HMO Use Tax. Michigan Department of Treasury August 2014. Topics. HMO Overview Registration Electronic Funds Transfer (EFT) Process Payments Accelerated Payments Discount Annual Return Contact Information. HMO Overview.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Michigan Department of Treasury
Discount Calculation Chart:
Paying by the 12thPaying by the 20th (Maximum Discount:
(Maximum Discount: $20,000) (Maximum Discount: $15,000)
Amount you are paying early ________ Amount you are paying timely ___________
x 0.6667 x 0.6667
Early discount rate ________ Timely discount rate ___________
x 0.0075 x 0.005
Discount amount ________ Discount Amount ___________