VATupdate

Share this post on

Michigan Department of Treasury: Credit Card Surcharges Subject to Sales Tax Notification.

  • Michigan Department of Treasury states that credit card surcharges are subject to sales tax
  • Newsletter from Tax Policy Division explains sellers adding surcharges to customer invoices
  • Surcharges are considered a service cost or expense of the seller and are taxable
  • Sellers using credit card surcharges should remit tax on them
  • Credit card payment processor fees passed on to customer are part of taxable sales price

Source: www2.deloitte.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner