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Legislative & Regulatory Advocacy

Business Tax Reform

Treasury to Update Site with MBT Surcharge Info

12/4/2007

The Michigan Department of Treasury will be updating its Web site with information regarding the newly passed Michigan Business Tax (MBT) surcharge, which replaced the expanded services tax on 12/1/07.

The site also includes information on the options for any company that collected the money from the services tax during its short lifespan. If a company collected the tax, it can either refund the money back to the customer or remit those funds to the state. If a company chooses to remit the money, in most cases it would be due to the state by 1/20/08.


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