Enacted Laws

Public Act 565 of 2014

by State of Michigan | Apr 06, 2015   ()

The act, Public Act 565 of 2014 amends the revenue Act to require the Department of Treasury, within six months after the date the bill was enacted, to publish and make available to the public in printed and electronic formats the Department's internal policy directives, audit standards, sampling manual, cash basis sales tax audit overview, industrial processing sales and use tax manual, contractors sales and use tax manual, and other deductions sales and use tax manual. This requirement would not be subject to Section 6a (which pertains to taxpayer reliance on Treasury bulletins or revenue rulings). The Act permits the Department periodically to issue bulletins that index and explain current Department interpretations of current State tax laws. Each bulletin or letter ruling issued by the Department must be made available to the public in printed and electronic formats. The Department may charge a reasonable fee, not to exceed printing costs, for subscriptions to this service. The money received from the sale of subscriptions must be deposited in the Taxation Manual Revolving Fund.

Introduced as House Bill 4292.

Source: State of Michigan