The American city of Bloomington is situated in Hennepin County, Minnesota. With slightly over 82,000 inhabitants, it is the fifth-largest city in the state. Due to their close vicinity, Bloomington and Minneapolis are sometimes mistaken for one another, yet they are two distinct cities.
Despite not being a part of Minneapolis, Bloomington is unquestionably a part of the Minneapolis-Saint Paul metropolitan area. The city is only 10 miles south of Minneapolis, making it a short commute for individuals who live there, work there, or just wish to take advantage of the city’s many attractions.
Residents and visitors alike should be aware of the complexities surrounding taxation. Chocolate chips are exempt from sales tax in Minnesota because they are categorized as groceries. However, coffee beans are regarded as taxable goods. As a result, you will have to pay sales tax while buying coffee beans in Minnesota.
The state sales tax rate in Minnesota for restaurants is 6.875%. However, several counties and towns then tack on their own municipal taxes, which in some places can increase the overall restaurant tax rate to 10.775%.
When it comes to taxes in Minnesota, bakery products might also be a little challenging. A variety of bakery goods, including cookies, cakes, and pastries, are regarded as taxable while others, including bread and rolls, are classified as grocery products and are not. However, they could not be liable to tax if they are offered as part of a package with non-taxable items like a sandwich and a beverage. In conclusion, Bloomington is a significant component of the wider metropolitan area even if it isn’t formally a part of Minneapolis. Although there are some subtleties to be aware of when it comes to taxes, overall Minnesota’s tax regulations are quite simple. Knowing these tax rules will help you, whether you’re a resident or a visitor, make wise judgments about your purchases and ultimately save you money.