206.635 Tax on insurance company; imposition and levy; direct premiums; qualified health insurance policies; exemption. Sec. 635. (1) Except as otherwise provided under subsection (4) or (6), each insurance company shall pay a tax determined under this chapter. (2) The tax imposed by this chapter on each insurance company shall be a tax equal to […]
206.637 Tax credit; calculation; assessments of insurance company from immediately preceding tax year; payments to Michigan automobile insurance placement facility attributable to assigned claims plan. Sec. 637. (1) Except as otherwise provided under subsection (3), an insurance company may claim a credit against the tax imposed under this chapter in the following amounts: (a) Amounts […]
206.639 Tax credit in amount equal to 50% of examination fees paid by insurance company. Sec. 639. An insurance company shall be allowed a credit against the tax imposed under this chapter in an amount equal to 50% of the examination fees paid by the insurance company during the tax year pursuant to section 224 […]
206.641 Amounts paid pursuant to MCL 418.352; tax credit; refund of excess amount. Sec. 641. (1) For amounts paid pursuant to section 352 of the worker’s disability compensation act of 1969, 1969 PA 317, MCL 418.352, an insurance company subject to the worker’s disability compensation act of 1969, 1969 PA 317, MCL 418.101 to 418.941, […]
206.643 Imposition of tax on insurance company; tax year; annual return; calculation of estimated payment; disclosure. Sec. 643. (1) An insurance company is subject to the tax imposed by this chapter or by section 476a of the insurance code of 1956, 1956 PA 218, MCL 500.476a, if applicable, whichever is greater. (2) The tax year […]
