NAIOP Minnesota advocates for repeal of warehouse services sales tax

August 15, 2013 at 5:03 pm

NAIOP Minnesota’s Board of Directors expresses concerns about the new warehouse services sales tax to Governor Dayton, all 201 Minnesota legislators and the Commissioner of Revenue.

“…please make a commitment to repeal this business-to business sales tax before its implementation on April1, 2014.”

Read the letter

Willson_Chris_2013_web

“This tax may not only impact our fulfillment and third party logistics tenants. Other companies may also find themselves covered by the law’s vague language.”

Chris Willson, Senior Regional Director, First Industrial
Minnesota Real Estate Journal, July, 2013


11th Hour Anti-Competitive Warehousing Tax: A Big Loser For Owners Of Industrial Properties… And For Minnesota?

“NAIOP’s 750 members have major concerns that taxing third party logistics firms could lead eventually to broader taxation of all users of office, warehouse, and industrial space.”
David Kordonowy, President of Steiner Development and President of NAIOP Minnesota
Minnesota Real Estate Journal, July, 2013

Industry’s View: Warehousing Tax Will Send Minnesota Businesses Away

“There are layers of these types of services in many companies, so just where and how the tax will impact them is difficult to predict. However, most of them can cure their problem by simply moving across the border to Wisconsin.”
Pat Mascia, Senior Vice President of Duke Realty
Duluth News Tribune, August 4, 2013

Entry filed under: Featured Articles, Public Policy | Government Affairs.

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For more information about NAIOP Minnesota, visit www.NAIOPMN.org.

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