Enacted Laws

Public Act 8 of 2009

by State of Michigan | Mar 06, 2009   ()

Allows a taxpayer to calculate the payments by using a methodology used to calculate Federal estimated payments. Prohibits a penalty from being assessed for an underpayment for a tax year ending before December 1, 2009, if the taxpayer paid 75% of the tax due. This bill is retroactive and effective for tax years beginning after December 31, 2007.

Introduced as Senate Bill 98.

Source: State of Michigan