Michigan Laws 205.803 – Definitions
Current as of: 2023 | Check for updates
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As used in this act:
(a) “Agreement” means the streamlined sales and use tax agreement.
Terms Used In Michigan Laws 205.803
- Agreement: means the streamlined sales and use tax agreement. See Michigan Laws 205.803
- Board: means the governing board under the agreement. See Michigan Laws 205.803
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the department of treasury. See Michigan Laws 205.803
- Fiduciary: A trustee, executor, or administrator.
- General sales tax act: means 1933 PA 167, MCL 205. See Michigan Laws 205.803
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation, or any other legal entity. See Michigan Laws 205.803
- Personal property: All property that is not real property.
- Sales tax: means the tax levied under the general sales tax act. See Michigan Laws 205.803
- Seller: means any person who sells, leases, or rents tangible personal property or services to another person. See Michigan Laws 205.803
- State: means any state of the United States or the District of Columbia. See Michigan Laws 205.803
- United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
- Use tax: means the tax levied under the use tax act. See Michigan Laws 205.803
- Use tax act: means 1937 PA 94, MCL 205. See Michigan Laws 205.803
(b) “Board” means the governing board under the agreement.
(c) “Certified automated system” means computer software certified under the agreement to calculate the tax imposed by each jurisdiction on a transaction, determine the amount of tax to remit to the appropriate state, and maintain a record of the transaction.
(d) “Certified service provider” means an agent certified under the agreement to perform all of the seller‘s sales and use tax functions, other than the seller’s obligation to remit tax on its own purchases.
(e) “Department” means the department of treasury.
(f) “General sales tax act” means 1933 PA 167, MCL 205.51 to 205.78.
(g) “Member state” means a state that has entered into the agreement.
(h) “Person” means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation, or any other legal entity.
(i) “Purchaser” means a person to whom a sale of tangible personal property is made or to whom a service is furnished.
(j) “Sales tax” means the tax levied under the general sales tax act.
(k) “Seller” means any person who sells, leases, or rents tangible personal property or services to another person.
(l) “Sourcing” means determining the tax situs of a transaction.
(m) “State” means any state of the United States or the District of Columbia.
(n) “Use tax” means the tax levied under the use tax act.
(o) “Use tax act” means 1937 PA 94, MCL 205.91 to 205.111.
(p) “Voluntary seller” means a seller who does not have a requirement to obtain a license or register to collect the sales or use tax for this state.