Treasury is reviewing the recently enacted tax law changes, including the new Marijuana Wholesale Tax. Developing clear and accurate information for tax stakeholders is our top priority. This guidance will be posted to our website in the coming weeks.
What should we do with an energy draft if a customer submits a draft to us for payment on a business account?
Do not accept it. Return the draft to the customer, informing them that you cannot accept payment on a business account.
For additional assistance they will need to contact the Michigan Department of Treasury at 517-636-4486.