2009 House Bill 4134

Revise MBT gross receipts tax provision

Introduced in the House

Feb. 4, 2009

Introduced by Rep. Brian Calley (R-87)

To establish that “purchases from other firms,” which are excluded from the base used in calculating taxable gross receipts under the Michigan Business Tax, include rented or leased assets which are depreciable under federal tax law.

Referred to the Committee on Tax Policy