2017 Michigan Compiled Laws
Chapter 211 - Taxation of Real and Personal Property
Act 410 of 2012 NONFERROUS METALLIC MINERALS EXTRACTION SEVERANCE TAX ACT (211.781 - 211.791)
Section 211.787 Record to be prepared, kept, and preserved by taxpayer; inspection; publication of value of all minerals.

Universal Citation: MI Comp L § 211.787 (2017)
211.787 Record to be prepared, kept, and preserved by taxpayer; inspection; publication of value of all minerals.

Sec. 7.

(1) Each taxpayer shall prepare, keep, and preserve a full and complete record for each tax year of all minerals extracted from the earth in this state or beneficiated in this state, and that record shall be open at all times to the inspection of the department.

(2) Annually, the department shall publish the value of all minerals reported under this act.

History: 2012, Act 410, Imd. Eff. Dec. 20, 2012

Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.