MBT Contains Special Provisions for Taxation of Financial Institutions

By Patrick R. Van Tiflin, -- Honigman Miller Schwartz and Cohn LLP General Editor, Patrick R. Van Tiflin, -- Honigman Miller Schwartz and Cohn LLP Legislation enacted in 2011 provides that, effective for tax years beginning on or after January 1, 2012, the Michigan Business Tax is repealed (except...

MBT Contains Special Provisions for Taxation of Financial Institutions

By Patrick R. Van Tiflin, -- Honigman Miller Schwartz and Cohn LLP General Editor, Patrick R. Van Tiflin, -- Honigman Miller Schwartz and Cohn LLP Legislation enacted in 2011 provides that, effective for tax years beginning on or after January 1, 2012, the Michigan Business Tax is repealed (except...