Will Michigan Repeal the Michigan Business Tax?

Posted by accountingweb on Feb 2 2011 1298 printer friendly

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.

View the discussion thread.

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State and Local Tax 360˚

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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