Hospitality Minnesota had the chance to advance our agenda when we were invited to testify in favor of making PPP tax-free in Minnesota. Today, Ben Wogsland spoke before the Senate Tax Committee in support of SF263, introduced by Senator Tom Bakk, a bill to conform Minnesota to the federal treatment of PPP funds.
This is one of Hospitality Minnesota’s top legislative priorities this session. As at the federal level, operators receiving emergency relief assistance in the form of PPP should not be taxed on these funds and should be able to make deductions for business expenses.
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