Michigan Compiled Laws - Single Business Tax Act

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• Short Title - Mich. Comp. Laws Section 208.1
  Sec. 1. This act shall be known and may be cited as the "single business tax act". History: 1975, Act 228, Eff. Jan. 1, 1976 ...
• Meanings Of Words, Phrases, And Terms; References To Internal Revenue Code - Mich. Comp. Laws Section 208.2
  Sec. 2. (1) For the purposes of this act, the words and phrases defined in sections 3 to 10 shall have the meanings respectively ascribed ...
• Definitions; A, B - Mich. Comp. Laws Section 208.3
  Sec. 3. (1) "Affiliated group" means 2 or more United States corporations, 1 of which owns or controls, directly or indirectly, 80% or more of ...
• Definitions; C, D - Mich. Comp. Laws Section 208.4
  Sec. 4. (1) "Casual transaction" means a transaction made or engaged in other than in the ordinary course of repeated and successive transactions of a ...
• Compensation; Payments Not Included - Mich. Comp. Laws Section 208.4a
  Sec. 4a. For tax years that begin after December 31, 2006, compensation for purposes of section 4(3) does not include 50% of payments under health ...
• Repealed. 1995, Act 285, Imd. Eff. Jan. 9, 1996 - Mich. Comp. Laws Section 208.4b, 208.4c
  Compiler's Notes: The repealed sections pertained to payments not included as compensation. ...
• Definitions; E To I - Mich. Comp. Laws Section 208.5
  Sec. 5. (1) "Employee" means an employee as defined in section 3401(c) of the internal revenue code. A person from whom an employer is required ...
• Definitions; I - Mich. Comp. Laws Section 208.5a
  Sec. 5a. "Insurance company" means an authorized insurer as defined in section 106 of the insurance code of 1956, Act No. 218 of the Public ...
• Definitions; P To R - Mich. Comp. Laws Section 208.6
  Sec. 6. (1) "Person" means an individual, firm, bank, financial institution, limited partnership, copartnership, partnership, joint venture, association, corporation, receiver, estate, trust, or any other ...
• Definitions; S; "Gross Receipts" Defined - Mich. Comp. Laws Section 208.7
  Sec. 7. (1) As used in this act: (a) "Sale" or "sales" means the amounts received by the taxpayer as consideration from the following: (i) ...
• Definitions; T - Mich. Comp. Laws Section 208.8
  Sec. 8. "Tax" includes interest and penalties unless the intention to give it a more limited meaning is disclosed by the context. History: 1975, Act ...
• "Tax Base" Defined - Mich. Comp. Laws Section 208.9
  Sec. 9. (1) "Tax base" means business income, before apportionment or allocation as provided in chapter 3, even if zero or negative, subject to the ...
• Definitions; T, U; "Financial Organization" Defined - Mich. Comp. Laws Section 208.10
  Sec. 10. (1) "Tax year" or "taxable year" means the calendar year, or the fiscal year ending during the calendar year, upon the basis of ...
• Tax Base Of Foreign Person - Mich. Comp. Laws Section 208.19
  Sec. 19. (1) Except as otherwise provided in this section, for tax years that begin on or after January 1, 2000, except for a taxpayer ...
• Tax Base Of Certain Nonprofit Persons - Mich. Comp. Laws Section 208.20
  Sec. 20. The tax base of nonprofit persons not required to pay federal income taxes shall be the sum of the net additions specified in ...
• Tax Base Of Financial Organizations - Mich. Comp. Laws Section 208.21
  Sec. 21. (1) Except as otherwise provided in this act, the tax base of a financial organization is business income subject to the adjustments provided ...
• Carryback Of Net Operating Loss Or Capital Loss For Federal Income Tax Purposes; Recomputation Of Allowable Addition To Reserve For Bad Debts; Change To Tax Base; Amended Return; Assessment Of Penalties, Interest, Or Outstanding Liability Prohibited; Statute Of Limitations Not Suspended - Mich. Comp. Laws Section 208.21a
  Sec. 21a. (1) If a financial organization, to which section 593 of the internal revenue code applies, carries back a net operating loss or capital ...
• Tax Base Of Insurance Company Not Subject To Premium Tax Under SS 500.440 To 500.446 - Mich. Comp. Laws Section 208.22
  Sec. 22. Before August 3, 1987, the tax base of an insurance company not subject to the provisions of the premiums tax under sections 440 ...
• Tax Base And Adjusted Tax Base Of Insurance Company; Definitions - Mich. Comp. Laws Section 208.22a
  Sec. 22a. (1) Except as otherwise provided, from August 3, 1987 to September 30, 1987, for the tax year beginning October 1, 1987 and ending ...
• Surcharge - Mich. Comp. Laws Section 208.22b
  Sec. 22b. From August 3, 1987 to September 30, 1987, an insurance company shall pay a surcharge that is the product of .7 times the ...
• Credit Against Tax And Surcharge; Limitations; Use Of Tax Liability And Assessments From Preceding Year; Certification Of Amounts Needed To Calculate Credits - Mich. Comp. Laws Section 208.22c
  Sec. 22c. (1) For the tax year beginning October 1, 1987 and ending September 30, 1988 and each tax year thereafter, an insurance company may ...
• Insurance Policyholder Protection Fund; Creation; Appropriations Or Transfers; Deposits; Disbursements - Mich. Comp. Laws Section 208.22d
  Sec. 22d. (1) There is created within the department of treasury an insurance policyholder protection fund. Amounts deposited in the insurance policyholder protection fund shall ...
• Credit Against Tax And Surcharge - Mich. Comp. Laws Section 208.22e
  Sec. 22e. For the tax year beginning October 1, 1987 and ending September 30, 1988 and each tax year thereafter, an insurance company shall be ...
• Tax To Which Insurance Company Subject; Payment; Tax Year; Determination Of Liability; Basis Of Prorating; Schedule Of Estimated Payments; Filing Annual Return; Automatic Extension Not Available; Calculating Estimated Payment; Disclosure - Mich. Comp. Laws Section 208.22f
  Sec. 22f. (1) Beginning August 3, 1987, an insurance company shall be subject to the tax as provided in this act or section 476a of ...
• Adjustment Of Tax Base - Mich. Comp. Laws Section 208.23
  Sec. 23. After allocation as provided in section 40 or apportionment as provided in section 41, the tax base shall be adjusted by the following: ...
• Decision Declaring S 208.23(E) Unconstitutional; Effect - Mich. Comp. Laws Section 208.23a
  Sec. 23a. For a year for which any portion of section 23(e) is declared unconstitutional in a decision rendered by an appellate court and if ...
• Adjustment Of Tax Base - Mich. Comp. Laws Section 208.23b
  Sec. 23b. After allocation as provided in section 40 or apportionment as provided in section 41, the tax base shall be adjusted by the following: ...
• Specific Tax On Adjusted Tax Base; Rates; "Adjusted Tax Base" Defined; Tax Imposed On Privilege Of Doing Business; Reduction Of Adjusted Tax Base In Lieu Of Reduction; Limitation; Applicability Of Subsection (4); Effect Of Comprehensive Annual Financial Report; Annualized Rate - Mich. Comp. Laws Section 208.31
  Sec. 31. (1) Except as provided in subsections (5) and (6), there is levied and imposed a specific tax upon the adjusted tax base of ...
• Tax Credit For Qualified Start-Up Business; Criteria; Definitions - Mich. Comp. Laws Section 208.31a
  Sec. 31a. (1) For tax years that begin after December 31, 2004, a taxpayer that meets the criteria under subsection (4) and that is a ...
• Repealed. 2006, Act 472, Imd. Eff. Dec. 20, 2006 - Mich. Comp. Laws Section 208.32
  Compiler's Notes: The repealed section pertained to tax credit for research and development of qualified technology. ...
• Tax Credit; Taxpayer Engaged In Research And Development Of Qualified Technology; Conditions; Definitions - Mich. Comp. Laws Section 208.34
  (1) For tax years that begin on or after January 1, 2006 and end before January 1, 2016, a taxpayer that is engaged in research ...
• Exemptions - Mich. Comp. Laws Section 208.35
  Sec. 35. (1) The following are exempt from the tax imposed by this act: (a) For tax years beginning after 1976 and before January 1, ...
• Tax Credit For Year Beginning After December 31, 1999 - Mich. Comp. Laws Section 208.35a
  Sec. 35a. (1) For a tax year beginning after December 31, 1999, a taxpayer may claim a credit against the tax imposed by this act ...
• Calculation Of Compensation Related To United States Business Activity By Foreign Transporter; Election; Definitions - Mich. Comp. Laws Section 208.35b
  Sec. 35b. (1) Notwithstanding anything to the contrary in section 19, a foreign person that does not have a permanent establishment in the United States ...
• Conditions For Project Approval By Chairperson Of Michigan Economic Growth Authority - Mich. Comp. Laws Section 208.35c
  For purposes of approving projects for a credit allowed under section 38g(33), the chairperson of the Michigan economic growth authority or his or her designee ...
• Industrial Personal Property; Tax Credit; Tax Years On And After January 1, 2006 And Before January 1, 2007 - Mich. Comp. Laws Section 208.35d
  (1) For tax years beginning on and after January 1, 2006 and before January 1, 2007, for taxes levied after December 31, 2005, a person ...
• Certificate Of Completion; Credit Assignment Or Subsequent Reassignment; Form; Definitions - Mich. Comp. Laws Section 208.35e
  (1) For projects approved under section 38g for which a certificate of completion is issued on and after January 1, 2006, a qualified taxpayer may ...
• Industrial Personal Property; Tax Credit; Tax Years Beginning On And After January 1, 2007 And Before January 1, 2008 - Mich. Comp. Laws Section 208.35f
  (1) For tax years beginning on and after January 1, 2007 and before January 1, 2008, a person may claim a credit against the tax ...
• Industrial Personal Property; Tax Credit; Tax Years On And After January 1, 2008 And Before January 1, 2009 - Mich. Comp. Laws Section 208.35g
  (1) For tax years beginning on and after January 1, 2008 and before January 1, 2009, a person may claim a credit against the tax ...
• Industrial Personal Property; Tax Credit; Tax Years On And After January 1, 2009 And Before January 1, 2010 - Mich. Comp. Laws Section 208.35h
  (1) For tax years beginning on and after January 1, 2009 and before January 1, 2010, a person may claim a credit against the tax ...
• Transfer Of Jobs To State; Tax Credit - Mich. Comp. Laws Section 208.35i
  (1) A taxpayer that provides transferred jobs to this state may claim a credit against the tax imposed by this act equal to 100% of ...
• Jobs Transferred To State; Tax Credit; Claim For Taxes Paid In 2009 Tax Year - Mich. Comp. Laws Section 208.35j
  (1) A taxpayer that enters into an agreement under subsection (3) and that provides transferred jobs to this state may claim a credit against the ...
• Definitions; Credit Against Tax Imposed By S 208.31; Qualifications; Credit As Percentage Reduction In Tax Liability; Calculation Of Percentage Reduction; Limitation On Credit; Consolidating Business Activities Of Certain Entities As Prerequisite For Credit; Filing And Paying Tax Without Computing Tax Imposed Under S 208.31 - Mich. Comp. Laws Section 208.36
  Sec. 36. (1) As used in this section: (a) "Active shareholder" means a shareholder who receives at least $10,000.00 in compensation, director's fees, or dividends ...
• Credit Against Tax Imposed By Act; Amount; Refunding Excess Credit To Taxpayer; Eligibility Of Exempt Farmers For Refund - Mich. Comp. Laws Section 208.36a
  Sec. 36a. (1) A taxpayer may claim a credit against the tax imposed by this act for a taxable year encompassing all or a portion ...
• Credit For Qualified Investments; Disposition Of Portion Of Credit Exceeding Tax Liability; Revocation Of Credit; Report - Mich. Comp. Laws Section 208.36b
  Sec. 36b. (1) As used in this section: (a) "Company" means a minority venture capital company or a MESBIC as defined under section 61 of ...
• Tax Credit; Calculations; Tax Year In Which Claimed; Applicability - Mich. Comp. Laws Section 208.36c
  Sec. 36c. (1) For tax years that begin after December 31, 1996 and before January 1, 2000 and if section 23(e) is in effect, a ...
• Determination Of Reduction Percentage Under S 208.36(2)(C) - Mich. Comp. Laws Section 208.36d
  Sec. 36d. To determine the reduction percentage under section 36(2)(c), the following apply: (a) The reduction percentage for a partnership or subchapter S corporation is ...
• Credit For Unincorporated Taxpayer Or For Taxpayer Electing Subchapter S Provisions; Schedule - Mich. Comp. Laws Section 208.37
  Sec. 37. Every taxpayer who is unincorporated or who elects the subchapter S provisions of the internal revenue code shall be allowed a credit for ...
• Credit For Tax Liability Attributable To Qualified Business Activity In Enterprise Zone; Limitation; Definitions - Mich. Comp. Laws Section 208.37a
  Sec. 37a. (1) A taxpayer that is a qualified business may credit against the tax imposed by section 31 an amount equal to the tax ...
• Credit For Tax Liability Attributable To High Technology Activity - Mich. Comp. Laws Section 208.37b
  Sec. 37b. (1) A taxpayer engaged in a high technology activity that qualifies under the criteria of subsection (3) may credit against the tax imposed ...
• Tax Credit; Authorization And Amount Determined By Michigan Economic Growth Authority; Limitation; Certificate; Contents; Refund; Payments To Department Where Qualified New Jobs Removed From State; Statement; Limitation On Credits Claimed; Certificate Issued After December 31, 2009; Distressed Business; Report; Definitions - Mich. Comp. Laws Section 208.37c
  Sec. 37c. (1) For tax years beginning after December 31, 1994 and for a period of time not to exceed 20 years as determined by ...
• Tax Credit; Amount; Certificate Issued By Michigan Economic Growth Authority; Contents Of Certificate; Tax Liability; Carrying Forward Unused Credit; Certificate Issued After December 31, 2009; Definitions - Mich. Comp. Laws Section 208.37d
  Sec. 37d. (1) For tax years beginning after December 31, 1994, and for a period of time not to exceed 20 years as determined by ...
• Tax Credit; Determination Under Michigan Early Stage Venture Capital Investment Act Of 2003 - Mich. Comp. Laws Section 208.37e
  (1) For tax years that begin after December 31, 2008, a taxpayer that has been issued a tax voucher certificate under section 23 of the ...
• Tax Credit; Payment To Employees Performing Created Jobs - Mich. Comp. Laws Section 208.37f
  Sec. 37f. (1) For tax years that begin after December 31, 2004 and before January 1, 2006, a taxpayer with gross receipts of $10,000,000.00 or ...
• Tax Credit For Donated Automobile - Mich. Comp. Laws Section 208.37g
  Sec. 37g. (1) For tax years that begin after December 31, 2004 and before January 1, 2010, a taxpayer may claim a credit against the ...
• Tax Credit For Charitable Contributions To Public Broadcast Station; Limitations; Conditions; Annual Report; Financial Statements; Definitions - Mich. Comp. Laws Section 208.38
  Sec. 38. (1) At the election of taxpayers not subject to Act No. 281 of the Public Acts of 1967, as amended, being sections 206.1 ...
• Expired. 1982, Act 393, Eff. Jan. 1, 1986 - Mich. Comp. Laws Section 208.38a
  Compiler's Notes: This section pertained to a tax credit in an amount equal to the dollar amount of increase in federal unemployment taxes. ...
• Certain Employers Or Carriers Required To Claim Credit; Amount; Refund Of Credit In Excess Of Estimated Payment; Subsequent Increase Or Decrease In Amount Claimed; Credit Additional To Other Credits; Refund Of Credit In Excess Of Tax Liability - Mich. Comp. Laws Section 208.38b
  Sec. 38b. (1) For amounts paid after March 31, 1984, pursuant to section 352 of the worker's disability compensation act of 1969, Act No. 317 ...
• Tax Credit For 50% Of Contribution To Endowment Fund Of Community Foundation; Limitations; Credit Nonrefundable; "Community Foundation" Defined; Report - Mich. Comp. Laws Section 208.38c
  Sec. 38c. (1) For the 1989 tax year and each tax year after the 1989 tax year and subject to the applicable limitations in this ...
• Tax Credit Equal To 10% Of Cost Of Eligible Investment Paid Or Accrued - Mich. Comp. Laws Section 208.38d
  Sec. 38d. (1) For tax years that begin after December 31, 1996 and before January 1, 2001, a qualified taxpayer may claim a credit against ...
• Apprenticeship Tax Credit - Mich. Comp. Laws Section 208.38e
  Sec. 38e. (1) A taxpayer may claim a credit against the tax imposed by this act equal to the sum of 50% of the qualified ...
• Contribution To Shelter For Homeless Persons, Food Kitchen, Food Bank, Or Other Entity; Allowable Tax Credit - Mich. Comp. Laws Section 208.38f
  Sec. 38f. (1) For the 1992 tax year and each tax year after the 1992 tax year, a taxpayer who does not claim a credit ...
• Tax Credit; Conditions; Application For Project Costing More Than $2,000,000 But $10,000,000 Or Less; Application To Michigan Economic Growth Authority For Project Costing $10,000,000 Or More; Limitations; Total Credits; Criteria; Investment On More Than 1 Property; Project Completion; Tax Year Credits Claimed; Leased Machinery, Equipment, Or Fixtures; Calculation Of Credits; Carryforward Provisions; Qualified Or Eligible Taxpayer; Investment Related To Sports Stadium, Casino, Or Landfill; Report; Amendment Of Project; Project As Multiphase; Project $200,000 Or Less; Repeal Of Act For Tax Years Beginning After December 31, 2007; Effect; Definitions - Mich. Comp. Laws Section 208.38g
  (1) Subject to the criteria under this section, an eligible taxpayer may claim a credit against the tax imposed by this act as determined under ...
• Credit For Taxpayer Subject To S 207.1 Et Seq.; Credit For Person Eligible To File Under S 208.57; Expiration Of Subsection (2) - Mich. Comp. Laws Section 208.39
  208.39 Credit for taxpayer subject to § 207.1 et seq.; credit for person eligible to file under § 208.57; expiration of subsection (2). Sec. 39. ...
• Repealed. 1993, Act 329, Eff. Apr. 1, 1994 - Mich. Comp. Laws Section 208.39a
  Compiler's Notes: The repealed section pertained to employer payment of child care services for employees. ...
• Business Located And Conducted Within Renaissance Zone; Allowable Tax Credit; Definitions - Mich. Comp. Laws Section 208.39b
  Sec. 39b. (1) Except as provided in subsection (2) and for tax years that begin after December 31, 1996, a taxpayer that is a business ...
• Rehabilitation Of Historic Resource; Tax Credit; Plan; Certification; Report; Repeal Of Act For Tax Years Beginning After December 31, 2007; Effect; Definitions - Mich. Comp. Laws Section 208.39c
  (1) A qualified taxpayer with a rehabilitation plan certified after December 31, 1998 may credit against the tax imposed by this act the amount determined ...
• Low-Grade Hematite Consumed In Industrial Or Manufacturing Process; Tax Credit - Mich. Comp. Laws Section 208.39d
  Sec. 39d. (1) For tax years that begin after December 31, 2000, a taxpayer may claim a credit against the tax imposed by this act ...
• Tax Credit; Certification As Eligible Taxpayer Under Michigan Next Energy Authority Act; Definitions - Mich. Comp. Laws Section 208.39e
  Sec. 39e. (1) A taxpayer may claim a credit against the tax imposed by this act for 1 or more of the following as applicable: ...
• Tax Credit; Taxpayer Pharmaceutical Based Business Activity - Mich. Comp. Laws Section 208.39f
  Sec. 39f. (1) For tax years that begin after December 31, 2002, an eligible taxpayer may claim a credit against the tax imposed by this ...
• Allocation Of Tax Base; Business Activities Confined Solely To State - Mich. Comp. Laws Section 208.40
  Sec. 40. In the case of a taxpayer whose business activities are confined solely to this state, the entire tax base of the taxpayer shall ...
• Apportionment Of Tax Base; Business Activities Taxable Within And Without State - Mich. Comp. Laws Section 208.41
  Sec. 41. A taxpayer whose business activities are taxable both within and without this state, shall apportion his tax base as provided in this chapter. ...
• Conditions To Taxpayer Being Taxable In Another State - Mich. Comp. Laws Section 208.42
  Sec. 42. For purposes of apportionment of the tax base from business activities under this act, a taxpayer is taxable in another state if, (a) ...
• Apportionment Of Tax Base To State - Mich. Comp. Laws Section 208.45
  Sec. 45. (1) For tax years beginning before January 1, 1991, all of the tax base, other than the tax base derived principally from transportation, ...
• Apportionment Of Tax Base - Mich. Comp. Laws Section 208.45a
  (1) Except as provided in subsection (4) and for tax years beginning after December 31, 1998 and before January 1, 2006, all of the tax ...
• Property Factor - Mich. Comp. Laws Section 208.46
  Sec. 46. (1) The property factor is a fraction, the numerator of which is the average value of the taxpayer's real and tangible personal property ...
• Valuation Of Property Owned Or Rented By Taxpayer; Net Annual Rental Rate - Mich. Comp. Laws Section 208.47
  Sec. 47. Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at 8 times the net ...
• Determining Average Value Of Property; Periodic Averaging Of Values - Mich. Comp. Laws Section 208.48
  Sec. 48. The average value of property shall be determined by averaging the values at the beginning and ending of the tax year, but the ...
• Payroll Factor; "Wages" Defined - Mich. Comp. Laws Section 208.49
  Sec. 49. (1) The payroll factor is a fraction, the numerator of which is the total wages paid in this state during the tax year ...
• Wages Paid In State; Conditions - Mich. Comp. Laws Section 208.50
  Sec. 50. Wages are paid in this state if: (a) The individual's service is performed entirely within the state. (b) The individual's service is performed ...
• Sales Factor - Mich. Comp. Laws Section 208.51
  Sec. 51. (1) The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the ...
• Sales Of Tangible Personal Property In State; Circumstances - Mich. Comp. Laws Section 208.52
  Sec. 52. Sales of tangible personal property are in this state in any of the following circumstances: (a) For tax years beginning before January 1, ...
• Sales Other Than Of Tangible Personal Property In State; Conditions - Mich. Comp. Laws Section 208.53
  Sec. 53. Sales, other than sales of tangible personal property, are in this state if: (a) The business activity is performed in this state. (b) ...
• Calculation Of Sales Factor By Spun Off Corporation - Mich. Comp. Laws Section 208.54
  (1) Notwithstanding sections 51 and 52, a spun off corporation may elect to calculate its sales factor under this section for a period of 5 ...
• Transportation Services; Determination Of Tax Base - Mich. Comp. Laws Section 208.56
  Sec. 56. The tax base of a taxpayer whose business activities consist of transportation services rendered either entirely within or partly within and partly without ...
• Transportation Services; Tax Base Attributable To Michigan Sources; Data; Computation; Expiration Of Subsection (3) - Mich. Comp. Laws Section 208.57
  208.57 Transportation services; tax base attributable to Michigan sources; data; computation; expiration of subsection (3). Sec. 57. (1) In the case of a taxpayer under ...
• Transportation Of Oil Or Gas By Pipeline; Tax Base Attributable To Michigan - Mich. Comp. Laws Section 208.58
  Sec. 58. (1) When the tax base is derived from the transportation of oil by pipeline, the tax base attributable to Michigan shall be the ...
• Tax Base Of Insurer Doing Business Within And Without State - Mich. Comp. Laws Section 208.62
  Sec. 62. The tax base of an insurer doing business both within and without the state or partly within and without the state shall be ...
• Financial Organization; Tax Base Attributable To Michigan Sources - Mich. Comp. Laws Section 208.65
  Sec. 65. The tax base of a financial organization attributable to Michigan sources shall be taken to be: (a) The entire tax base of a ...
• Election By Taxpayer - Mich. Comp. Laws Section 208.68
  Sec. 68. (1) If the taxpayer's business activities within this state do not include owning or renting real estate or tangible personal property, and whose ...
• Apportionment As Fairly Representing Extent Of Taxpayer's Business Activity In State; Petition; Alternative Method; Presumption; Business Domicile; Filing Of Return Or Amended Return Not Considered Petition; "Adjusted Tax Base" Defined - Mich. Comp. Laws Section 208.69
  Sec. 69. (1) If the apportionment provisions of this act do not fairly represent the extent of the taxpayer's business activity in this state, the ...
• Estimated Returns And Payments - Mich. Comp. Laws Section 208.71
  (1) A taxpayer that reasonably expects liability for the tax year to exceed $600.00 or adjustments under section 23 to exceed $100,000.00 shall file an ...
• Computation Of Tax For The First Taxable Year - Mich. Comp. Laws Section 208.72
  Sec. 72. A taxpayer subject to this act, may elect to compute the tax for the first taxable year if less than 12 months in ...
• Filing Annual Or Final Return; Form And Content; Remittance Of Final Liability; Exception; Extension Of Time; Consolidation Of Gross Receipts Of Certain Entities - Mich. Comp. Laws Section 208.73
  Sec. 73. (1) An annual or final return shall be filed with the department in the form and content prescribed by the department by the ...
• Furnishing True And Correct Copy Of Federal Return; Filing Amended Return - Mich. Comp. Laws Section 208.75
  Sec. 75. (1) A taxpayer required to file a return under this act may be required to furnish a true and correct copy of any ...
• Information Return; Copy Of Federal Return Filed By Voluntary Association, Joint Venture, Partnership, Estate, Or Trust - Mich. Comp. Laws Section 208.76
  Sec. 76. (1) At the request of the department, a person required by the internal revenue code to file or submit an information return of ...
• Filing Of Consolidated Or Combined Return By Affiliated Group Of Corporations; Conditions; "United States Corporation" Defined - Mich. Comp. Laws Section 208.77
  Sec. 77. (1) The commissioner may require or permit the filing of a consolidated or combined return by an affiliated group of United States corporations ...
• Consolidated Or Combined Return, Tax Base, Or Apportionment Factors - Mich. Comp. Laws Section 208.78
  Sec. 78. (1) Except as expressly provided in section 77, a provision of this act shall not be construed to permit or require the filing ...
• Administration Of Tax; Conflicting Provisions; Rules; Forms; Tax Cumulative; Disposition Of Proceeds; Statistics - Mich. Comp. Laws Section 208.80
  Sec. 80. (1) The tax imposed by this act shall be administered by the revenue commissioner pursuant to Act No. 122 of the Public Acts ...
• Repealed. 1985, Act 139, Eff. Mar. 26, 1986 - Mich. Comp. Laws Section 208.81-208.121
  Compiler's Notes: These sections pertained to determination of tax, failure or refusal to file return or pay tax, penalties, collection of tax, credit or ...
• Definitions - Mich. Comp. Laws Section 208.131
  Sec. 131. As used in this chapter: (a) "Property taxes" means general ad valorem property taxes levied under Act No. 206 of the Public Acts ...
• Repealed. 1996, Act 342, Eff. Oct. 1, 1996 - Mich. Comp. Laws Section 208.132
  Compiler's Notes: The repealed section pertained to reports relating to state equalized value of inventory. ...
• Repealed. 1996, Act 342, Eff. Oct. 1, 1996 - Mich. Comp. Laws Section 208.134
  Compiler's Notes: The repealed section pertained to payments to cities, villages, and townships. ...
• Payments To Counties - Mich. Comp. Laws Section 208.135
  Sec. 135. (1) The department of treasury shall pay to each county by February 1 of each year, following the year the amount was calculated, ...
• Repealed. 1996, Act 342, Eff. Oct. 1, 1996 - Mich. Comp. Laws Section 208.136
  Compiler's Notes: The repealed section pertained to distributions to cities, villages, and townships. ...
• Disposition Of Revenue - Mich. Comp. Laws Section 208.136a
  Sec. 136a. The revenue collected under this act from insurance companies shall not be included in the calculation of payments to cities, villages, townships, and ...
• Repealed. 1991, Act 77, Eff. Jan. 1, 1993 - Mich. Comp. Laws Section 208.136b
  Compiler's Notes: The repealed section pertained to duties of state treasurer if § 208.23 was not repealed by initiated law. ...
• Repealed. 1996, Act 342, Eff. Oct. 1, 1996 - Mich. Comp. Laws Section 208.137
  Compiler's Notes: The repealed section pertained to payment of proportionate share of reimbursements to eligible authority. ...
• Report Of Local Property Taxes To Department Of Treasury; Failure To Report; Report Of Local Property Taxes And Total State Equalized Value To Department Of Management And Budget; Report Of Tax Collections Available For Distribution; Warrant - Mich. Comp. Laws Section 208.138
  Sec. 138. (1) Each city, village, township, and county shall report its local property taxes to the department of treasury as required by Act No. ...
• Appropriations For Payments - Mich. Comp. Laws Section 208.139
  Sec. 139. There is allocated and appropriated each fiscal year an amount sufficient to make the payments under this chapter. History: 1975, Act 228, Eff. ...
• Senate And House Taxation Committees To Be Furnished Estimate Of Quarterly Receipts; Certification Of Amount Of Tax Liability - Mich. Comp. Laws Section 208.141
  Sec. 141. The department of treasury and the department of management and budget shall furnish the senate and house taxation committees with an estimate of ...
• Appropriation For Administration Of Act - Mich. Comp. Laws Section 208.144
  Sec. 144. There is hereby appropriated from the general fund the sum of $800,000.00 for the 1975-76 fiscal year to the department of treasury for ...
• Effective Date - Mich. Comp. Laws Section 208.145
  This act shall take effect January 1, 1976. History: 1975, Act 228, Eff. Jan. 1, 1976 ...
• Purpose - Mich. Comp. Laws Section 208.151.new
  1. Purpose Sec. 1. The purpose of this initiated law is to: (a) Repeal the single business tax on business activity in this state after ...
• Proration - Mich. Comp. Laws Section 208.152.new
  2. Tax at Zero-Rate After Effective Date Sec. 2. The department of treasury shall prorate the liability for the tax imposed under the single business ...
• Affirmation Of Existing Tax Liabilities - Mich. Comp. Laws Section 208.153.new
  3. Affirmation of Existing Tax Liabilities Sec. 3. Except as specifically provided, this initiated law shall not affect the administration, allocation, or apportionment of the ...
• Severability - Mich. Comp. Laws Section 208.154.new
  4. Severability Sec. 4. This act is declared to be severable. History: 2006, Act 325, Eff. Dec. 31, 2007 Compiler's Notes: This section was proposed ...
• Short Title; Legislative Intent - Mich. Comp. Laws Section 208.1101.new
  (1) This act shall be known and may be cited as the "Michigan business tax act". (2) It is the intent of the legislature that ...
• Terms; Meanings And References - Mich. Comp. Laws Section 208.1103.new
  A term used in this act and not defined differently shall have the same meaning as when used in comparable context in the laws of ...
• Definitions; "B" - Mich. Comp. Laws Section 208.1105.amended
  (1) "Business activity" means a transfer of legal or equitable title to or rental of property, whether real, personal, or mixed, tangible or intangible, or ...
• Definitions; "B" - Mich. Comp. Laws Section 208.1105.new
  (1) "Business activity" means a transfer of legal or equitable title to or rental of property, whether real, personal, or mixed, tangible or intangible, or ...
• Definitions; "C" And "D" - Mich. Comp. Laws Section 208.1107.new
  (1) "Client" means an entity whose employment operations are managed by a professional employer organization. (2) "Compensation" means all wages, salaries, fees, bonuses, commissions, other ...
• Definitions; "E" And "F" - Mich. Comp. Laws Section 208.1109.new
  (1) "Employee" means an employee as defined in section 3401(c) of the internal revenue code. A person from whom an employer is required to withhold ...
• Definitions; "G" To "O" - Mich. Comp. Laws Section 208.1111.amended
  (1) "Gross receipts" means the entire amount received by the taxpayer from any activity whether in intrastate, interstate, or foreign commerce carried on for direct ...
• Definitions; "G" To "O" - Mich. Comp. Laws Section 208.1111.new
  (1) "Gross receipts" means the entire amount received by the taxpayer from any activity whether in intrastate, interstate, or foreign commerce carried on for direct ...
• Definitions; "P" And "R" - Mich. Comp. Laws Section 208.1113.amended
  (1) "Partner" means a partner or member of a partnership. (2) "Partnership" means a taxpayer that is required to or has elected to file as ...
• Definitions; "P" And "R" - Mich. Comp. Laws Section 208.1113.new
  (1) "Partner" means a partner or member of a partnership. (2) "Partnership" means a taxpayer that is required to or has elected to file as ...
• Definitions; "S" - Mich. Comp. Laws Section 208.1115.new
  (1) "Sale" or "sales" means, except as provided in subdivision (e), the amounts received by the taxpayer as consideration from the following: (a) The transfer ...
• Definitions; "T" And "U" - Mich. Comp. Laws Section 208.1117.new
  (1) "Tangible personal property" means that term as defined in section 2 of the use tax act, 1937 PA 94, MCL 205.92. (2) "Tax" means ...
• Taxpayer; Nexus To State; "Actively Solicits" And "Physical Presence" Defined - Mich. Comp. Laws Section 208.1200.new
  (1) Except as otherwise provided in this act or under subsection (2), a taxpayer has substantial nexus in this state and is subject to the ...
• Business Income Tax; Imposition; Adjustments; "Business Loss" Explained - Mich. Comp. Laws Section 208.1201.amended
  (1) Except as otherwise provided in this act, there is levied and imposed a business income tax on every taxpayer with business activity within this ...
• Business Income Tax; Imposition; Adjustments; "Business Loss" Explained - Mich. Comp. Laws Section 208.1201.new
  (1) Except as otherwise provided in this act, there is levied and imposed a business income tax on every taxpayer with business activity within this ...
• Modified Gross Receipts Tax; Levy; Imposition; "Modified Gross Receipts Tax Base" Explained; Deduction; Remittance - Mich. Comp. Laws Section 208.1203.new
  (1) Except as otherwise provided in this act, there is levied and imposed a modified gross receipts tax on every taxpayer with nexus as determined ...
• Tax Exemptions; Farmers' Cooperative Corporation; "Exclusively" Defined - Mich. Comp. Laws Section 208.1207.new
  (1) Except as otherwise provided in this section, the following are exempt from the tax imposed by this act: (a) The United States, this state, ...
• Insurance Companies; Tax Payment; Determination; Direct Premiums; Exceptions; Tax In Lieu Of Privilege Or Franchise Fees Or Taxes - Mich. Comp. Laws Section 208.1235.new
  (1) Each insurance company shall pay a tax determined under this chapter. (2) The tax imposed by this chapter on each insurance company shall be ...
• Insurance Company; Tax Credit; Amounts; Use Of Assessments From Preceding Tax Year - Mich. Comp. Laws Section 208.1237.new
  (1) An insurance company may claim a credit against the tax imposed under this chapter in the following amounts: (a) Amounts paid to the Michigan ...
• Insurance Company; Tax Credit Equal To 65% - Mich. Comp. Laws Section 208.1239.amended
  (1) An insurance company shall be allowed a credit against the tax imposed under this chapter in an amount equal to 50% of the examination ...
• Insurance Company; Tax Credit Equal To 50% Examination Fees; Amount; Limitation - Mich. Comp. Laws Section 208.1239.new
  (1) An insurance company shall be allowed a credit against the tax imposed under this chapter in an amount equal to 50% of the examination ...
• Insurance Company Subject To Worker's Disability Compensation Act Of 1969; Tax Credit; Amount; Refund In Excess Of Tax Liability - Mich. Comp. Laws Section 208.1241.new
  (1) For amounts paid pursuant to section 352 of the worker's disability compensation act of 1969, 1969 PA 317, MCL 418.352, an insurance company subject ...
• Insurance Company; Tax; Imposition; Tax Year As Calendar Year; Filing Annual Return; Calculation Of Estimated Payment; Disclosure Of Tax Return - Mich. Comp. Laws Section 208.1243.new
  (1) An insurance company is subject to the tax imposed by this chapter or by section 476a of the insurance code of 1956, 1956 PA ...
• Definitions - Mich. Comp. Laws Section 208.1261.new
  As used in this chapter: (a) "Billing address" means the location indicated in the books and records of the financial institution on the first day ...
• Financial Institution Subject To Franchise Tax; Nexus - Mich. Comp. Laws Section 208.1263.new
  (1) Every financial institution with nexus in this state as determined under section 200 is subject to a franchise tax. The franchise tax is imposed ...
• Financial Institution; Tax Base; Net Capital; Computation; Determination; Change In Organization; Combination Of Financial Institutions - Mich. Comp. Laws Section 208.1265.amended
  (1) For a financial institution, tax base means the financial institution's net capital. Net capital means equity capital as computed in accordance with generally accepted ...
• Financial Institution; Tax Base; Net Capital; Computation; Determination; Change In Organization; Combination Of Financial Institutions - Mich. Comp. Laws Section 208.1265.new
  (1) For a financial institution, tax base means the financial institution's net capital. Net capital means equity capital as computed in accordance with generally accepted ...
• Financial Institution; Tax Base; Allocation Within State; Apportionment Within And Outside State; Circumstances; Gross Business Factor - Mich. Comp. Laws Section 208.1267.new
  (1) Except as otherwise provided under this chapter, the tax base of a financial institution whose business activities are confined solely to this state shall ...
• Financial Institution; Gross Business - Mich. Comp. Laws Section 208.1269.new
  Gross business in this state of the financial institution is determined as follows: (a) Receipts from credit card receivables including without limitation interest and fees ...
• Annual Surcharge; Imposition; Levy; "Michigan Personal Income" Defined; Limitation On Amount; Applicability; Administration, Collection, And Enforcement - Mich. Comp. Laws Section 208.1281.added
  (1) In addition to the taxes imposed and levied under this act and subject to subsections (2), (3), and (4), to meet deficiencies in state ...
• Tax Base; Apportionment; Allocation; Taxpayer Subject To Tax In Another State; Circumstances - Mich. Comp. Laws Section 208.1301.new
  (1) Except as otherwise provided in this act, each tax base established under this act shall be apportioned in accordance with this chapter. (2) Each ...
• Sales Factor; Calculation - Mich. Comp. Laws Section 208.1303.new
  (1) Except as otherwise provided in subsection (2) and section 311, the sales factor is a fraction, the numerator of which is the total sales ...
• Taxpayer; Determination Of Sales - Mich. Comp. Laws Section 208.1305.new
  (1) Sales of the taxpayer in this state are determined as follows: (a) Sales of tangible personal property are in this state if the property ...
• Spun Off Corporation; Calculation Of Sales Factor; Election; Definitions - Mich. Comp. Laws Section 208.1307.new
  (1) Notwithstanding sections 303 and 305, a spun off corporation that qualified to calculate its sales factor for 7 years under section 54 of former ...
• Apportionment; Petition; Alternate Method; Rebuttable Presumption That Apportionment Provisions Fairly Represent Business Activity; Return Or Amended Return Not Considered As Petition - Mich. Comp. Laws Section 208.1309.new
  (1) If the apportionment provisions of this act do not fairly represent the extent of the taxpayer's business activity in this state, the taxpayer may ...
• Receipts; Source - Mich. Comp. Laws Section 208.1311.new
  All other receipts not otherwise sourced under this act shall be sourced based on where the benefit to the customer is received or, if where ...
• Taxpayer; Scope - Mich. Comp. Laws Section 208.1400.new
  For purposes of this chapter, taxpayer does not include a person subject to the tax imposed under chapter 2A or 2B unless specifically included in ...
• Application Of Unused Carryforward - Mich. Comp. Laws Section 208.1401.new
  Except as otherwise provided under this act, any unused carryforward for any credit under former 1975 PA 228 may be applied for the 2008 and ...
• Allowable Total Combined Credit; Limitation; Tax Credit; Payments By Professional Employer Organization; Calculation; Tax Year In Which Negative Credit Is Calculated; Credit Claimed Under Mcl 208.1405 - Mich. Comp. Laws Section 208.1403.amended
  (1) Notwithstanding any other provision in this act, the credits provided in this section shall be taken before any other credit under this act. For ...
• Allowable Total Combined Credit; Limitation; Tax Credit; Payments By Professional Employer Organization; Calculation; Tax Year In Which Negative Credit Is Calculated; Credit Claimed Under Mcl 208.1405 - Mich. Comp. Laws Section 208.1403.new
  (1) Notwithstanding any other provision in this act, the credits provided in this section shall be taken before any other credit under this act. The ...
• Taxpayer's Research And Development Expenses; Tax Credit; Limitation; Definition - Mich. Comp. Laws Section 208.1405.amended
  For the 2008 tax year, a taxpayer may claim a credit against the tax imposed by this act equal to 1.52% of the taxpayer's research ...
• Taxpayer's Research And Development Expenses; Tax Credit; Limitation - Mich. Comp. Laws Section 208.1405.new
  A taxpayer may claim a credit against the tax imposed by this act equal to 1.90% of the taxpayer's research and development expenses in this ...
• Eligible Contribution Made By Qualified Taxpayer; Tax Credit; Application; Criteria For Review Of Application; Certificate; Issuance; Contents; Limitation On Credits Granted; Agreement Requiring Compliance With Application Provisions; Refund Of Excess Credit; Definitions - Mich. Comp. Laws Section 208.1407.new
  (1) For the 2008, 2009, and 2010 tax years, a qualified taxpayer that makes an eligible contribution in an eligible business may claim a credit ...
• Infield Renovation, Grandstand And Infrastructure Upgrades; Tax Credit; Limitations; Professional Fees, Additional Police Officers, And Traffic Management Devices; Capital Expenditures; Definitions - Mich. Comp. Laws Section 208.1409.amended
  (1) For tax years that begin on or after January 1, 2008 and end before January 1, 2013, an eligible taxpayer may claim a credit ...
• Infield Renovation, Grandstand And Infrastructure Upgrades; Tax Credit; Limitations; Capital Expenditures; Definitions - Mich. Comp. Laws Section 208.1409.new
  (1) For tax years that begin on or after January 1, 2008 and end before January 1, 2013, an eligible taxpayer may claim a credit ...
• Tax Credit; "Eligible Taxpayer" Defined - Mich. Comp. Laws Section 208.1410.new
  (1) For tax years that begin on or after January 1, 2008 and end before January 1, 2013, an eligible taxpayer may claim a credit ...
• Tax Credit; Gross Receipts Greater Than $350,000.00 But Less Than $700,000.00 - Mich. Comp. Laws Section 208.1411.new
  A taxpayer whose gross receipts allocated or apportioned to this state are greater than $350,000.00 but less than $700,000.00, may claim a credit against the ...
• Tax Credit; Certain Eligible Personal Property, Eligible Telephone Personal Property, And Eligible Natural Gas Pipeline Property; Filing; Refund; Definitions - Mich. Comp. Laws Section 208.1413.amended
  (1) Subject to subsection (2), a taxpayer may claim a credit against the tax imposed by this act equal to the following: (a) For property ...
• Tax Credit; Certain Eligible Personal Property, Eligible Telephone Personal Property, And Eligible Natural Gas Pipeline Property; Filing; Refund; Definitions - Mich. Comp. Laws Section 208.1413.new
  (1) Subject to subsection (2), a taxpayer may claim a credit against the tax imposed by this act equal to the following: (a) For property ...
• Qualified Start-Up Business Without Business Income For 2 Consecutive Years; Tax Credit; Total Number Of Years Tax Credit Allowed; Taxpayer Without Business Activity In This State; Compensation, Directors' Fees, Or Distributive Shares; Limitation; Definitions - Mich. Comp. Laws Section 208.1415.new
  (1) A taxpayer that meets the criteria under subsection (4) and that is a qualified start-up business that does not have business income for 2 ...
• Taxpayer With Gross Receipts Not Exceeding $20,000,000.00 And Certain Adjusted Business Income; Disqualification; Determination Of Reduction Percentage; Tax Credit; Reduced Credit; Fraction; Filing And Payment Of Tax; Inclusion Of Compensation Paid By Professional Employer Organization To Officers Of Client And Employees; Definitions - Mich. Comp. Laws Section 208.1417.new
  (1) The credit provided in this section shall be taken after the credits under sections 403 and 405 and before any other credit under this ...
• Tax Voucher Certificate; Use; Total Amount; Limitation; Approval; Application To Michigan Early Stage Venture Investment Corporation; Determination Of Eligibility; Attachment Of Certificate And Forms To Annual Return; Payment Of Tax Liability; Transfer; Use Of Excess Amount; Issuance Of Separate Replacement Tax Voucher Certificate; Definitions - Mich. Comp. Laws Section 208.1419.new
  (1) For tax years that begin after December 31, 2008, a taxpayer that has been issued a tax voucher certificate under section 23 of the ...
• Taxpayer Not Subject To Mcl 206.1 To 206.532; Tax Credit; Charitable Contributions; Limitation; Refund; Definitions - Mich. Comp. Laws Section 208.1421.new
  (1) A taxpayer that is not subject to the income tax act of 1967, 1967 PA 281, MCL 206.1 to 206.532, may claim a credit ...
• Taxpayer Making Charitable Contributions; Tax Credit; Limitation; Refund - Mich. Comp. Laws Section 208.1422.new
  (1) Subject to subsection (2), a taxpayer that makes charitable contributions of $50,000.00 or more during the tax year to either of the following may ...
• Taxpayer Subject To Worker's Disability Compensation Act Of 1969; Tax Credit; Additional Credit; Refund - Mich. Comp. Laws Section 208.1423.new
  (1) A taxpayer that is an employer that is subject to the worker's disability compensation act of 1969, 1969 PA 317, MCL 418.101 to 418.941, ...
• Contribution To Endowment Fund Of Community Foundation Or Education Foundation; Tax Credit - Mich. Comp. Laws Section 208.1425.new
  (1) Subject to the applicable limitations in this section, a taxpayer that does not claim a credit under section 261 of the income tax act ...
• Contribution To Shelter For Homeless Persons, Food Kitchen, Food Bank, Or Other Entity; Tax Credit - Mich. Comp. Laws Section 208.1427.new
  (1) A taxpayer that does not claim a credit under section 261 of the income tax act of 1967, 1967 PA 281, MCL 206.261, for ...
• Taxpayer Certified Under Michigan Next Energy Authority Act; Tax Credit; Definitions - Mich. Comp. Laws Section 208.1429.new
  (1) A taxpayer may claim a credit against the tax imposed by this act for 1 or more of the following as applicable: (a) The ...
• Taxpayer Certified Under Michigan Economic Growth Authority; Tax Credit; Amount; Certificate; Attachment To Annual Return; Statement; Number Of Years; Refund; Effect Of Removal Of New Jobs From State; Statement As To Number Of New Jobs Created In State; Definitions - Mich. Comp. Laws Section 208.1431.new
  (1) For a period of time not to exceed 20 years as determined by the Michigan economic growth authority, a taxpayer that is an authorized ...
• Business Located In Renaissance Zone; Tax Credit; Tax Liability Attributable To Illegal Activity; Duration Of Credit; Refund; Employment Or Compensation To State Employee Member Of State Administrative Board Or Renaissance Zone Review Board Prohibited; Filing Of Annual Return; Business Activity Related To Casino; Definitions - Mich. Comp. Laws Section 208.1433.new
  (1) A taxpayer that is a business located and conducting business activity within a renaissance zone may claim a credit against the tax imposed by ...
• Rehabilitation Of Historic Resource; Tax Credit - Mich. Comp. Laws Section 208.1435.new
  (1) A qualified taxpayer with a rehabilitation plan certified after December 31, 2007 or a qualified taxpayer that has a rehabilitation plan certified before January ...
• Qualified Taxpayer With Unused Credits Or Preapproval Letter; Taxpayer Not Receiving Certificate Of Approval; Tax Credit; Project $2,000,000.00 Or Less; Project More Than $2,000,000.00 But $10,000,000.00 Or Less; Project More Than $10,000,000.00; Procedures For Application To Michigan Economic Growth Authority; Functionally Obsolete Property; Approval Of Projects; Limitations; Multiphase Project; Documentation Of Completed Project; Addition Of Personal Property; Credit Assignment; Other Credits; Professional Sports Stadiums; Casinos; Landfills; Report; Definitions - Mich. Comp. Laws Section 208.1437.new
  (1) Subject to the criteria under this section, a qualified taxpayer that has unused credits or has a preapproval letter issued after December 31, 2007 ...
• Qualified Low-Grade Hematite Consumed In Industrial Or Manufacturing Process; Tax Credit; Definitions - Mich. Comp. Laws Section 208.1439.new
  (1) A taxpayer may claim a credit against the tax imposed by this act equal to $1.00 per long ton of qualified low-grade hematite consumed ...
• Michigan Entrepreneurial Credit; Conditions; Definitions - Mich. Comp. Laws Section 208.1441.new
  (1) For the 2008, 2009, and 2010 tax years, except as otherwise provided under subsection (2), a taxpayer may claim the Michigan entrepreneurial credit equal ...
• Taxpayer As New Motor Vehicle Dealer; Tax Credit; "New Motor Vehicle Inventory" Defined - Mich. Comp. Laws Section 208.1445.amended
  (1) A taxpayer that is a new motor vehicle dealer licensed under the Michigan vehicle code, 1949 PA 300, MCL 257.1 to 257.923, may claim ...
• Taxpayer As New Motor Vehicle Dealer; Tax Credit; "New Motor Vehicle Inventory" Defined - Mich. Comp. Laws Section 208.1445.new
  (1) A taxpayer that is a new motor vehicle dealer licensed under the Michigan vehicle code, 1949 PA 300, MCL 257.1 to 257.923, may claim ...
• Tax Credit Equal To 1.0% Of Taxpayer's Compensation; "Eligible Taxpayer" Defined - Mich. Comp. Laws Section 208.1447.amended
  (1) An eligible taxpayer may claim a credit against the tax imposed by this act equal to 1.0% of the taxpayer's compensation in this state, ...
• Tax Credit Equal To 0.535% Of Taxpayer's Compensation - Mich. Comp. Laws Section 208.1447.new
  (1) An eligible taxpayer may claim a credit against the tax imposed by this act equal to 0.535% of the taxpayer's compensation in this state, ...
• Tax Credit Equal To 0.125% Of Taxpayer's Compensation - Mich. Comp. Laws Section 208.1449.new
  (1) An eligible taxpayer may claim a credit against the tax imposed by this act equal to 0.125% of the taxpayer's compensation in this state, ...
• Tax Credit; Excess Amount; Refund Prohibited; Definitions - Mich. Comp. Laws Section 208.1451.added
  (1) An eligible taxpayer may claim a credit against the tax imposed by this act equal to the following: (a) If a surcharge is imposed ...
• Estimated Return And Payment - Mich. Comp. Laws Section 208.1501.new
  (1) A taxpayer that reasonably expects liability for the tax year to exceed $800.00 shall file an estimated return and pay an estimated tax for ...
• Computation Of Tax For Portion Of Year - Mich. Comp. Laws Section 208.1503.new
  If a taxpayer's tax year to which this act applies ends before December 31, 2008 or if a taxpayer's first tax year is less than ...
• Annual Or Final Return; Date Of Filing; Extension - Mich. Comp. Laws Section 208.1505.new
  (1) An annual or final return shall be filed with the department in the form and content prescribed by the department by the last day ...
• Return; Filing; True And Correct Copy; Amended Return - Mich. Comp. Laws Section 208.1507.new
  (1) A taxpayer required to file a return under this act may be required to furnish a true and correct copy of any return or ...
• Information Return Required By Internal Revenue Code; Filing Required - Mich. Comp. Laws Section 208.1509.new
  (1) At the request of the department, a taxpayer required by the internal revenue code to file or submit an information return of income paid ...
• Unitary Business Group; Filing - Mich. Comp. Laws Section 208.1511.new
  A unitary business group shall file a combined return that includes each United States person, other than a foreign operating entity, that is included in ...
• Administration Of Tax; Rules; Forms; Preparation And Publication Of Statistics - Mich. Comp. Laws Section 208.1513.new
  (1) The tax imposed by this act shall be administered by the department of treasury pursuant to 1941 PA 122, MCL 205.1 to 205.31, and ...
• Distribution To School Aid Fund; Deposit Of Balance To General Fund; "United States Consumer Price Index" Defined - Mich. Comp. Laws Section 208.1515.amended
  (1) In fiscal year 2007-2008, $341,000,000.00 of the revenue collected under this act shall be distributed to the school aid fund and the balance shall ...
• Distribution To School Aid Fund; Deposit Of Balance To General Fund; "United States Consumer Price Index" Defined - Mich. Comp. Laws Section 208.1515.new
  (1) In fiscal year 2007-2008, $136,000,000.00 of the revenue collected under this act shall be distributed to the school aid fund and the balance shall ...
• Implementation Of Act; Appropriation; Carrying Forward Unexpended Funds - Mich. Comp. Laws Section 208.1517.new
  There is appropriated to the department for the 2006-2007 state fiscal year the sum of $1,000,000.00 to begin implementing the requirements of this act. Any ...
• Severability Of Provisions - Mich. Comp. Laws Section 208.1519.new
  If a final order of a court of competent jurisdiction for which all rights of appeal have been exhausted or have expired determines that any ...
• Refund Of Excess Amounts; Deposit Into Countercyclical Budget And Economic Stabilization Fund; Disposition Of Taxpayer's Pro Rata Share; Definitions - Mich. Comp. Laws Section 208.1601.amended
  (1) For the 2008 fiscal year, except as otherwise provided under subsection (4), if total net cash payments from the tax imposed under this act ...
• Refund Of Excess Amounts; Deposit Into Countercyclical Budget And Economic Stabilization Fund; Definitions - Mich. Comp. Laws Section 208.1601.new
  (1) For the 2008 fiscal year, except as otherwise provided under subsection (4), if total net cash payments from the tax imposed under this act ...

Last modified: January 3, 2008