Michigan becomes 21st SSTP state

Effective September 1, 2004, Michigan law will conform to the provisions required by Streamlined Sales Tax Agreement, adding Michigan to twenty other Streamlined Sales Tax Implementing States. The final Agreement will go into effect after at least ten states comprising at least 20% of the total population of all sates imposing a state sales tax have petitioned for membership and have complied with the requirements of the Agreement. Several sales and use tax statutes will be amended by varying effective dates throughout the second half of 2004, including those involving exemptions, bad debts, sourcing, nexus and amnesty. Act 172 (H.B. 5502), Act 173 (H.B. 5503), Act 174 (H.B. 5504), and Act 175 (H.B. 5505), Laws 2004, effective as noted above.)

Posted on July 28, 2004