MIRS Capitol Capsule, Friday, October 26, 2007

Service Tax Web Site Up

The Department of Treasury's long-awaited informational Web site on the details of the recent use tax expansion to certain services was made live today at www.michigan.gov/taxchanges.

The Web page is billed as offering an "easy-to-understand" description of what has become known as the "Service Tax" and provides important information (and guidelines) that will help businesses determine if they are subject to the tax and, if so, how to comply with the extension to select services.  The page also includes descriptions of the services subject to, and exempt from the tax, as well as filing dates, forms, and frequently asked questions.

The Web page for the income tax rate change includes updated withholding tables for businesses as well as forms and instructions for employers who file withholding taxes.

"The department faces very tight timelines for implementing all of these tax changes," said Treasury Spokesman Terry Stanton.  "The Treasury Web site, with additional information on each of the subject pages, will continue to be an important compenent of our outreach to Michigan's business community and the tax professionals many of those businesses depend on".