reglab/housing_qa huggingface dataset:
MI Comp L § 208.1235 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2A - Chapter 2a (208.1235...208.1243)|Section 208.1235 - Insurance Companies; Tax Payment; Determination; Direct Premiums; Exceptions; Tax in Lieu of Privilege or Franchise Fees or Taxes; Nonapplicability of Tax to MCL 500.4601 to 500.4673 and MCL 500.4701 to 500.4747.

 ***** 208.1235 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1235 Insurance companies; tax payment; determination; direct premiums; exceptions; tax in lieu of privilege or franchise fees or taxes; nonapplicability of tax to MCL 500.4601 to 500.4673 and MCL 500.4701 to 500.4747.Sec. 235.  (1) Except as otherwise provided under subsection (4), 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 1.25% of gross direct premiums written on property or risk located or residing in this state. Direct premiums do not include any of the following:  (a) Premiums on policies not taken.  (b) Returned premiums on canceled policies.   (c) Receipts from the sale of annuities.  (d) Receipts on reinsurance premiums if the tax has been paid on the original premiums.  (e) The first $190,000,000.00 of disability insurance premiums written in this state, other than credit insurance and disability income insurance premiums, of each insurance company subject to tax under this chapter. This exemption shall be reduced by $2.00 for each $1.00 by which the insurance company's gross direct premiums from insurance carrier services in this state and outside this state exceed $280,000,000.00.   (3) The tax calculated under this chapter is in lieu of all other privilege or franchise fees or taxes imposed by this act or any other law of this state, except taxes on real and personal property, taxes collected under the general sales tax act, 1933 PA 167, MCL 205.1 to 205.78, and taxes collected under the use tax act, 1937 PA 94, MCL 205.91 to 205.111, and except as otherwise provided in the insurance code of 1956, 1956 PA 218, MCL 500.100 to 500.8302.  (4) The tax imposed and levied under this act does not apply to an insurance company authorized under chapter 46 or 47 of the insurance code of 1956, 1956 PA 218, MCL 500.4601 to 500.4673, and MCL 500.4701 to 500.4747. History: 2007, Act 36, Eff. Jan. 1, 2008 ;-- 2008, Act 30, Imd. Eff. Mar. 13, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1237 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2A - Chapter 2a (208.1235...208.1243)|Section 208.1237 - Insurance Company; Tax Credit; Amounts; Use of Assessments From Preceding Tax Year; Payments to Michigan Automobile Insurance Placement Facility Attributable to Assigned Claims Plan.

 ***** 208.1237 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1237 Insurance company; tax credit; amounts; use of assessments from preceding tax year; payments to Michigan automobile insurance placement facility attributable to assigned claims plan.Sec. 237.  (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 paid to the Michigan worker's compensation placement facility pursuant to chapter 23 of the insurance code of 1956, 1956 PA 218, MCL 500.2301 to 500.2352.  (b) Amounts paid to the Michigan basic property insurance association pursuant to chapter 29 of the insurance code of 1956, 1956 PA 218, MCL 500.2901 to 500.2954.  (c) Amounts paid to the Michigan automobile insurance placement facility pursuant to chapter 33 of the insurance code of 1956, 1956 PA 218, MCL 500.3301 to 500.3390.  (d) Amounts paid to the property and casualty guaranty association pursuant to chapter 79 of the insurance code of 1956, 1956 PA 218, MCL 500.7901 to 500.7949.  (e) Amounts paid to the Michigan life and health insurance guaranty association pursuant to chapter 77 of the insurance code of 1956, 1956 PA 218, MCL 500.7701 to 500.7780.  (2) The assessments of an insurance company from the immediately preceding tax year shall be used in calculating the credits allowed under this section for each tax year.  (3) For the 2016 tax year only, an insurance company shall only include in the calculation of a credit under this section 35% of the amounts paid to the Michigan automobile insurance placement facility that are attributable to the assigned claims plan approved under chapter 31 of the insurance code of 1956, 1956 PA 218, MCL 500.3101 to 500.3179. For tax years beginning on and after January 1, 2017, an insurance company shall not include in the calculation of a credit under this section amounts paid to the Michigan automobile insurance placement facility that are attributable to the assigned claims plan approved under chapter 31 of the insurance code of 1956, 1956 PA 218, MCL 500.3101 to 500.3179. History: 2007, Act 36, Eff. Jan. 1, 2008 ;-- Am. 2016, Act 277, Imd. Eff. July 1, 2016 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1239 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2A - Chapter 2a (208.1235...208.1243)|Section 208.1239 - Insurance Company; Tax Credit Equal to 65%.

 ***** 208.1239 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1239 Insurance company; tax credit equal to 65%.Sec. 239.  (1) 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 of the insurance code of 1956, 1956 PA 218, MCL 500.224.  (2) An insurance company may claim a credit against the tax imposed under this act as provided under section 403(2), not to exceed 65% of the insurance company's tax liability for the tax year after claiming the other credits allowed by this chapter. History: 2007, Act 36, Eff. Jan. 1, 2008 ;-- Am. 2007, Act 145, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Enacting section 3 of Act 145 of 2007 provides:"Enacting section 3. Sections 281 and 451 of the Michigan business tax act, 2007 PA 36, MCL 208.1281 and 208.1451, as added by this amendatory act, and sections 105, 111, 113, 201, 239, 265, 403, 405, 409, 413, 445, 447, 515, and 601 of the Michigan business tax act, 2007 PA 36, MCL 208.1105, 208.1111, 208.1113, 208.1201, 208.1239, 208.1265, 208.1403, 208.1405, 208.1409, 208.1413, 208.1445, 208.1447, 208.1515, and 208.1601, as amended by this amendatory act, take effect January 1, 2008 and apply to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1241 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2A - Chapter 2a (208.1235...208.1243)|Section 208.1241 - Insurance Company Subject to Worker's Disability Compensation Act of 1969; Tax Credit; Amount; Refund in Excess of Tax Liability.

 ***** 208.1241 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1241 Insurance company subject to worker's disability compensation act of 1969; tax credit; amount; refund in excess of tax liability.Sec. 241.  (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, may claim a credit against the tax imposed under this chapter for the tax year in an amount equal to the amount paid during that tax year by the insurance company pursuant to section 352 of the worker's disability compensation act of 1969, 1969 PA 317, MCL 418.352, as certified by the director of the bureau of worker's disability compensation pursuant to section 391(6) of the worker's disability compensation act of 1969, 1969 PA 317, MCL 418.391.   (2) An insurance company claiming a credit under this section may claim a portion of the credit allowed under this section equal to the payments made during a calendar quarter pursuant to section 352 of the worker's disability compensation act of 1969, 1969 PA 317, MCL 418.352, against the estimated tax payments made under section 501. Any credit in excess of an estimated payment shall be refunded to the insurance company on a quarterly basis within 60 calendar days after receipt of a properly completed estimated tax return. Any subsequent increase or decrease in the amount claimed for payments made by the insurance company shall be reflected in the amount of the credit taken for the calendar quarter in which the amount of the adjustment is finalized.  (3) The credit under this section is in addition to any other credits the insurance company is eligible for under this act.  (4) Any amount of the credit under this section that is in excess of the tax liability of the insurance company for the tax year shall be refunded, without interest, by the department to the insurance company within 60 calendar days of receipt of a properly completed annual return required under this act. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1243 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2A - Chapter 2a (208.1235...208.1243)|Section 208.1243 - Insurance Company; Tax; Imposition; Tax Year as Calendar Year; Filing Annual Return; Calculation of Estimated Payment; Disclosure of Tax Return.

 ***** 208.1243 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1243 Insurance company; tax; imposition; tax year as calendar year; filing annual return; calculation of estimated payment; disclosure of tax return.Sec. 243.  (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 of an insurance company is the calendar year.   (3) Notwithstanding section 505, an insurance company shall file the annual return required under this act before March 2 after the end of the tax year, and an automatic extension under section 505(4) is not available.  (4) For the purpose of calculating an estimated payment required by section 501, the greater of the amount of tax imposed on an insurance company under this chapter or under section 476a of the insurance code of 1956, 1956 PA 218, MCL 500.476a, shall be considered the insurance company's tax liability for the immediately preceding tax year.  (5) The requirements of section 28(1)(f) of 1941 PA 122, MCL 205.28, that prohibit an employee or authorized representative of, a former employee or authorized representative of, or anyone connected with the department from divulging any facts or information obtained in connection with the administration of a tax, do not apply to disclosure of a tax return required by this section. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1263 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2B - Chapter 2b (208.1261...208.1269)|Section 208.1263 - Financial Institution Subject to Franchise Tax; Nexus.

 ***** 208.1263 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1263 Financial institution subject to franchise tax; nexus.Sec. 263.  (1) Every financial institution with nexus in this state as determined under section 200 is subject to a franchise tax. The franchise tax is imposed upon the tax base of the financial institution as determined under section 265 after allocation or apportionment to this state, at the rate of 0.235%.  (2) The tax under this chapter is in lieu of the tax levied and imposed under chapter 2 of this act. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1281 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-2C - Chapter 2c (208.1281...208.1281)|Section 208.1281 - Annual Surcharge; Imposition; Levy; "Michigan Personal Income" Defined; Limitation on Amount; Applicability; Administration, Collection, and Enforcement.

 ***** 208.1281 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1281 Annual surcharge; imposition; levy; "Michigan personal income" defined; limitation on amount; applicability; administration, collection, and enforcement.Sec. 281.  (1) In addition to the taxes imposed and levied under this act and subject to subsections (2), (3), and (4), to meet deficiencies in state funds an annual surcharge is imposed and levied on each taxpayer equal to the following percentage of the taxpayer's tax liability under this act after allocation or apportionment to this state under this act but before calculation of the various credits available under this act:  (a) For each taxpayer other than a person subject to the tax imposed and levied under chapter 2B, 21.99%.  (b) For a person subject to the tax imposed and levied under chapter 2B:  (i) For tax years ending after December 31, 2007 and before January 1, 2009, 27.7%.  (ii) For tax years ending after December 31, 2008, 23.4%.  (2) If the Michigan personal income growth exceeds 0% in any 1 of the 3 calendar years immediately preceding the 2017 calendar year, then the surcharge under subsection (1) shall not be levied and imposed on or after January 1, 2017. For purposes of this subsection, "Michigan personal income" means personal income for this state as defined by the bureau of economic analysis of the United States department of commerce or its successor.  (3) The amount of the surcharge imposed and levied on any taxpayer under subsection (1)(a) shall not exceed $6,000,000.00 for any single tax year.  (4) The surcharge imposed and levied under this section does not apply to either of the following:  (a) A person subject to the tax imposed and levied under chapter 2A.  (b) A person subject to the tax imposed and levied under chapter 2B that is authorized to exercise only trust powers.  (5) The surcharge imposed and levied under this section shall constitute a part of the tax imposed under this act and shall be administered, collected, and enforced as provided under this act. History: Add. 2007, Act 145, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 3 of Act 145 of 2007 provides:"Enacting section 3. Sections 281 and 451 of the Michigan business tax act, 2007 PA 36, MCL 208.1281 and 208.1451, as added by this amendatory act, and sections 105, 111, 113, 201, 239, 265, 403, 405, 409, 413, 445, 447, 515, and 601 of the Michigan business tax act, 2007 PA 36, MCL 208.1105, 208.1111, 208.1113, 208.1201, 208.1239, 208.1265, 208.1403, 208.1405, 208.1409, 208.1413, 208.1445, 208.1447, 208.1515, and 208.1601, as amended by this amendatory act, take effect January 1, 2008 and apply to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1301 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-3 - Chapter 3 (208.1301...208.1311)|Section 208.1301 - Tax Base; Apportionment; Allocation; Taxpayer Subject to Tax in Another State; Circumstances.

 ***** 208.1301 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1301 Tax base; apportionment; allocation; taxpayer subject to tax in another state; circumstances.Sec. 301.  (1) Except as otherwise provided in this act, each tax base established under this act shall be apportioned in accordance with this chapter.  (2) Each tax base of a taxpayer whose business activities are confined solely to this state shall be allocated to this state. Each tax base of a taxpayer whose business activities are subject to tax both within and outside of this state shall be apportioned to this state by multiplying each tax base by the sales factor calculated under section 303.  (3) A taxpayer whose business activities are subject to tax both within and outside of this state is subject to tax in another state in either of the following circumstances:  (a) The taxpayer is subject to a business privilege tax, a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax or a tax of the type imposed under this act in that state.  (b) That state has jurisdiction to subject the taxpayer to 1 or more of the taxes listed in subdivision (a) regardless of whether that state does or does not subject the taxpayer to that tax. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1303 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-3 - Chapter 3 (208.1301...208.1311)|Section 208.1303 - Sales Factor; Calculation.

 ***** 208.1303 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1303 Sales factor; calculation.Sec. 303.  (1) Except as otherwise provided in subsection (2) and section 311, the sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax year and the denominator of which is the total sales of the taxpayer everywhere during the tax year.  (2) Except as otherwise provided under this subsection, for a taxpayer that is a unitary business group, sales include sales in this state of every person included in the unitary business group without regard to whether the person has nexus in this state. Sales between persons included in a unitary business group must be eliminated in calculating the sales factor. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1309 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-3 - Chapter 3 (208.1301...208.1311)|Section 208.1309 - Apportionment; Petition; Alternate Method; Rebuttable Presumption That Apportionment Provisions Fairly Represent Business Activity; Return or Amended Return Not Considered as Petition.

 ***** 208.1309 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1309 Apportionment; petition; alternate method; rebuttable presumption that apportionment provisions fairly represent business activity; return or amended return not considered as petition.Sec. 309.  (1) If the apportionment provisions of this act do not fairly represent the extent of the taxpayer's business activity in this state, the taxpayer may petition for or the treasurer may require the following, with respect to all or a portion of the taxpayer's business activity, if reasonable:  (a) Separate accounting.  (b) The inclusion of 1 or more additional or alternative factors that will fairly represent the taxpayer's business activity in this state.  (c) The use of any other method to effectuate an equitable allocation and apportionment of the taxpayer's tax base.  (2) An alternate method may be used only if it is approved by the department.  (3) The apportionment provisions of this act shall be rebuttably presumed to fairly represent the business activity attributed to the taxpayer in this state, taken as a whole and without a separate examination of the specific elements of either tax base unless it can be demonstrated that the business activity attributed to the taxpayer in this state is out of all appropriate proportion to the actual business activity transacted in this state and leads to a grossly distorted result or would operate unconstitutionally to tax the extraterritorial activity of the taxpayer.  (4) The filing of a return or an amended return is not considered a petition for the purposes of subsection (1). History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1311 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-3 - Chapter 3 (208.1301...208.1311)|Section 208.1311 - Receipts; Source.

 ***** 208.1311 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1311 Receipts; source.Sec. 311.  All other receipts not otherwise sourced under this act shall be sourced based on where the benefit to the customer is received or, if where the benefit to the customer is received cannot be determined, to the customer's location. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT
MI Comp L § 208.1400 (2021)
2021 Michigan Compiled Laws|Chapter 208 - Business Tax|Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)|36-2007-4 - Chapter 4 (208.1400...208.1471)|Section 208.1400 - Taxpayer; Scope.

 ***** 208.1400 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 ***** 208.1400 Taxpayer; scope.Sec. 400.  For purposes of this chapter, taxpayer does not include a person subject to the tax imposed under chapter 2A or 2B unless specifically included in the section. History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT