March/April 2007 Leaders' Edge PRINT

Cover Story

Tax on Services – What Do You Think?

MACPA Offers Blog to Share Your Opinions, Concerns on the Service Tax

A new message board on the MACPA web site affords members the opportunity to voice concerns and opinions about one of the hottest topics in the Michigan business community – a new tax on services.

Likely the most diverse professional association in Michigan, the MACPA works diligently to ensure the interests of Michigan CPAs are properly represented in the public policy-making arena. As you are likely aware, Michigan Governor Jennifer Granholm has introduced a proposal to restructure portions of Michigan’s tax system, including replacement of the Single Business Tax (SBT). A portion of this plan calls for the levy of a two percent tax on services.

The MACPA would very much like to hear your thoughts regarding this issue, as policy-makers continue to examine options for replacing the SBT. Go to this special blog, which will allow you to post your thoughts, and review feedback submitted by other members. You’ll also find links to an executive summary of the Governor’s proposal, the full text of the legislation and a list of services taxable and exempt under the proposal.

MACPA leadership, including the Executive Committee and the Legislative Advisory Group, are deliberating the current legislative proposal of a two percent tax on the performance and delivery of services in Michigan. These leaders strongly believe it is imperative to obtain MACPA member views and feedback regarding this issue, as policy-makers continue to examine proposals to enhance Michigan’s business climate.

The blog on the web page will allow you to post your thoughts, and review feedback submitted by other CPA colleagues.