Unincorporated Business, Profession, or Activity; Return - Mich. Comp. Laws Section 141.616
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Michigan Laws > Municipal Financing > Unincorporated Business, Profession, or Activity; Return - Mich. Comp. Laws Section 141.616
141.616 Unincorporated business, profession, or activity; return.
Sec. 16.
An unincorporated business, profession or other activity owned by 2 or more persons shall file an annual information return setting forth:
(a) The entire net profit for the period covered by the return and the taxable portion of the net profit attributable to the city.
(b) The names and addresses of the owners of the unincorporated activity and each owner's taxable distributive share of the total net profit and each nonresident owner's share of the taxable net profit attributable to the city.
History: 1964, Act 284, Imd. Eff. June 12, 1964
Section: 141.611 141.611a 141.611b 141.612 141.613 141.614 141.615 141.616 141.617 141.618 141.619 141.620 141.621 141.622 141.623
Last modified: March 17, 2013
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