There is a newer version
of
this Section
2017 Michigan Compiled Laws
Chapter 208 - Business Tax
Act 325 of 2006 BUSINESS TAX REPEAL (208.151 - 208.154)
Section 208.151 Purpose.
Universal Citation: MI Comp L § 208.151 (2017)
208.151 Purpose.
1. Purpose
Sec. 1. The purpose of this initiated law is to:
(a) Repeal the single business tax on business activity in this state after December 31, 2007; and
(b) Encourage the legislature to adopt a tax that is less burdensome and less costly to employers, more equitable, and more conducive to job creation and investment.
History: 2006, Act 325, Eff. Dec. 31, 2007
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.