Michigan Compiled Laws 281-1967-1-1 Chapter 1 (206.1...206.36)

• Section 206.1 Income Tax Act Of 1967; Short Title.
  This act is for the purpose of meeting deficiencies in state funds and shall be known and may be cited as the “income tax...
• Section 206.2 Income Tax Act; Rules Of Construction; Internal Revenue Code, Applicability.
  (1) For the purposes of this part, the words, terms and phrases set forth in this chapter and their derivations have the meaning given...
• Section 206.4 "Business Income” Defined.
  "Business income" means all income arising from transactions, activities, and sources in the regular course of the taxpayer's trade or business and includes the...
• Section 206.6 “commercial Domicile,” “compensation,” And “corporation” Defined.
  (1) "Commercial domicile" means the principal place from which the trade or business of the taxpayer is directed or managed. (2) "Compensation" means wages...
• Section 206.8 “department,”“employee,” And “employer” Defined.
  (1) “Department” means the revenue division of the department of treasury. (2) “Employee” means an employee as defined in section 3401(c) of the internal...
• Section 206.10 “fiduciary” Defined.
  “Fiduciary” means a guardian, trustee, executor, administrator, executrix, administratrix, receiver, conservator, or any person acting in any fiduciary capacity, whether or not a resident...
• Section 206.12 Definitions.
  (1) “Flow-through entity” means an S corporation, partnership, limited partnership, limited liability partnership, or limited liability company. Flow-through entity does not include a publicly...
• Section 206.14 Nonbusiness Income, Nonresident And Nonresident Estate Or Trust; Definitions.
  (1) “Nonbusiness income” means all income other than business income. (2) “Nonresident” means any individual who is not a resident. (3) “Nonresident estate or...
• Section 206.16 Person; Definition.
  “Person” includes any individual, firm, association, corporation, receiver, estate, trust or any other group or combination acting as a unit, and the plural as...
• Section 206.18 Resident And Domicile; Definitions.
  (1) “Resident” means: (a) An individual domiciled in the state. “Domicile” means a place where a person has his true, fixed and permanent home...
• Section 206.20 Sales And State; Definitions.
  (1) “Sales” means all gross receipts of the taxpayer not allocated under sections 110 to 114. (2) “State” means any state of the United...
• Section 206.22 “tax” And “taxable Value” Defined.
  (1) “Tax” includes interest and penalties and further includes the tax required to be withheld by an employer on salaries and wages and the...
• Section 206.24 "Tax Year" Or "Taxable Year" Defined.
  "Tax year" or "taxable year" means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which taxable...
• Section 206.26 “taxpayer” Defined.
  "Taxpayer" means any person subject to the taxes imposed by this part, any employer required to withhold taxes on salaries and wages, or any...
• Section 206.28 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
  Compiler's Notes: The repealed section pertained to definition of "taxable income" or "net income".
• Section 206.30 "Taxable Income" Defined; Personal Exemption; Single Additional Exemption; Deduction Not Considered Allowable Federal Exemption For Purposes Of Subsection (2); Allowable Exemption Or Deduction For Nonresident Or Part-year Resident; Subtraction Of Prizes Under Mcl 432.1 To 432.47 From Adjusted Gross Income Prohibited; Adjusted Personal Exemption; Adjustment On And After January 1, 2013; "Retirement Or Pension Benefits" Defined; Limitations And Restrictions; "Oil And Gas" Defined.
  (1) "Taxable income" means, for a person other than a corporation, estate, or trust, adjusted gross income as defined in the internal revenue code...
• Section 206.30a Taxable Income; Adjustment.
  Notwithstanding any other provision of this part, for the 2012 tax year and each tax year after 2012, taxable income for purposes of this...
• Section 206.30b-206.30c Repealed. 1996, Act 484, Eff. Jan. 1, 1997.
  Compiler's Notes: The repealed sections pertained to certain allowable deductions.
• Section 206.30d Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
  Compiler's Notes: The repealed section pertained to short title of amendatory act and dependent child exemption.
• Section 206.30e “dependent” Defined.
  As used in section 30(3), “dependent” means an individual for whom the taxpayer may claim a dependency exemption on the taxpayer's federal income tax...
• Section 206.30f Taxable Income; Education Savings Accounts; Adjustment.
  For tax years that begin after December 31, 1999, taxable income for purposes of this part equals taxable income as determined under section 30...
• Section 206.31 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
  Compiler's Notes: The repealed section pertained to taxpayers residing in renaissance zone.
• Section 206.31a Taxable Income; Determination; Deduction; Eligibility; Filing Annual Return; Withholding Form; Filing Claim To Which Not Entitled; Penalty And Interest; Taxable Income Derived From Illegal Activity; Calculation Of Net Operating Loss Deduction; Change In Status; Definitions.
  (1) Notwithstanding any other provision of this act and for the 2012 tax year and each tax year after 2012, "taxable income" means taxable...
• Section 206.31b Adjustment; "Mineral" And "Qualified Taxpayer" Defined.
  (1) Notwithstanding any other provision of this part, for the 2013 tax year and each tax year after 2013, taxable income for purposes of...
• Section 206.32, 206.34 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
  Compiler's Notes: The repealed sections defined taxable income of corporations and financial institutions.
• Section 206.36 “taxable Income” Of Resident Estate Or Trust Defined; "Oil And Gas" Defined.
  (1) "Taxable income" in the case of a resident estate or trust means federal taxable income as defined in the internal revenue code subject...

Last modified: October 10, 2016