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 206.51e – Deposit of Revenue Into State Brownfield Redevelopment Fund; Definitions.
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 […]
Section 206.30a – Taxable Income; Adjustment.
206.30a Taxable income; adjustment. Sec. 30a. Notwithstanding any other provision of this part, for the 2012 tax year and each tax year after 2012 through the 2021 tax year, taxable income for purposes of this part means taxable income as determined under section 30 with the following adjustment. For the 2012 tax year and each […]
Section 206.51f – Payment Under MCL 125.2090g to 125.2090j; Deposit Into Good Jobs for Michigan Fund; Definitions.
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 […]
Section 206.30b-206.30c – Repealed. 1996, Act 484, Eff. Jan. 1, 1997.
206.30b-206.30c Repealed. 1996, Act 484, Eff. Jan. 1, 1997. Compiler’s Notes: The repealed sections pertained to certain allowable deductions.
Section 206.51g – Renew Michigan Fund; Department of Environmental Quality Administrator; Use of Funds Disbursement Percentages; Annual Report.
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 […]
Section 206.30d – Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
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 206.52 – Exemption.
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 […]
Section 206.30e – Repealed. 2018, Act 38, Imd. Eff. Feb. 28, 2018.
206.30e Repealed. 2018, Act 38, Imd. Eff. Feb. 28, 2018. Compiler’s Notes: The repealed section pertained to “dependent” defined.
Section 206.61-206.81 – Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
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.