This document contains official instructions for Form 407 , State Convention Facility Development Tax Return - a form released and collected by the Michigan Department of Treasury. An up-to-date fillable Form 407 is available for download through this link.
Q: What is Form 407?
A: Form 407 is the State Convention Facility Development Tax Return for Michigan.
Q: Who needs to file Form 407?
A: Any entity that operates a state convention facility in Michigan needs to file Form 407.
Q: What is the purpose of Form 407?
A: Form 407 is used to report and pay the state convention facility development tax in Michigan.
Q: When is Form 407 due?
A: Form 407 is due on or before the 20th day of the month following the end of the reporting period.
Q: What information is required on Form 407?
A: Form 407 requires information such as the total admissions revenue, the total food and beverage revenue, and any deductions for complimentary admissions or sales of concessions.
Q: Are there any penalties for late or incorrect filing?
A: Yes, there are penalties for late or incorrect filing, including interest charges and penalties for failure to timely file or pay the tax.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Michigan Department of Treasury.