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Merc Audit Michigan Form

Merc Audit Michigan Form

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welcome to legal basics my name is Nick or tell I'm a business and tax attorney here at Foster's swift Collins and Smith and today I'm going to give you a quick roadmap on surviving the the sales and use tax audit process in the state of Michigan okay so before I get started let me just give a real brief as overview of what the sales and use taxes are in the state of Michigan and you probably know this but just in case you don't the sales and use taxes are basically a six percent tax on the sale use consumption or storage of tangible personal property in the state of Michigan okay so if you are a retailer and you're selling goods to customers that generally absent an exemption from tax is going to be subject to the sales tax so you would have to ask the seller collect the tax and then remit it to the state of Michigan so that's the sales tax the use taxes is basically a mirror image of the sales tax and a situation that that might trigger use tax would be for example if you you know ge

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