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The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
The largest tax increase in the proposal is the raising of Michigan's state sales tax from 6% to 7%. [2] [19] An additional law, Public Act 553, passed in December 2014 and taking effect in October 2015, will require certain Internet retailers, such as Amazon.com, to collect Michigan's sales tax at the point of purchase.
Local government cannot impose a sales tax. Michigan raised the sales tax rate to 6% from 4% in 1994. Michigan Ballot Proposal 2015-1, which was opposed by 80% of voters, would have raised the sales and use taxes to 7%. In 2007, Michigan passed a law extending the sales tax to services, but repealed it the day it was to go into effect.
The Michigan Treasury is processing both the supplemental checks for the 2022 tax year for the Michigan earned income tax credit and individual income tax refunds for the 2023 tax year.
A new sales tax increase for Coshocton County was last passed by voters in the 2021 fall general election. Commissioners: Public hearings to be held June 17 and 26 regarding sales tax renewal Skip ...
The tax, first passed in 2004 and renewed by voters in 2014, will sunset Dec. 31, 2024. City staff has been preparing for a renewal request by working with engineers to prepare a list of projects ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
The Michigan Department of State announced new drivers license and state ID changes and the return of a retro license plate.