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Rochester Residents Surprised to Learn Of DMC Tax

Rochester Residents Surprised to Learn Of DMC Tax Yesterday a woman posted a photo of a receipt from a local restaurant to the Spotted in Rochester Facebook group. The receipt showed her total bill was $24 and that included a charge of $1.88 for Minnesota sales tax, $0.18 for Rochester city tax, and $0.12 for the DMC tax. The woman asked the group, Am I missing something?? When did we start getting taxed for DMC??   The post has dozens of comments with another person asking, So does every business charge this DMC tax? This tax has been around for several years so I was kind of surprised to see that people are still learning about it. Most businesses just lump it in under the city sales tax though so I can see how someone seeing DMC on a receipt might be confused.

Nanodropper Completes $1 4 Million Seed Funding Round

Share this article Share this article ROCHESTER, Minn., April 19, 2021 /PRNewswire/  Nanodropper, Inc., a medical device company offering a first-of-its-kind eyedrop bottle adaptor that reduces eyedrop size, recently completed a $1.4 million seed round.  Golden Seeds, a recognized leader in the movement to accelerate funding to women entrepreneurs, represents Nanodropper s first institutional investor after a multiple-year run of non-dilutive funding through inventor competitions, state and local grant support, and an initial funding round of investors that included optometrists, ophthalmologists, and other healthcare professionals who believe in Nanodropper s product and business model.  Golden Seeds is delighted to be an investor in Nanodropper. We believe the company solves a crucial problem well known by clinicians, payors and most importantly patients. This product is expected to provide much needed precision for glaucoma patients while providing a more cost effective s

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