(1) The department shall publish on the state website a notification to sellers registered under the agreement of a change in rate or tax base within 5 business days of receiving notice of the public act number assigned by the secretary of state to the act that changes that tax rate or base or of an amendment to sales and use tax rules or regulations. Whenever possible, a rate or tax base change should occur on the first day of a calendar quarter.
  (2) Failure of a seller to receive notice under subsection (1), however, does not relieve the seller of its obligation to collect the sales or use tax.

Terms Used In Michigan Laws 205.831

  • Agreement: means the streamlined sales and use tax agreement. See Michigan Laws 205.803
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Board: means the governing board under the agreement. See Michigan Laws 205.803
  • Department: means the department of treasury. See Michigan Laws 205.803
  • 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.
  • 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
  • Use tax: means the tax levied under the use tax act. See Michigan Laws 205.803
  (3) The department shall complete a taxability matrix as provided for under section 328 of the agreement, maintain it in a database in a downloadable format approved by the board, and provide notice of changes in the matrix.
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