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Corporate tax trial that could cost Minnesota $700 million opens

2015-03-20 01:18:46| Paper - Topix.net

Minnesota could wind up owing hundreds of millions of dollars in tax refunds if the state loses a pending tax court case, the state solicitor general told a panel of judges Thursday. The Minnesota Tax Court heard three hours of arguments in the case, which has to do with how multistate corporations calculate tax liability in Minnesota.

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