reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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Former MCL 206.30a, which pertained to certain allowable deductions, was repealed by Act 484 of 1996, Eff.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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-1 - Chapter 1 (206.1...206.36) › Section 206.30b-206.30c - Repealed. 1996, Act 484, Eff.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206.30b-206.30c Repealed. 1996, Act 484, Eff.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The repealed sections pertained to certain allowable deductions.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-1 - Chapter 1 (206.1...206.36) › Section 206.30d - Repealed. 2011, Act 38, Eff.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206.30d Repealed. 2011, Act 38, Eff.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The repealed section pertained to short title of amendatory act and dependent child exemption.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-2 - Chapter 2 (206.51...206.91) › Section 206.51h.added - Michigan Taxpayer Rebate Fund.

***** 206.51h.added THIS ADDED SECTION IS EFFECTIVE 91 DAYS AFTER ADJOURNMENT OF THE 2023 REGULAR SESSION SINE DIE *****
206.51h.added Michigan taxpayer rebate fund.
Sec. 51h.
(1) The Michigan taxpayer rebate fund is created within the state treasury. The state treasurer may receive money or other assets from any source for deposit into the Michigan taxpayer rebate fund. The state treasurer shall direct the investment of the Michigan taxpayer rebate fund. The state treasurer shall credit to the Michigan taxpayer rebate fund interest and earnings from those fund investments.
(2) Money in the Michigan taxpayer rebate fund at the close of the fiscal year shall remain in that fund and shall not lapse to the general fund. However, any money in the Michigan taxpayer rebate fund after all rebates have been issued in accordance with section 476 shall lapse to the general fund at the close of that fiscal year.
(3) The department shall be the administrator of the Michigan taxpayer rebate fund.
(4) Except as otherwise provided under this subsection, if the amendatory act that added this section takes effect before April 18, 2023, the department shall, upon appropriation as provided in section 695, expend money from the Michigan taxpayer rebate fund to issue the advance refund payments in accordance with the rebate and credit authorized under section 476. The department shall not issue any advance refund payments after December 31, 2023.
History:
Add. 2023, Act 4, Eff. (sine die)
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 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
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › 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 of which is 3.
(2) After December 31, 2011, all business income, other than income from transportation services, shall be apportioned to this state by multiplying the income by the sales factor calculated under section 121.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1975, Act 233, Imd. Eff. Aug. 27, 1975 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012 ;-- Am. 2011, Act 178, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.116-206.120 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.116-206.120 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Compiler's Notes:
The repealed sections pertained to property factor, rental rate, average property value, determination of payroll factor, and determination of compensation paid in state.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.121 - Sales Factor; Determination.

206.121 Sales factor; determination.
Sec. 121.
The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax period, and the denominator of which is the total sales of the taxpayer everywhere during the tax period.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.122 - Sales of Tangible Personalty Within Michigan.

206.122 Sales of tangible personalty within Michigan.
Sec. 122.
Sales of tangible personal property are in this state if:
(a) The property is delivered or shipped to a purchaser, other than the United States government, within this state regardless of the f.o.b. point or other conditions of the sale; or
(b) The property is shipped from an office, store, warehouse, factory or other place of storage in this state and (i) the purchaser is the United States government or (ii) the taxpayer is not taxable in the state of the purchaser.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.123 - Sales Other Than Sales of Tangible Personalty Within State.

206.123 Sales other than sales of tangible personalty within state.
Sec. 123.
Sales, other than sales of tangible personal property, are in this state if:
(a) The income-producing activity is performed in this state; or
(b) The income-producing activity is performed both in and outside this state and a greater proportion of the income-producing activity is performed in this state than outside this state, based on costs of performance.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.125 - Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.

206.125 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
Compiler's Notes:
The repealed section pertained to taxable income of domestic insurers.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.131 - Transportation Services; Sections Applicable.

206.131 Transportation services; sections applicable.
Sec. 131.
The taxable income of a taxpayer whose income-producing activities consist of transportation services rendered partly within and partly without the state shall be determined under the provisions of sections 132 to 134.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.132 - Transportation Other Than of Oil or Gas by Pipeline; Revenue Mile; Taxable Income.

206.132 Transportation other than of oil or gas by pipeline; revenue mile; taxable income.
Sec. 132.
In the case of taxable income other than that derived from the transportation of oil or gas by pipeline, that portion of the net income of the taxpayer derived from transportation services wherever performed that the revenue miles of the taxpayer in Michigan bear to the revenue miles of the taxpayer everywhere. A revenue mile means the transportation for a consideration or 1 net ton in weight or 1 passenger the distance of 1 mile. The taxable income attributable to Michigan sources in the case of a taxpayer engaged in the transportation both of property and of individuals shall be that portion of the entire net income of the taxpayer which is equal to the average of his passenger miles and ton mile fractions, separately computed and individually weighted by the ratio of gross receipts from passenger transportation to total gross receipts from all transportation, and by the ratio of gross receipts from freight transportation to total gross receipts from all transportation, respectively. If it is shown to the satisfaction of the department that the foregoing information is not available or cannot be obtained without unreasonable expense to the taxpayer, the commissioner may use such other data which may be available and which in the opinion of the department will result in an equitable allocation of such receipts to this state.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.133 - Transportation of Oil by Pipeline; Taxable Income.

206.133 Transportation of oil by pipeline; taxable income.
Sec. 133.
In the case of taxable income derived from the transportation of oil by pipeline, that portion of the net income of the taxpayer derived from the pipeline transportation of oil everywhere that the barrel miles transported in Michigan bear to the barrel miles transported by the taxpayer everywhere.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.134 - Transportation of Gas by Pipeline; Taxable Income.

206.134 Transportation of gas by pipeline; taxable income.
Sec. 134.
In the case of taxable income derived from the transportation of gas by pipeline, net income attributable to Michigan shall be that portion of the taxable income of the taxpayer derived from the pipeline transportation of gas everywhere that the thousand cubic feet miles transported in Michigan bear to the thousand cubic feet miles transported by the taxpayer everywhere.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.151 - Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.

206.151 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
Compiler's Notes:
The repealed section pertained to taxable income of financial organizations.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › Section 206.191 - Sales Not Exceeding $100,000; Taxable Income.

206.191 Sales not exceeding $100,000; taxable income.
Sec. 191.
(1) If the taxpayer's only activities within this state consist of sales and do not include owning or renting real estate or tangible personal property and whose dollar volume of gross sales made during the tax year within the state is not in excess of $100,000.00 the taxpayer may elect for that year:
(a) To report and pay a tax on net income arrived at by multiplying total sales in this state for the taxable year by the ratio of net income from operations to total sales as reported on his federal income tax return for the same taxable year; or
(b) Report and pay a tax of 2/5 of 1% on total sales in this state, whichever method reflects the lesser tax liability.
(2) The election is not available for any taxable year for which a consolidated return is required.
History:
1967, Act 281, Eff. Oct. 1, 1967
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-3 - Chapter 3 (206.101...206.195) › 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 activity, if reasonable:
(a) Separate accounting;
(b) The inclusion of 1 or more additional factors which will fairly represent the taxpayer's business activity in this state.
(c) The employment of any other method to effectuate an equitable allocation and apportionment of the taxpayer's taxable income.
(2) An alternative method will be effective only with approval by the department.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-4 - Chapter 4 (206.201... 206.221) › 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 internal revenue code.
(2) Nothing in this section shall exempt a person from the withholding and information return provisions of this part.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 1975, Act 233, Imd. Eff. Aug. 27, 1975 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-4 - Chapter 4 (206.201... 206.221) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › 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 as a credit for the taxable year beginning in such calendar year. If more than 1 taxable year begins in a calendar year, such amount shall be allowed as a credit for the last taxable year so beginning.
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 ;-- Am. 2011, Act 174, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › 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 or resident estate or trust for the tax year by another state of the United States, a political subdivision of another state of the United States, the District of Columbia, or a Canadian province, on income derived from sources outside this state that is also subject to tax under this part or the amount determined under subsection (3), whichever is less. For purposes of the Canadian provincial credit, the credit is allowed for only that portion of the provincial tax not claimed as a credit for federal income tax purposes. It is presumed that the Canadian federal income tax is claimed first. The provincial tax claimed as a carryover deduction as provided in the internal revenue code is not allowed as a credit under this section.
(2) The Canadian provincial credit shall be allowed for the 1978 tax year and for each tax year after 1978.
(3) The credit under this section shall not exceed an amount determined by dividing income that is subject to taxation both in this state and in another jurisdiction by taxable income and then multiplying that result by the taxpayer's tax liability before any credits are deducted.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 1978, Act 589, Imd. Eff. Jan. 4, 1979 ;-- Am. 1979, Act 30, Imd. Eff. June 14, 1979 ;-- Am. 1982, Act 515, Imd. Eff. Dec. 31, 1982 ;-- Am. 1987, Act 254, Imd. Eff. Dec. 28, 1987 ;-- Am. 1996, Act 484, Eff. Jan. 1, 1997 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
Compiler's Notes:
Section 2 of Act 515 of 1982 provides: “(1) Section 255 of this amendatory act shall be effective for the 1979 tax year and each tax year thereafter.(2) Section 301 of this amendatory act shall take effect for tax years beginning on or after January 1, 1983.(3) Section 520 of this amendatory act shall take effect for tax years beginning on or after January 1, 1981.”
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.256 - Tax Exemption in Other States by Nonresidents; Reciprocal Agreement.

206.256 Tax exemption in other states by nonresidents; reciprocal agreement.
Sec. 256.
For a nonresident individual, estate, or trust, if the laws of the state of residence exempt a resident of this state from liability for the payment of income taxes on income earned for personal services performed in that state, the department may enter into a reciprocal agreement with that state to provide a similar tax exemption for that state's residents on income earned for personal services performed in this state.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 1996, Act 484, Eff. Jan. 1, 1997 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.257 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.257 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Compiler's Notes:
The repealed section pertained to tax credit for city income taxes.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.258 - Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.

206.258 Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
Compiler's Notes:
The repealed section pertained to credit for personal property taxes paid on inventories.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.260, 206.261 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.260, 206.261 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Compiler's Notes:
The repealed sections pertained to tax credit for certain charitable contributions and to certain community foundations.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.262 - Repealed. 1996, Act 484, Eff. Jan. 1, 1997.

206.262 Repealed. 1996, Act 484, Eff. Jan. 1, 1997.
Compiler's Notes:
The repealed section pertained to tax credits for solar, wind, or water energy conversion devices.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.263 - Repealed. 1996, Act 484, Eff. Jan. 1, 1996.

206.263 Repealed. 1996, Act 484, Eff. Jan. 1, 1996.
Compiler's Notes:
The repealed section pertained to agricultural products gleaned from agricultural property.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.264 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.

206.264 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Compiler's Notes:
The repealed section pertained to tax credit for contribution to medical care savings account.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.265 - Credit Against Tax; Determining Amount; Eligibility; Limitation; Refund.

206.265 Credit against tax; determining amount; eligibility; limitation; refund.
Sec. 265.
(1) For the 1989 tax year and each tax year after 1989, a taxpayer may credit against the tax imposed by this part for the tax year an amount equal to the tax paid in any prior tax year attributable to income received by the taxpayer in any prior tax year and repaid by the taxpayer during the tax year if the taxpayer is eligible for a deduction or credit against his or her federal tax liability pursuant to section 1341 of the internal revenue code based on the repayment for the tax year. A credit under this section for a tax year is allowed only if the repayment for which a deduction or credit was taken pursuant to section 1341 of the internal revenue code is not deducted in calculating the taxpayer's adjusted gross income for the tax year.
(2) If the credit allowed under this section exceeds the tax liability of the taxpayer for the tax year, that portion of the credit that exceeds the tax liability shall be refunded.
History:
Add. 1993, Act 128, Imd. Eff. July 22, 1993 ;-- Am. 1998, Act 19, Imd. Eff. Mar. 12, 1998 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
Compiler's Notes:
Enacting section 1 of Act 19 of 1998 provides:“This amendatory act is effective for tax years beginning after 1988.”
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › 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.
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.271 - Recomputation of Taxable Income by Excluding Proportional Gain or Loss on Disposition of Property.

206.271 Recomputation of taxable income by excluding proportional gain or loss on disposition of property.
Sec. 271.
(1) A taxpayer subject to the tax levied by section 51 and whose income received after September 30, 1967 is increased or diminished by the disposition of property acquired before October 1, 1967, which is described in and subject to subchapter P of the internal revenue code, may elect to recompute taxable income by excluding therefrom the proportional gain or loss incurred before October 1, 1967. Taxpayers so electing shall be subject to a tax on taxable income thus recomputed at the rates imposed by this part. An election so made shall include all items of gains or losses realized during the taxable year.
(2) The proportion of gain or loss occurring after September 30, 1967, to total gain or loss is equal to the proportion the number of months after September 30, 1967, to date of disposition bears to the number of months from date of acquisition to date of disposition.
History:
1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 1975, Act 233, Imd. Eff. Aug. 27, 1975 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
2023 Michigan Compiled Laws › Chapter 206 - Income Tax Act of 1967 › Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847) › 281-1967-1 - Part 1 (206.1...206.532) › 281-1967-1-5 - Chapter 5 (206.251...206.278) › Section 206.272 - Tax Credit; Amount Equal to Federal Credit; Refund.

***** 206.272 THIS SECTION IS AMENDED EFFECTIVE 91 DAYS AFTER ADJOURNMENT OF THE 2023 REGULAR SESSION SINE DIE: See 206.272.amended *****
206.272 Tax credit; amount equal to federal credit; refund.
Sec. 272.
(1) For the following tax years that begin after December 31, 2007, a taxpayer may credit against the tax imposed by this act an amount equal to the specified percentages of the credit the taxpayer is allowed to claim as a credit under section 32 of the internal revenue code for a tax year on a return filed under this act for the same tax year:
(a) For tax years that begin after December 31, 2007 and before January 1, 2009, 10%.
(b) For tax years that begin after December 31, 2008 and before January 1, 2012, 20%.
(c) For tax years that begin after December 31, 2011, 6%.
(2) If the credit allowed by this section exceeds the tax liability of the taxpayer for the tax year, the state treasurer shall refund the excess to the taxpayer without interest, except as provided in section 30 of 1941 PA 122, MCL 205.30.
History:
Add. 2006, Act 372, Imd. Eff. Sept. 22, 2006 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012
Compiler's Notes:
Enacting section 1 of Act 469 of 2014 provides:"Enacting section 1. This amendatory act does not take effect unless House Joint Resolution UU of the 97th Legislature becomes a part of the state constitution of 1963 as provided in section 1 of article XII of the state constitution of 1963."House Joint Resolution UU was presented to the electors as Proposal 15-1 at the May 5, 2015 special election. The proposal to amend the constitution was not approved by the voters and Act 469 of 2014 does not go into effect.