Terms Used In Michigan Laws 206.408

  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Shall: is a lways mandatory and "may" is always discretionary. See Michigan Laws 206.2
    A person liable for any tax imposed under this part shall keep and maintain accurate records in a form as to make it possible to determine the tax due under this part.