Subdivision 1. Tax on real estate. All real property of an airline company and all personal property thereof except flight property shall be taxed as otherwise provided by law.
Subd. 2. Assessment of flight property. Flight property that is owned by, or is leased, loaned, or otherwise made available to an airline company operating in Minnesota shall be assessed and appraised annually by the commissioner with reference to its value on January 2 of the assessment year in the manner prescribed by sections 270.071 to 270.079.
Subd. 3. Report by airline company. (a) Each year, on or before July 1, every airline company engaged in air commerce in this state shall file with the commissioner a report under oath setting forth specifically the information prescribed by the commissioner to enable the commissioner to make the assessment required in sections 270.071 to 270.079, unless the commissioner determines that the airline company is exempt from filing.
(b) The commissioner shall prescribe the content, format, and manner of the report pursuant to section 270C.30, except that a "law administered by the commissioner" includes the property tax laws. If a report is made by electronic means, the taxpayer's signature is defined pursuant to section 270C.304, except that a "law administered by the commissioner" includes the property tax laws.
Subd. 3a. Commissioner filed reports. If an airline company fails to file a report required by subdivision 3, the commissioner may, from information in the commissioner's possession or obtainable by the commissioner, make and file a report for the airline company, or may issue a notice of net tax capacity and tax under section 270.075, subdivision 2.
Subd. 4. Extension of time. The commissioner for good cause may extend for not to exceed 30 days the time for making a report.
Subd. 5. [Repealed, 2000 c 490 art 5 s 40]
Subd. 6. Air flight property tax lien. The tax imposed under sections 270.071 to 270.079 is a lien on all real and personal property within this state of the airline company in whose name the property is assessed. The lien attaches on January 2 of each year for the taxes payable in the following year.
1945 c 418 s 2,3,7,10; 1976 c 334 s 3,4; 1986 c 444; 1989 c 277 art 2 s 9,10; 1993 c 375 art 3 s 3; 2000 c 490 art 5 s 1,2; 2005 c 151 art 2 s 17; 2008 c 154 art 13 s 2-4; 1Sp2017 c 1 art 15 s 6-8
Structure Minnesota Statutes
Chapters 270 - 271 — Taxation, Supervision, Data Practices
Chapter 270 — Various Taxes And State Boards
Section 270.071 — Definitions.
Section 270.072 — Taxation And Assessment Of Flight Property.
Section 270.0735 — Examination; Investigations; Subpoenas.
Section 270.074 — Valuation Of Flight Property; Methods Of Apportionment; Ratio Of Tax.
Section 270.077 — Taxes Credited To State Airports Fund.
Section 270.078 — Not To Conflict With Federal Law.
Section 270.079 — Reciprocal Arrangement With Other States.
Section 270.11 — Powers; Meetings.
Section 270.12 — State Board Of Equalization; Duties.
Section 270.41 — Board Of Assessors.
Section 270.44 — Licensing And Grading Report Fees.
Section 270.45 — Disposition Of Fees And Fines.
Section 270.455 — Refunds Of Fees.
Section 270.46 — Training Courses; Regulation.
Section 270.48 — Licensure Of Qualified Persons.
Section 270.50 — Employment Of Licensed Assessors.
Section 270.81 — Taxation And Assessment Of Railroad Company Property.
Section 270.82 — Reports Of Railroad Companies.
Section 270.83 — Examinations And Investigations.
Section 270.84 — Annual Valuation Of Operating Property.
Section 270.86 — Apportionment And Equalization Of Valuation.
Section 270.87 — Certification To County Assessors.
Section 270.91 — Contamination Tax.
Section 270.93 — Tax Base; Contamination Value.
Section 270.95 — Payment; Administration.