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Fargo Moorhead Taxes
The Fargo Moorhead area offers a very favorable corporate tax structure whether locating in North Dakota or Minnesota. Minnesota's Border City legislation offers unique tax credits to companies that locate in Clay County, MN. All income levels: | 9.8% | Minnesota Alternative Minimum Tax: | 5.8% |
Bracket/Basis | $0 to $2,999 | 2.6% | | $3,000 to $7,999 | 4.1% | | $8,000 to $19,999 | 5.6% | | $20,000 to $29,999 | 6.4% | | $30,000 and up | 6.5% |
Bracket/Basis | $0 to $31,860 | 5.35% | | $31,861 to $126,580 | 7.05% | | $126,581 and up | 7.85% |
Bracket/Basis | $0 to $51,200 | 2.1% | | $51,201 to $123,700 | 3.92% | | $123,701 to $188,450 | 4.34% | | $188,451 to $336,550 | 5.04% | | $336,550 and up | 5.54% |
Bracket/Basis | State Sales Tax: | 6.5% | Exemptions: Food, Clothing, Prescription Drugs |
Bracket/Basis | State Sales Tax: | 5.0% | | Additional Fargo Sales Tax: | 1.0% | Exemptions: Food, Prescription Drugs |
Comm. & Indus. by Selected City | Fargo: | 2.3% | | West Fargo: | 2.1% | | Moorhead: | 2.30% |
Manufacturing | 4.40% | Office Work | 0.40% | Taxable Base - applies to entire wage | |
Manufacturing | 3.4%* | Office Work | 0.45% | Taxable Base - applies to wages up to $21,300 | | *Percent given for light assembly employment. |
Taxable Base: | $25,000 | Starting Rate: | 1.98% |
Taxable Base: | $21,300 | Starting Rate: | 1.60% |
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Taxes
Transportation