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Public Act 240 of 2014

by State of Michigan | Apr 27, 2014   ()

The bill amends the revenue Act to establish an offer-in-compromise program, which authorizes the State Treasurer to compromise the payment of a tax, unpaid account, or amount due the State subject to administration under the Act, if doubt exist as to liability or collectability or if there is a substantial probability that a compromise would further the fair and efficient administration of the tax.

Introduced as House Bill 4003.

Source: State of Michigan

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