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MI SB0883
Bill
AI Summary
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Adds Section 14a to 2004 PA 175 (Streamlined Sales and Use Tax Revenue Equalization Act) to allow taxpayers to claim credits and refunds for sales taxes paid on core charges related to recycling fees, deposits, or disposal fees for components, parts, or batteries used in heavy earthmoving equipment
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Permits persons to calculate a credit equal to the full amount of sales tax paid on the applicable core charges and seek refunds from the department
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Became effective immediately upon approval by the Governor on December 21, 2010
Legislative Description
Sales tax; collections; streamlined sales and use tax revenue equalization act; provide credit for sales tax paid on core charge of heavy earthmoving equipment. Amends 2004 PA 175 (MCL 205.171 - 205.191) by adding sec. 14a.
Vehicles, equipment
Last Action
Assigned Pa 0333'10 With Immediate Effect
12/29/2010