Minnesota § 296A.14 TAX AS PERSONAL DEBT OF FIDUCIARY

Minnesota Statutes

§ 296A.14 — TAX AS PERSONAL DEBT OF FIDUCIARY

Minnesota § 296A.14

PartEXCISE AND SALES TAXES

Ch. 296ATAX ON PETROLEUM AND OTHER FUELS

This text of Minnesota § 296A.14 (TAX AS PERSONAL DEBT OF FIDUCIARY) 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. § 296A.14 (2026).

Text

The tax imposed by this chapter, and interest and penalties, is a personal debt of the taxpayer from the time the liability arises, regardless of when the time for discharging the liability by payment occurs. The debt is, in the case of any fiduciary, that of the individual in the individual's official or fiduciary capacity only, unless the individual has voluntarily distributed the assets held in that capacity without reserving sufficient assets to pay the tax, interest, and penalties, in which event the individual is personally liable for the deficiency.

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The tax imposed by this chapter, and interest and penalties, is a personal debt of the taxpayer from the time the liability arises, regardless of when the time for discharging the liability by payment occurs. The debt is, in the case of any fiduciary, that of the individual in the individual's official or fiduciary capacity only, unless the individual has voluntarily distributed the assets held in that capacity without reserving sufficient assets to pay the tax, interest, and penalties, in which event the individual is personally liable for the deficiency.