2006 Michigan Compiled Laws - CHAPTER 1 (206.1...206.36)

INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967 Chapter 1

Document	Description
Section 206.1	Income tax act of 1967; short title.
Section 206.2	Income tax act; rules of construction; internal revenue code, applicability.
Section 206.4	"Board" and "business income" defined.
Section 206.6	"Commercial domicile,""commissioner,""compensation," and "corporation" defined.
Section 206.8	"Department,""employee," and "employer" defined.
Section 206.10	"Fiduciary" defined.
Section 206.12	Definitions.
Section 206.14	Nonbusiness income, nonresident and nonresident estate or trust; definitions.
Section 206.16	Person; definition.
Section 206.18	Resident and domicile; definitions.
Section 206.20	Sales and state; definitions.
Section 206.22	"Tax" and "taxable value" defined.
Section 206.24	Tax year or taxable year; definition.
Section 206.26	"Taxpayer" defined.
Section 206.28	Taxable income or net income; definition.
Section 206.30	"Taxable income" defined; personal exemption; single additional exemption; certain 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.
Section 206.30a-206.30c	Repealed. 1996, Act 484, Eff. Jan. 1, 1997.
Section 206.30d	Short title; child care; taxable income; allowable deductions.
Section 206.30e	"Dependent" defined.
Section 206.30f	Taxable income; educational savings accounts; adjustment.
Section 206.31	Taxable income; deductions; other deductions not allowed; taxpayers residing in renaissance zone; applicable provisions; annual return; withholding form; interest and penalty; taxable income derived from illegal activity; calculation of net operating loss; change of taxpayer status; definitions.
Section 206.32, 206.34	Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
Section 206.36	"Taxable income" of resident estate or trust defined.

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