Credit Acceptance Corp. v. Department of Treasury

*480Mackenzie, P.J.

Respondent Department of Treasury appeals as of right from a Michigan Tax Tribunal judgment holding that certain fees collected by petitioner Credit Acceptance Corporation do not constitute “gross receipts” under § 7 of the Single Business Tax Act, MCL 208.7; MSA 7.558(7). We reverse.

The facts are not in dispute. Petitioner’s business involves the collection of money due under installment sales contracts executed between automobile dealerships and automobile purchasers. Petitioner’s relationship with its automobile dealer customers is set forth in a uniform servicing agreement…