The selling price is direct from your settlement sheet. The underlying assets sold may have a current value of zero if fully depreciated.The equipment sold is used. Consider all costs at time of acquisition or construction. Registering Your Business​​ Before you make any taxable sales in Minnesota, you must register for a Minnesota Tax ID Number and a Sales and Use Tax account. To access the following reports in the Tax category, select File, Print, then select Tax from the dropdown in the Category field. Start out with crediting the original purchase price. Credit improvements if you capitalized these. This often involves settling accounts with vendors, creditors, and fulfilling tax obligations specific to Minnesota. You must file your Sales and Use Tax return online through our eServices system.