206.51 Tax rate on taxable income of person other than corporation; percentages of collections deposited in state school aid fund; farmland credits; renew Michigan fund; imposition of annualized rate; computation of taxable income of nonresident; resident beneficiary of trust; tax credit; including items of income and deductions from trust in taxable income; intent of section; […]
206.51a Repealed. 2011, Act 38 Eff. Jan. 1, 2012. Compiler’s Notes: The repealed section pertained to calculation of tax, filing annual return, statute of limitations, and enforcement.
206.51b Repealed. 2000, Act 40, Imd. Eff. Mar. 27, 2000. Compiler’s Notes: The repealed section pertained to income tax rate other than corporation and its levy and imposition.
206.51c Repealed. 2007, Act 94, Imd. Eff. Oct. 1, 2007. Compiler’s Notes: The repealed section pertained to income tax rates other than for corporations.
206.51d Additional distribution; credit to Michigan transportation fund; disbursements; amounts; dates. Sec. 51d. In addition to the distributions under sections 51, 51e, and 51f, the following amounts of revenue collected from the tax levied under section 51 shall be deposited into the state treasury to the credit of the Michigan transportation fund created in section […]
206.51e Deposit of revenue into state brownfield redevelopment fund; definitions. Sec. 51e. In addition to the distribution under sections 51 and 51d, from the revenue collected from the tax levied under section 51 an amount equal to the construction period tax capture revenues, withholding tax capture revenues, and income tax capture revenues due to be […]
206.51f Payment under MCL 125.2090g to 125.2090j; deposit into good jobs for Michigan fund; definitions. Sec. 51f. (1) In addition to the distributions under sections 51 and 51d, from the revenue collected from the tax levied under section 51 an amount equal to that portion of the withholding tax capture revenues attributable to certified new […]
206.51g Renew Michigan fund; department of environmental quality administrator; use of funds disbursement percentages; annual report. Sec. 51g. (1) The renew Michigan fund is created within the state treasury. The state treasurer may receive money or other assets from any source for deposit into the renew Michigan fund. The state treasurer shall direct the investment […]
206.52 Exemption. Sec. 52. A person with respect to whom a deduction is allowable to another taxpayer during the tax year is not considered to have an allowable exemption for purposes of section 30(2) and, notwithstanding sections 51 and 315, if that person has an adjusted gross income for that tax year of $1,500.00 or […]
206.61-206.81 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975. Compiler’s Notes: The repealed sections pertained to taxes imposed on corporations, financial institutions, and unincorporated organizations.
206.91 Common trust funds and participants; taxable status. Sec. 91. (1) A common trust fund meeting the requirements of section 584 of the internal revenue code, shall not be subject to tax under this part. (2) Each participant in the common trust fund shall, under rules prescribed by the department, include its proportionate share of […]
