Search Results
Public Act Number: 135
Public Act Year: 2021
Document Type(s): MCLs
Public Act Year: 2021
Document Type(s): MCLs
(23 results found)
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| Document | Type | Description |
|---|---|---|
| Section 206.30 | Section | "Taxable income" defined; personal exemption; single additional exemption; deduction not considered allowable federal exemption for purposes of subsection (2); allowable exemption or deduction for nonresident or part-year resident; subtraction of prizes under MCL 432.1 to 432.47 from adjusted gross income prohibited; adjusted personal exemption; "retirement or pension benefits" defined; limitations, restrictions, and options; treatment of surviving spouses; definitions. |
| Section 206.254 | Section | Flow-through entity members; tax credit for tax paid by the flow-through entity; refundable. |
| Section 206.623 | Section | Corporate income tax; levy and imposition; base; adjustments; business income of unitary business group; "business loss" and "oil and gas" defined. |
| Section 206.675 | Section | Flow-through entity members; tax credit for tax paid by the flow-through entity; refundable. |
| Section 206.801 | Section | Meanings of terms; other provisions. |
| Section 206.803 | Section | Definitions; B to E. |
| Section 206.805 | Section | Definitions; F to M. |
| Section 206.807 | Section | Definitions; P to S. |
| Section 206.809 | Section | Definitions; T to U. |
| Section 206.811 | Section | Nexus; "actively solicits", "gross receipts", and "physical presence" defined. |
| Section 206.813 | Section | Election to pay flow-through entity tax; irrevocable; timing. |
| Section 206.815 | Section | Flow-through entity tax; levy and imposition; base; adjustments; computation of tax; disclosure to members. |
| Section 206.817 | Section | Tax base; apportionment; business activity of the flow-through entity; chapter 3. |
| Section 206.819 | Section | Tax credit for allocated share of tax reported by flow-through entity; prohibition. |
| Section 206.831 | Section | Estimated payments and quarterly returns. |
| Section 206.833 | Section | Annual or final return; filing; form and content; remittance of final liability; information return; extension. |
| Section 206.835 | Section | Furnishing copy of return filed under internal revenue code; amended return. |
| Section 206.837 | Section | Added interest; exception for 2021 refunds. |
| Section 206.839 | Section | Non-electing flow-through entity; reporting of information required by internal revenue code; estate or trust reporting requirements. |
| Section 206.841 | Section | Administration of tax; conflicting provisions; rules; forms; additional tax liability; statistics detailing distribution of tax receipts. |
| Section 206.843 | Section | Distribution to state school aid fund; balance to general fund. |
| Section 206.845 | Section | Classification as disregarded entity for federal income tax purposes. |
| Section 206.847 | Section | Imposition of tax; subject to certain state and local tax deduction limitations under the internal revenue code. |