Estate Tax – Department of Revenue Study – a message from Duane Arens

March 24, 2014 at 4:31 pm

One of the public policy issues that has emerged in the state legislative session is the Estate tax. This is a law that passed late in the session last year and is just now catching some attention. There is non-Minnesota resident language in the bill targeting the very wealthy now living out of state, but with expensive property still in Minnesota. Although the intent of that language was to close a loophole, the unintentional consequence could be difficulty attracting out-of-state investors to Minnesota companies. View PDF of the Department of Revenue Study on the Estate Tax.
Duane Arens, NAIOP Minnesota Director of Public Policy | (612) 670-6715
 

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