Introduced
by
To clarify a <a href="http://www.michiganvotes.org/2005-HB-5362">law</a> establishing that a taxpayer has a right to rely on bulletins and private letter rulings from the Department of Treasury regarding tax law regulations and interpretations without penalty if the department later changes the ruling and retroactively seeks to levy a penalty. The bill would define “penalty” as making a taxpayer subject to tax, penalty or interest.
Referred to the Committee on Finance
