Speeple News Search

Sign Up! | Tags | Domains | Statistics | Options | Advanced Search

C36. Can a taxpayer use data from its SBT tax periods in calculating the loss adjustment for purposes of determining eligibility for the Alternative Small Business Credit under MCL 208.1417?

michigan.gov » 2008 » June » 16th » C36. Can a taxpayer use data from its SBT tax periods in calculating the loss adjustment for purposes of determining eligibility for the Alternative Small Business Credit under MCL 208.1417?

C36. Can a taxpayer use data from its SBT tax periods in calculating the loss adjustment for purposes of determining eligibility for the Alternative Small Business Credit under MCL 208.1417? Continue Reading »


Latest news from Michigan.Gov | Taxes | MBT FAQs | Michigan Business Tax FAQs:

  1. C.41 How is the Small Business Alternative Credit under MCL 208.1417 calculated by a taxpayer that is a unitary business group? How do the disqualifiers and percentage reducers work?
  2. B.35 A real estate limited partnership owns an apartment project in Michigan subject to mortgage debt. The partnership negotiates a reduction in the mortgage but retains ownership of the apartment project. As the result of the reduction in the mort
  3. U41. With respect to a unitary business group, what is the liability of the individual entities that make up the group for payment of the tax? If payment is not made, which member will be charged with penalties and interest?
  4. Mi36. If a taxpayer that is a unitary business group has a business loss carry forward under MCL 208.1201(5), what happens to the business loss carry forward if membership in the unitary business group changes?
  5. C.42 For purposes of the Small Business Alternative Credit under MCL 208.1417, do the rules of attribution attribute the allocated business income related shareholder to determine whether the taxpayer is disqualified from the credit?

Latest news from michigan.gov:

  1. Governor Proclaims October as Michigan Farm Market and Agricultural Tourism Month: Ag Director Tours Agri-Tourism Businesses in Livingston and Jackson Counties
  2. Michigan Dry Bean Stock Report
  3. Take a Spooky Walk Through Time with 'Haunted History' at the Michigan Historical Museum Oct. 26
  4. State Insurance Consumer Advocate Announces Filing of Formal Complaint against Allstate Insurance Company for Unfair Trade Practices
  5. Transportation Funding Task Force to meet Oct. 13 in Roscommon