Section 206.151 – Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
206.151 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975. Compiler’s Notes: The repealed section pertained to taxable income of financial organizations.
Section 206.191 – Sales Not Exceeding $100,000; Taxable Income.
206.191 Sales not exceeding $100,000; taxable income. Sec. 191. (1) If the taxpayer’s only activities within this state consist of sales and do not include owning or renting real estate or tangible personal property and whose dollar volume of gross sales made during the tax year within the state is not in excess of $100,000.00 […]
Section 206.195 – Alternative Methods of Allocation and Apportionment; Approval.
206.195 Alternative methods of allocation and apportionment; approval. Sec. 195. (1) If the allocation and apportionment provisions of this part do not fairly represent the extent of the taxpayer’s business activity in this state, the taxpayer may petition for or the department may require, in respect to all or any part of the taxpayer’s business […]
Section 206.114 – Patent and Copyright Royalties; Allocation.
206.114 Patent and copyright royalties; allocation. Sec. 114. (1) Patent and copyright royalties are allocable to this state: (a) If and to the extent that the patent or copyright is utilized by the payer in this state; or (b) If and to the extent that the patent or copyright is utilized by the payer in […]
Section 206.115 – Apportionment of Business Income; Exception; Calculation.
206.115 Apportionment of business income; exception; calculation. Sec. 115. (1) Before January 1, 2012, all business income, other than income from transportation services, shall be apportioned to this state by multiplying the income by a fraction, the numerator of which is the property factor plus the payroll factor plus the sales factor, and the denominator […]
Section 206.116-206.120 – Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
206.116-206.120 Repealed. 2011, Act 38, Eff. Jan. 1, 2012. Compiler’s Notes: The repealed sections pertained to property factor, rental rate, average property value, determination of payroll factor, and determination of compensation paid in state.
Section 206.121 – Sales Factor; Determination.
206.121 Sales factor; determination. Sec. 121. The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax period, and the denominator of which is the total sales of the taxpayer everywhere during the tax period. History: 1967, Act 281, Eff. Oct. 1, 1967
Section 206.122 – Sales of Tangible Personalty Within Michigan.
206.122 Sales of tangible personalty within Michigan. Sec. 122. Sales of tangible personal property are in this state if: (a) The property is delivered or shipped to a purchaser, other than the United States government, within this state regardless of the f.o.b. point or other conditions of the sale; or (b) The property is shipped […]
Section 206.123 – Sales Other Than Sales of Tangible Personalty Within State.
206.123 Sales other than sales of tangible personalty within state. Sec. 123. Sales, other than sales of tangible personal property, are in this state if: (a) The income-producing activity is performed in this state; or (b) The income-producing activity is performed both in and outside this state and a greater proportion of the income-producing activity […]
Section 206.125 – Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
206.125 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975. Compiler’s Notes: The repealed section pertained to taxable income of domestic insurers.