The Greater Minnesota Job Expansion Program provides tax benefits to businesses located in Greater Minnesota that increase employment. Qualifying businesses that meet-job-growth goals may receive sales tax refunds for purchases made during a seven-year period.
Purchases and use of tangible personal property and taxable services made by a qualified business are eligible for sales tax refund.
Purchase and use of construction materials and supplies for property improvements by a qualified business in Greater Minnesota are also eligible (whether the purchases are made directly by the business or by the contractor).
Maximum sales tax refund for qualifying businesses is $2 million annually and $10 million over the seven-year certification period.