Section 206.723 – Partnership Level Audits; Administrative Adjustment Requests; Reporting Requirements; State Partnership Representative; Irrevocable Election to Pay Tax; Reporting to Partners; Alternative Reporting and Payment Methods; Credit or Refund of Overpayment; Rules.
206.723 Partnership level audits; administrative adjustment requests; reporting requirements; state partnership representative; irrevocable election to pay tax; reporting to partners; alternative reporting and payment methods; credit or refund of overpayment; rules. Sec. 723. (1) Except for adjustments required to be reported for federal purposes by taking those adjustments into account in the partnership return for […]
Section 206.725 – Effective Date of Chapter.
206.725 Effective date of chapter. Sec. 725. This chapter is effective and applies to all tax years that begin on and after January 1, 2018. History: Add. 2022, Act 148, Imd. Eff. July 19, 2022 Compiler’s Notes: Enacting section 1 of Act 148 of 2022 provides:”Enacting section 1. This amendatory act is retroactive and applies […]
Section 206.705 – Payment at Other Than Monthly Periods or Deposit in Separate Bank Account; Grounds.
206.705 Payment at other than monthly periods or deposit in separate bank account; grounds. Sec. 705. All provisions relating to the administration, collection, and enforcement of this act and 1941 PA 122, MCL 205.1 to 205.31, apply to all persons required to withhold taxes and to the taxes required to be withheld under this part. […]
Section 206.707 – Filing 1099-Misc; Failure to Comply With Filing Requirement; Penalty; Filing With City.
206.707 Filing 1099-MISC; failure to comply with filing requirement; penalty; filing with city. Sec. 707. (1) A person required under the internal revenue code to file a form 1099-MISC for a tax year shall file a copy of that form 1099-MISC with the department on or before January 31 each year or on or before […]
Section 206.709 – Federal or State Employer; Return by Officer of Employer Having Control of Payment of Compensation.
206.709 Federal or state employer; return by officer of employer having control of payment of compensation. Sec. 709. If the employer is the United States or this state, or any political subdivision of the United States or this state, or any agency or instrumentality of any of the foregoing, the return of the amount deducted […]
Section 206.711 – Income Other Than Distributive Share From Flow-Through Entity; Tax Withholding and Deduction; Duplicate Statement; Annual Reconciliation Return; Agreement With Community College; Delineation of Taxes Withheld and Paid to State Attributable to Certified New Jobs Under Good Jobs for Michigan Program; Filing Revised Information; Failure or Refusal to Furnish Information.
206.711 Income other than distributive share from flow-through entity; tax withholding and deduction; duplicate statement; annual reconciliation return; agreement with community college; delineation of taxes withheld and paid to state attributable to certified new jobs under good jobs for Michigan program; filing revised information; failure or refusal to furnish information. Sec. 711. (1) Every person […]
Section 206.713 – Report on Operation and Effectiveness of New Jobs Training Programs and Corresponding Withholding Requirements; Contents.
206.713 Report on operation and effectiveness of new jobs training programs and corresponding withholding requirements; contents. Sec. 713. By July 1 of each year, based on the information received from each community college district pursuant to section 163 of the community college act of 1966, 1966 PA 331, MCL 389.163, the department shall submit to […]
Section 206.715 – Employer Credit for Paid Adoption Leave.
206.715 Employer credit for paid adoption leave. Sec. 715. (1) Subject to an appropriation and the limitations under this section, for tax years beginning on and after January 1, 2023, a qualified employer that voluntarily provides paid adoption leave to qualified employees may claim a credit against the taxes required to be withheld and remitted […]
Section 206.721 – Definitions; Partnership Audits.
206.721 Definitions; partnership audits. Sec. 721. As used in this chapter: (a) “Administrative adjustment request” means an administrative adjustment request filed by a partnership under section 6227 of the internal revenue code. (b) “Audited partnership” means a partnership subject to a partnership level audit resulting in a federal adjustment. (c) “Corporate partner” means a partner, […]
Section 206.701 – Definitions.
206.701 Definitions. Sec. 701. As used in this chapter: (a) “Casino” means that term as defined in section 110. (b) “Casino licensee” means a person licensed to operate a casino under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.201 to 432.226. (c) “Eligible production company” means that term as defined under […]