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MICHIGAN BUSINESS TAX: OVERVIEW AND ISSUES TO CONSIDER.

Authors :
Salmon, Scott
Wright, Charles T.
Source :
Tax Adviser; Dec2007, Vol. 38 Issue 12, p750-752, 3p
Publication Year :
2007

Abstract

The article focuses on the Michigan Business Tax (MBT). An overview of the tax is provided. According to the article, the issues for a taxpayer to consider when determining its MBT liability are the definition and scope of gross receipts, the gross receipts tax (GRT) deduction for purchases from other firms and changes in the sales factor calculation.

Details

Language :
English
ISSN :
00399957
Volume :
38
Issue :
12
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
27714587