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Reset Form Michigan Department of Treasury 3421 (Rev. 0125)Sales Tax Return for Special EventsIssued under authority of Public Act 167 of 1933 and P.A. 122 of 1941, as amended. Filing is mandatory.Generally,

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What is sales amp use tax?

Sales and use tax is a consumption tax imposed by state and local governments on the sale of goods and services. It is typically collected by the seller at the point of sale and is based on the sale price of the taxable item.

Who is required to file sales amp use tax?

Businesses that sell tangible personal property or taxable services are required to file sales and use tax. Additionally, individuals or businesses that make taxable purchases from out-of-state vendors may also need to file if no sales tax was collected.

How to fill out sales amp use tax?

To fill out sales and use tax, businesses typically need to complete a tax return form provided by their state tax authority. This involves reporting the total sales collected, calculating the tax due, and providing information on any exempt sales.

What is the purpose of sales amp use tax?

The purpose of sales and use tax is to generate revenue for state and local governments to fund public services and infrastructure, such as education, transportation, and healthcare.

What information must be reported on sales amp use tax?

When filing sales and use tax, businesses must report total sales, tax collected, any exempt sales, purchases subject to use tax, and other relevant transactions as required by state regulations.

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