Taxes

North Dakota

North Dakota state tax information

Corporate Income Tax

North Dakota Rate
$0–$25,000 1.41% of North Dakota taxable income
$25,000–$50,000 $352.50 + 3.55% of amount over $25,000
$50,000 and above $1,240.00 + 4.31% of amount over $50,000

 

Personal Income Tax

North Dakota – married, filing jointly Rate
$0–$62,900 1.10%
$62,900–$151,900 $691.90 + 2.04% of the amount over $62,900
$151,900–$231,450 $2,507.50 + 2.27% of the amount over $151,900
$231,450–$413,350 $4,313.29 + 2.64% of the amount over $231,450
$413,350 and above $9,115.45 + 2.90% of the amount over $411,500
North Dakota – married, filing separate Rate
$0–$31,450 1.10%
$31,450–$75,950 $345.95 + 2.04% of the amount over $31,450
$75,950–$115,725 $1,253.75 + 2.27% of the amount over $75,950
$115,725–$206,675 $2,156.64 + 2.64% of the amount over $115,725
$206,675 and above $4,557.72+ 2.90% of the amount over $206,675
North Dakota – filing single Rate
$0–$37,650 1.10%
$37,650–$90,150 $414.15 + 2.04% of the amount over $37,650
$91,150–$190,150 $1,505.55 + 2.27% of the amount over $91,150
$190,150–$413,350 $3,752.85 + 2.64% of the amount over $190,150
$413,350 and above $9,645.33 + 2.92% of the amount over $413,350
North Dakota – head of household Rate
$0–$50,400 1.10%
$50,400–$130,150 $554.40 + 2.04% of the amount over $50,400
$130,150–$210,800 $2,181.30 + 2.27% of the amount over $130,150
$210,800–$413,350 $4,012.06 + 2.64% of the amount over $210,800
$413,350 and above $9,359.38 + 2.90% of the amount over $413,350

 

Corporate Property Tax

Property tax rates in Cass County, N.D. are based on the market value of the assessed property. Rates vary according to municipality, type of property and the jurisdiction levy. To calculate property tax on a specific piece of property, please visit the Cass County assessor’s website.

 

Unemployment Insurance Tax

North Dakota

When employers become liable for unemployment insurance, they are qualified as “new employers” and are assigned a new employer rate. Tax rates are re-determined for each calendar year based on the employer’s history as of the preceding October.

If prior to October, then “non-construction” employers that have at least six quarters of coverage are classified as “experience-rated” employers beginning that calendar year. Otherwise they continue as “new employers.” Experience-rated employers are assigned rates based on their record of unemployment insurance taxes paid and benefits charged.

The rates vary each year depending on the employer’s individual history and the condition of the state’s unemployment compensation trust fund. The maximum amount of each worker’s wages subject to taxation each year is 70 percent of the calculated statewide average annual payroll.

 

Minnesota

Minnesota state tax information

Corporate Income Tax

Minnesota* Rate
All income levels 9.8%
Minnesota Alternative Minimum Tax 6.75%

Personal Income Tax

Minnesota – married, filing jointly Rate
$0–$37,110 5.35%
$37,110–$147,450 7.05%
$147,450–$261,510 7.85%
$261,510 and above 9.85%
Minnesota – married, filing separate Rate
$0–$18,560 5.35%
$18,560–$73,730 7.05%
$73,730–$130,760 7.85%
$130,760 and above 9.85%
Minnesota – filing single Rate
$0–$25,390 5.35%
$25,390–$83,400 7.05%
$83,400–$156,900 7.85%
$156,900 and above 9.85%
Minnesota – head of household Rate
$0–$31,260 5.35%
$31,260–$125,600 7.05%
$125,600–$209,200 7.85%
$209,200 and above 9.85%

 

Corporate Property Tax

Property tax rates in Clay County, Minn. are based on the market value of the assessed property. Rates vary according to municipality, type of property and jurisdiction levy. To calculate property tax on a specific assessed value, please visit the property tax calculator provided by the League of Minnesota Cities.

 

Unemployment Insurance Tax

Minnesota

  • 2015 Taxable Wage Base is $30,000
  • Base Tax Rate: 0.10% of taxable wages*

Minnesota’s Unemployment Insurance tax rates vary each year depending on the employer’s individual history and the condition of the Minnesota UI Trust Fund. If the balance of the UI Trust Fund falls below a certain level, an additional assessment takes effect for the following year. In 2015, and additional assessment of 0% of the tax due is in effect.  There is also a workforce development assessment of 0.10% of taxable wages.

*Tax rates of employers with an experience rating vary depending on the amount of the unemployment insurance benefits charged to their account.  Tax rates for a new employer are either 1.66% (total of 1.86% when adding 0.10% base rate and 0.10% workforce development assessment) for non-high experience rating industries or 8.90% (total of 9.10% when adding 0.10% base rate and 0.10% workforce development assessment) for high experience rating industries.