable year end.

Disclosure includes the corporation's franchise tax return, all related tax forms for income/apportionment/tax calculations, and the corporation's identity for state tax purposes.

Applies only to corporations required to file returns that have $250,000,000 or more in aggregate gross sales or receipts in a taxable year, including unitary businesses.

Department may not disclose federal tax returns or federal return information under this requirement.

Effective for information required to be made available in calendar years beginning after December 31, 2024.