Section 206.266 – Rehabilitation of Historic Resource; Tax Credit; Plan; Certification; Revocation of Certificate or Sale of Historic Resource; Rules; Report; Definitions.
206.266 Rehabilitation of historic resource; tax credit; plan; certification; revocation of certificate or sale of historic resource; rules; report; definitions. Sec. 266. (1) A qualified taxpayer with a rehabilitation plan certified after December 31, 1998 and before January 1, 2012 may credit against the tax imposed by this part the amount determined pursuant to subsection […]
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 206.266a – Rehabilitation of Historic Resource; Tax Credit; Plan; Certification; Revocation of Certificate or Sale of Historic Resource; Rules; Report; Definitions.
206.266a Rehabilitation of historic resource; tax credit; plan; certification; revocation of certificate or sale of historic resource; rules; report; definitions. Sec. 266a. (1) Subject to the limitations under this section, a qualified taxpayer with a certificate of completed rehabilitation issued pursuant to subsection (4) after December 31, 2020 and before January 1, 2031 may credit […]
Section 206.201 – Exemption of Persons Exempt From Federal Income Tax; Exceptions.
206.201 Exemption of persons exempt from federal income tax; exceptions. Sec. 201. (1) A person who is exempt from federal income tax pursuant to the provisions of the internal revenue code shall be exempt from the tax imposed by this part except the unrelated taxable business income of an exempt person as determined under the […]
Section 206.267-206.269 – Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
206.267-206.269 Repealed. 2011, Act 38, Eff. Jan. 1, 2012. Compiler’s Notes: The repealed sections pertained to tax credit after December 31, 2000, tax exemption for qualified adoption expenses, and tax credit for donated automobiles.
Section 206.211, 206.221 – Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
206.211, 206.221 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975. Compiler’s Notes: The repealed sections pertained to exemptions for foreign or alien insurers and for nonresident financial institutions.
Section 206.251 – Credit for Taxes Withheld; Election to Treat as Total Tax.
206.251 Credit for taxes withheld; election to treat as total tax. Sec. 251. (1) The amount withheld under section 703 shall be allowed to the recipient of the compensation as a credit against the tax imposed on him or her by this part. (2) The amount so withheld during any calendar year shall be allowed […]
Section 206.252, 206.253 – Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
206.252, 206.253 Repealed. 2011, Act 38, Eff. Jan. 1, 2012. Compiler’s Notes: The repealed sections pertained to Headlee amendment refund and tax credit relating to purchase and installation of qualified home improvement.
Section 206.254 – Flow-Through Entity Members; Tax Credit for Tax Paid by the Flow-Through Entity; Refundable.
206.254 Flow-through entity members; tax credit for tax paid by the flow-through entity; refundable. Sec. 254. (1) Except as otherwise provided under this section, for tax years beginning on and after January 1, 2021, a taxpayer who is either a member of a flow-through entity that elects to file a return and pay the tax […]
Section 206.255 – Credit for Tax Imposed by Another State, District of Columbia, or Canadian Province; Allowance of Canadian Provincial Credit; Maximum Credit.
206.255 Credit for tax imposed by another state, District of Columbia, or Canadian province; allowance of Canadian provincial credit; maximum credit. Sec. 255. (1) A resident individual or resident estate or trust is allowed a credit against the tax due under this part for the amount of an income tax imposed on the resident individual […]