Minnesota § 278.08 INTEREST

Minnesota Statutes

§ 278.08 — INTEREST

Minnesota § 278.08

PartPROPERTY TAXES

Ch. 278REAL OR PERSONAL PROPERTY TAX; OBJECTION, DEFENSE

This text of Minnesota § 278.08 (INTEREST) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 278.08 (2026).

Text

Subdivision 1.Interest; penalty. In the case of real or personal property, the judgment must include the following interest:

(1)if the tax is sustained in full, interest on the unpaid part of the tax computed under section279.03, subdivision 1, at the rate provided in section549.09;

(2)if the tax is increased, interest on the unpaid part of the tax as originally assessed computed under section279.03, subdivision 1, at the rate provided in section549.09;

(3)if the tax is reduced, interest on the difference between the tax as recomputed and the amount previously paid computed under section279.03, subdivision 1, at the rate provided in section549.09. If the tax is sustained or increased, penalty on the unpaid part of the tax as originally assessed computed under section279.01must be inclu

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Subdivision 1.Interest; penalty.
In the case of real or personal property, the judgment must include the following interest:
(1) if the tax is sustained in full, interest on the unpaid part of the tax computed under section279.03, subdivision 1, at the rate provided in section549.09;
(2) if the tax is increased, interest on the unpaid part of the tax as originally assessed computed under section279.03, subdivision 1, at the rate provided in section549.09;
(3) if the tax is reduced, interest on the difference between the tax as recomputed and the amount previously paid computed under section279.03, subdivision 1, at the rate provided in section549.09.
If the tax is sustained or increased, penalty on the unpaid part of the tax as originally assessed computed under section279.01must be included in the judgment.

Subd. 2.Refund.
In the case of real or personal property, if the petitioner has overpaid the tax determined or stipulated to be due, the county auditor shall compute interest on the overpayment from the date of the filing of the petition for review or from the date of payment of the tax, whichever is later, until the date of issuance of the refund warrant. Interest shall be calculated on the overpayment under section279.03, subdivision 1, at the rate provided in section549.09for the year the tax became or remained overpaid. For the purposes of computing interest due under this subdivision, an overpayment occurs on the date when the cumulative total of the payments made by the taxpayer for the payable year exceed the final total tax amount determined for that payable year. In determining whether an overpayment has occurred, taxpayer payments are allocated first to any penalty imposed due to late payment of installments, then to the tax due.

Legislative History

(2126-8)1935 c 300 s 8;1980 c 443 s 4;1982 c 523 art 39 s 1;1986 c 473 s 8;1989 c 324 s 26;1993 c 375 art 3 s 36;1994 c 416 art 1 s 34;1996 c 471 art 3 s 25