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About Business Taxes Electronic Funds Transfer (EFT) Payments

About Business Taxes Electronic Funds Transfer (EFT) Payments

Overview

Treasury accepts and encourages electronic funds transfer (EFT) to pay many business taxes in Michigan. EFT is a safe and efficient; all transactions are governed by nationally established rules that are strictly regulated. EFT is a process that occurs between financial institutions only at your request.

Types of EFT

There are two ways to make EFT payments. Many Treasury business taxes can be paid by either method:

  • EFT Debit transactions authorize pulling funds from a bank account. EFT Debit is available through several Treasury web service systems.
  • EFT Credit transactions authorize pushing funds into a bank account. EFT Credit is performed by initiating the payment from your own financial institution.

Eligible Tax Types

Treasury offers electronic payment options for the following business tax types or topics:

Tax Type Method(s)
Corporate Income Tax EFT Debit and EFT Credit
Environmental Protection Regulatory Fee for Refiners, Terminal Operators, and Importers EFT Credit
Flow-Through Entity Tax EFT Debit and EFT Credit
Fuel Sales Tax Prepayment for Refiners, Terminal Operators, and Importers EFT Credit
Insurance Provider Assessment Act EFT Debit
International Fuel Tax Agreement EFT Debit
Marihuana Retailer Excise Tax EFT Debit
Michigan Business Tax EFT Debit and EFT Credit
Motor Fuel Tax EFT Debit and EFT Credit
Partnership Audit Adjustment EFT Debit
Sales Tax EFT Debit and EFT Credit
Streamlined Sales Tax (SST) EFT Debit and EFT Credit
Use Tax on Purchases EFT Debit and EFT Credit
Use Tax on Sales and Rentals EFT Debit and EFT Credit
Tobacco Tax EFT Debit
Withholding Tax EFT Debit and EFT Credit

Ineligible Tax Types

Treasury does not offer electronic payment for the following business tax types:

  • 9-1-1 Program
  • Airport Parking Tax
  • Bottle Deposit
  • Qualified Heavy Equipment Excise Tax
  • Severance Tax
  • State Convention Facility Development Tax
  • State Real Estate Transfer Tax

Additional Resources

EFT Debit Payments

EFT Credit Payments

Michigan Treasury Online (MTO) Electronic Payments