2007 Minnesota Code
Chapters 289A - 293 Various State Taxes and Programs
Chapter 293 Educational Institutions; Exempt Property, Income
Section 293.09 WITHHOLDING OF TAX BY EDUCATIONAL INSTITUTION; LIABILITY ON FAILURE TO WITHHOLD.
293.09 WITHHOLDING OF TAX BY EDUCATIONAL INSTITUTION; LIABILITY
ON FAILURE TO WITHHOLD.
Every educational institution making such income or annuity payments which are subject
to tax hereunder and upon which the tax has not been paid shall, at the time the payments are
made, withhold and deduct therefrom the amount of the tax due thereon, and pay the same to the
commissioner of finance. Failure to withhold the tax and to make payment, at the time and in the
manner hereinbefore required, shall render the educational institution liable for the amount of the
tax, with interest at the rate of 12 percent per annum from the time the tax should have been paid,
to be recovered in an action by the attorney general for and in behalf of the state.
History: (2394-99) Ex1937 c 91 s 9; 2003 c 112 art 2 s 50
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