reglab/housing_qa huggingface dataset:
MI Comp L § 206.24 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.24 - "Tax Year" or "Taxable Year" Defined.

206.24 "Tax year" or "taxable year" defined.Sec. 24.  "Tax year" or "taxable year" means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which taxable income is computed under this part. In the case of a return made for a fractional part of a year, the term shall mean the period for which such return is made. Except for the first return required by this part, any taxpayer's tax year shall be for the same period as is covered by his federal income tax return. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
MI Comp L § 206.26 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.26 - “Taxpayer” Defined.

206.26 “Taxpayer” defined.Sec. 26.  "Taxpayer" means any person subject to the taxes imposed by this part or subject to the withholding requirements under part 3. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2003, Act 50, Eff. Oct. 1, 2003 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012 ;-- Am. 2016, Act 158, Eff. July 1, 2016
MI Comp L § 206.28 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.28 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.28 Repealed. 2011, Act 38, Eff. Jan. 1, 2012. Compiler's Notes: The repealed section pertained to definition of "taxable income" or "net income".
MI Comp L § 206.30a (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|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 tax year after 2012 through the 2021 tax year, to determine taxable income, a taxpayer shall claim a personal exemption deduction equal to the amount calculated pursuant to section 30(2) or equal to the following amounts multiplied by the number of personal and dependency exemptions allowable under section 30(2), whichever calculation is greater:  (a) Beginning on and after October 1, 2012 and before January 1, 2014, $3,950.00. The department shall annualize the personal exemption deduction for the 2012 tax year, rounded to the nearest $1.00.  (b) Beginning on and after January 1, 2014 and before January 1, 2018, $4,000.00.  (c) For the 2018 tax year, $4,050.00.  (d) For the 2019 tax year, $4,400.00.  (e) For the 2020 tax year, $4,750.00.  (f) For the 2021 tax year, $4,900.00. History: Add. 2012, Act 224, Imd. Eff. June 29, 2012 ;-- Am. 2018, Act 38, Imd. Eff. Feb. 28, 2018 Compiler's Notes: Former MCL 206.30a, which pertained to certain allowable deductions, was repealed by Act 484 of 1996, Eff. Jan. 1, 1997.
MI Comp L § 206.30b-206.30c (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|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.
MI Comp L § 206.30d (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|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.
MI Comp L § 206.30e (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|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.
MI Comp L § 206.30f (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.30f - Repealed. 2018, Act 38, Imd. Eff. Feb. 28, 2018.

206.30f Repealed. 2018, Act 38, Imd. Eff. Feb. 28, 2018. Compiler's Notes: The repealed section pertained to taxable income adjustment for educational savings accounts.
MI Comp L § 206.31 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.31 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.31 Repealed. 2011, Act 38, Eff. Jan. 1, 2012. Compiler's Notes: The repealed section pertained to taxpayers residing in renaissance zone.
MI Comp L § 206.31b (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.31b - Adjustment; "Mineral" and "Qualified Taxpayer" Defined.

206.31b Adjustment; "mineral" and "qualified taxpayer" defined.Sec. 31b.  (1) Notwithstanding any other provision of this part, for the 2013 tax year and each tax year after 2013, taxable income for purposes of this part means taxable income as determined under section 30 with the following adjustment. For the 2013 tax year and each tax year after 2013, eliminate all of the following:  (a) Income derived from a mineral to the extent included in adjusted gross income.  (b) Expenses related to the income deductible under subdivision (a) to the extent deducted in arriving at adjusted gross income.  (2) As used in this act:  (a) "Mineral" means that term as defined in section 2 of the nonferrous metallic minerals extraction severance tax act.  (b) "Qualified taxpayer" means a taxpayer subject to the minerals severance tax levied under the nonferrous metallic minerals extraction severance tax act. History: Add. 2012, Act 414, Imd. Eff. Dec. 20, 2012
MI Comp L § 206.32, 206.34 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-1 - Chapter 1 (206.1...206.36)|Section 206.32, 206.34 - Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.

206.32, 206.34 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975. Compiler's Notes: The repealed sections defined taxable income of corporations and financial institutions.
MI Comp L § 206.51a (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|Section 206.51a - Repealed. 2011, Act 38 Eff. Jan. 1, 2012.

206.51a Repealed. 2011, Act 38 Eff. Jan. 1, 2012. Compiler's Notes: The repealed section pertained to calculation of tax, filing annual return, statute of limitations, and enforcement.
MI Comp L § 206.51b (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|Section 206.51b - Repealed. 2000, Act 40, Imd. Eff. Mar. 27, 2000.

206.51b Repealed. 2000, Act 40, Imd. Eff. Mar. 27, 2000. Compiler's Notes: The repealed section pertained to income tax rate other than corporation and its levy and imposition.
MI Comp L § 206.51c (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|Section 206.51c - Repealed. 2007, Act 94, Imd. Eff. Oct. 1, 2007.

206.51c Repealed. 2007, Act 94, Imd. Eff. Oct. 1, 2007. Compiler's Notes: The repealed section pertained to income tax rates other than for corporations.
MI Comp L § 206.51d (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|Section 206.51d - Additional Distribution; Credit to Michigan Transportation Fund; Disbursements; Amounts; Dates.

206.51d Additional distribution; credit to Michigan transportation fund; disbursements; amounts; dates.Sec. 51d.  In addition to the distributions under sections 51, 51e, and 51f, the following amounts of revenue collected from the tax levied under section 51 shall be deposited into the state treasury to the credit of the Michigan transportation fund created in section 10 of 1951 PA 51, MCL 247.660, and disbursed as provided in section 10(1)(l) of 1951 PA 51, MCL 247.660:  (a) Beginning October 1, 2018 through September 30, 2019, $264,000,000.00 unless the minimum foundation allowance falls below the 2017-2018 minimum foundation allowance established under section 20 of the state school aid act of 1979, 1979 PA 94, MCL 388.1620, as amended by 2017 PA 108, then $150,000,000.00.  (b) Beginning October 1, 2019 through September 30, 2020, $468,000,000.00 unless the minimum foundation allowance falls below the 2017-2018 minimum foundation allowance established under section 20 of the state school aid act of 1979, 1979 PA 94, MCL 388.1620, as amended by 2017 PA 108, then $325,000,000.00.  (c) Beginning October 1, 2020 and each October 1 thereafter, $600,000,000.00. History: Add. 2015, Act 179, Eff. Mar. 18, 2016 ;-- Am. 2018, Act 588, Imd. Eff. Dec. 28, 2018 ;-- Am. 2020, Act 75, Imd. Eff. Apr. 2, 2020 Compiler's Notes: Former MCL 206.51d, which pertained to income tax rates other than for corporations, was repealed by Act 94 of 2007, Imd. Eff. Oct. 1, 2007.
MI Comp L § 206.51e (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|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 transmitted under all transformational brownfield plans adopted under the brownfield redevelopment financing act, 1996 PA 381, MCL 125.2651 to 125.2672, shall be deposited each state fiscal year into the state brownfield redevelopment fund created in section 8a of the brownfield redevelopment financing act, 1996 PA 381, MCL 125.2658a. As used in this section, "construction period tax capture revenues", "income tax capture revenues", and "withholding tax capture revenues" mean those terms as defined in section 2 of the brownfield redevelopment financing act, 1996 PA 381, MCL 125.2652. History: Add. 2017, Act 47, Eff. July 24, 2017 Compiler's Notes: Former MCL 206.51e, which pertained to income tax rates other than for corporations, was repealed by Act 94 of 2007, Imd. Eff. Oct. 1, 2007.
MI Comp L § 206.51f (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|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 jobs and due to be paid to an authorized business pursuant to a written agreement entered into under chapter 8D of the Michigan strategic fund act, 1984 PA 270, MCL 125.2090g to 125.2090j, shall be deposited each state fiscal year into the good jobs for Michigan fund created in section 90j of the Michigan strategic fund act, 1984 PA 270, MCL 125.2090j.  (2) As used in this section, "authorized business", "certified new jobs", "withholding tax capture revenues", and "written agreement" mean those terms as defined in section 90g of the Michigan strategic fund act, 1984 PA 270, MCL 125.2090g. History: Add. 2017, Act 110, Eff. Aug. 25, 2017
MI Comp L § 206.52 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|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 less, is exempt from the tax levied and imposed in section 51 and is not required to file a return under this part. History: Add. 1988, Act 1, Imd. Eff. Jan. 22, 1988 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012 ;-- Am. 2018, Act 38, Imd. Eff. Feb. 28, 2018
MI Comp L § 206.61-206.81 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|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.
MI Comp L § 206.91 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-2 - Chapter 2 (206.51...206.91)|Section 206.91 - Common Trust Funds and Participants; Taxable Status.

206.91 Common trust funds and participants; taxable status.Sec. 91.  (1) A common trust fund meeting the requirements of section 584 of the internal revenue code, shall not be subject to tax under this part.  (2) Each participant in the common trust fund shall, under rules prescribed by the department, include its proportionate share of the taxable income whether or not distributed and whether or not distributable. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
MI Comp L § 206.101 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.101 - Repealed. 1970, Act 140, Imd. Eff. Aug. 1, 1970.

206.101 Repealed. 1970, Act 140, Imd. Eff. Aug. 1, 1970. Compiler's Notes: The repealed section pertained to taxable income attributable to Michigan.
MI Comp L § 206.102 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.102 - Income Producing Activities Solely in State.

206.102 Income producing activities solely in state.Sec. 102.  In the case of taxable income of a taxpayer whose income-producing activities are confined solely to this state, the entire taxable income of such taxpayer shall be allocated to this state, except as otherwise expressly provided in this part. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
MI Comp L § 206.103 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.103 - Taxable Income Partly Attributable to State.

206.103 Taxable income partly attributable to state.Sec. 103.  Any taxpayer having income from business activity which is taxable both within and without this state, other than the rendering of purely personal services by an individual, shall allocate and apportion his net income as provided in this part. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1970, Act 140, Imd. Eff. Aug. 1, 1970 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
MI Comp L § 206.105 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.105 - Allocation and Apportionment of Business Income Taxable in Another State.

206.105 Allocation and apportionment of business income taxable in another state.Sec. 105.  For purposes of allocation and apportionment of income from business activity under this part, a taxpayer is taxable in another state if (a) in that state he is subject to 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 (b) that state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
MI Comp L § 206.111 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.111 - Rents and Royalties; Allocation.

206.111 Rents and royalties; allocation. Sec. 111.  (1) Net rents and royalties from real property located in this state are allocable to this state.  (2) Net rents and royalties from tangible personal property are allocable to this state:  (a) If and to the extent that the property is utilized in this state; or  (b) In their entirety if the taxpayer is a resident partnership, estate or trust or individual of this state or has a commercial domicile in this state and the taxpayer is not organized under the laws of or taxable in the state in which the property is utilized.  (3) The extent of utilization of tangible personal property in a state is determined by multiplying the rents and royalties by a fraction, the numerator of which is the number of days of physical location of the property in the state during the rental or royalty period in the taxable year and the denominator of which is the number of days of physical location of the property everywhere during all rental or royalty periods in the taxable year. If the physical location of the property during the rental or royalty period is unknown or unascertainable by the taxpayer, tangible personal property is utilized in the state in which the property was located at the time the rental or royalty payer obtained possession. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969
MI Comp L § 206.112 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.112 - Capital Gains and Losses.

206.112 Capital gains and losses. Sec. 112.  (1) Capital gains and losses from sales or exchanges of real property located in this state are allocable to this state.  (2) Capital gains and losses from sales or exchanges of tangible personal property are allocable to this state if:  (a) The property had a situs in this state at the time of the sale; or  (b) The taxpayer is a resident partnership, estate or trust or individual of this state or has a commercial domicile in this state and the taxpayer is not taxable in the state in which the property had a situs.  (3) Capital gains and losses from sales or exchanges of intangible personal property are allocable to this state if the taxpayer is a resident partnership, estate or trust or individual of this state or has a commercial domicile in this state. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969
MI Comp L § 206.113 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|Section 206.113 - Interest and Dividends; Allocation.

206.113 Interest and dividends; allocation. Sec. 113.  Interest and dividends are allocable to this state if the taxpayer is a resident partnership, estate or trust or individual of this state or has a commercial domicile in this state. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969
MI Comp L § 206.114 (2021)
2021 Michigan Compiled Laws|Chapter 206 - Income Tax Act of 1967|Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.713)|281-1967-1 - Part 1 (206.1...206.532)|281-1967-1-3 - Chapter 3 (206.101...206.195)|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 a state in which the taxpayer is not taxable and the taxpayer is a resident partnership, estate or trust or individual of this state or has a commercial domicile in this state.  (2) A patent is utilized in a state to the extent that it is employed in production, fabrication, manufacturing or other processing in the state or to the extent that a patented product is produced in the state. If the basis of receipts from patent royalties does not permit allocation to states or if the accounting procedures do not reflect states of utilization, the patent is utilized in this state if the taxpayer is a resident partnership, estate or trust or individual or has a commercial domicile in this state.  (3) A copyright is utilized in a state to the extent that printing or other publication originates in the state. If the basis of receipts from copyright royalties does not permit allocation to states or if the accounting procedures do not reflect states of utilization, the copyright is utilized in this state if the taxpayer is a resident partnership, estate or trust or individual or has a commercial domicile in this state. History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969