Lakeville Sales Tax Guide 2025 (Minnesota)
Lakeville, MN, applies state and local sales tax rates to support essential city services and infrastructure projects. Businesses must adhere to Lakeville sales tax regulations to ensure compliance and accurate tax collection. Certain exemptions provide financial relief, while tax revenue contributes to the city’s continued growth and development. This guide provides essential insights into local tax ordinance and Minnesota sales tax laws, helping you stay compliant and avoid penalties for smooth business operations.
Lakeville MN Sales Tax Rate (Minnesota)
The combined sales tax rate in Lakeville, MN, is 8.13%, which includes the state sales tax, special and local tax with no additional county and city taxes.
| Jurisdiction | Sales tax rate |
|---|---|
| State Tax | 6.88% |
| County Tax | 0.0% |
| City Tax | 0.0% |
| Special and Local Tax | 1.25% |
| Combined Tax | 8.13% |
Lakeville Sales Tax Calculator
A Lakeville sales tax calculator helps businesses calculate the tax owed on transactions by applying the 8.13% combined tax rate. This rate includes the 6.88% state tax and a 1.25% special and local tax, with no county tax or city tax. Retailers can use a sales tax calculator and tax rate lookup tools to ensure accurate tax calculations and compliance with Minnesota's tax laws.
Scenario: A retailer in Lakeville, MN, sells an item priced at $4,000. The total sales tax rate is 8.13%.
- State Tax (6.88%): $4,000 × 6.88% = $275.20
- County Tax (0.0%): No county tax applies.
- City Tax (0.0%): No city tax applies.
- Special and Local Tax (1.25%): $4,000 × 1.25% = $50.00
- Total Combined Tax: $275.20 + $50.00 = $325.20
Final Total Price: $4,000 + $325.20 = $4,325.20
By using a Lakeville sales tax calculator and tax rate lookup tools, businesses can correctly apply the sales tax, ensuring they remain compliant with Minnesota's sales tax and use tax requirements.
FAQs
What is the current sales tax in MN?
As of January 2025, Minnesota’s state sales tax rate is 6.875%. Local jurisdictions may impose additional taxes, leading to varying combined sales tax rates across the state.
What is Lakeville, CT, sales tax?
Lakeville, Connecticut, applies the state’s standard sales tax rate of 6.35% to most goods and services, with no additional local taxes.
What is the sales tax in Lakeville, MA?
In Lakeville, Massachusetts, the sales tax rate is 6.25%, which is the state rate, as there are no additional local taxes imposed.
Who Needs to Collect Sales Tax in Lakeville?
Sales tax collection in Lakeville is required for businesses that meet the following criteria:
1. Physical Presence: Businesses with a store, office, warehouse, or employee in Lakeville.
2. Economic Nexus: Out-of-state businesses exceeding $100,000 in Minnesota.
Not sure if your business meets these criteria? Kintsugi’s Nexus Analysis Tool can help you determine your sales tax obligations.
What Is Taxable in Lakeville?
In Lakeville, Minnesota, sales tax applies to:
1. Tangible personal property (e.g., electronics, clothing, furniture).
2. Certain services.
There are also exemptions for items like General Clothing, Grocery Food, Machinery, Raw Materials, Utilities & Fuel, Medical Devices, Medicines, Newspapers, General Occasional Sales, Motor Vehicles Occasional Sales, General Optional Maintenance Contracts, General Trade-Ins. Ensure you check with your state’s tax authority or consult Kintsugi for clarity.
How to File Sales Tax in Lakeville
Here’s a step-by-step guide for filing your sales tax returns:
1. Register Your Business: Get a sales tax permit through the https://www.revenue.state.mn.us/sales-and-use-tax.
2. Collect Sales Tax: Accurately calculate sales tax on taxable transactions.
3. File and Pay: Submit sales tax returns through https://www.revenue.state.mn.us/sales-and-use-tax by the [state-specific deadline]—monthly, quarterly, or annually depending on your sales volume.
Kintsugi’s Automated Filing Service streamlines the process, ensuring accuracy and timeliness.
Common Challenges in Sales Tax Compliance
Businesses in Lakeville often face these issues:
1. Tracking tax rate changes for city, county, and special districts.
2. Managing exemptions and resale certificates.
3. Reconciling returns for accurate filing.
Kintsugi’s AI-Driven Compliance Solution takes the guesswork out of sales tax, handling rate calculations, exemption management, and filing across all jurisdictions.
Why Choose Kintsugi for Sales Tax Compliance?
Kintsugi is more than a software solution—we’re your trusted partner in sales tax compliance. Here’s how we help:
1. Real-Time Rate Calculation across billing, payments, and e-commerce platforms.
2. Nexus Tracking to identify where you need to register and collect tax.
3. Automated Filing to save time and reduce errors.
4. Audit Support to give you peace of mind.
A direct-to-consumer brand, recovered over $200K in overpaid sales tax within their first month of switching to Kintsugi. Your business could be next.
Ready to Simplify Sales Tax Compliance in Lakeville?
With Kintsugi, managing sales tax is effortless. Whether you're just starting out or scaling across multiple states, we have the tools to help you stay compliant and grow with confidence.
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Find Sales Tax Information for Other Cities in Minnesota
Looking for sales tax rates and compliance details for other cities in Minnesota? Check out our comprehensive table of sales tax information for cities across the state in the table below
| City | Sales tax rate |
|---|---|
| Farmington | 8.12% |
| Forest Lake | 8.38% |
| Frontenac | 7.38% |
| Goodhue | 7.38% |
| Grandy | 7.38% |
| Grasston | 7.38% |
| Hampton | 8.12% |
| Harris | 7.38% |
| Hastings | 8.38% |
| Henriette | 7.38% |
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