Will Michigan Repeal the Michigan Business Tax?
Last week, the Michigan Governor stated he wanted to eliminate the Michigan Business Tax (MBT) with a 6% corporate net income tax.
In conjunction with the Governor's State of the State address, two bills were introduced that would repeal the MBT.
Michigan HB 4047
Michigan SB 1
Will it happen? Wait and see.
My name is Brian Strahle and I hope you find this blog informative and useful. I am a multistate tax consultant and I serve clients across the U.S. from my office in Washington D.C. For more info, visit my website: www.leveragestateandlocaltax.com
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