Sec. 251.
(1) The amount withheld under section 703 shall be allowed to the recipient of the compensation as a credit against the tax imposed on him or her by this part.
(2) The amount so withheld during any calendar year shall be allowed as a credit for the taxable year beginning in such calendar year. If more than 1 taxable year begins in a calendar year, such amount shall be allowed as a credit for the last taxable year so beginning.
History: 1967, Act 281, Eff. Oct. 1, 1967 ;-- Am. 1969, Act 332, Imd. Eff. Nov. 4, 1969 ;-- Am. 2011, Act 38, Eff. Jan. 1, 2012 ;-- Am. 2011, Act 174, Eff. Jan. 1, 2012
Structure Michigan Compiled Laws
Chapter 206 - Income Tax Act of 1967
Act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847)
281-1967-1 - Part 1 (206.1...206.532)
281-1967-1-5 - Chapter 5 (206.251...206.278)
Section 206.251 - Credit for Taxes Withheld; Election to Treat as Total Tax.
Section 206.252, 206.253 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.256 - Tax Exemption in Other States by Nonresidents; Reciprocal Agreement.
Section 206.257 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.258 - Repealed. 1975, Act 233, Imd. Eff. Aug. 27, 1975.
Section 206.260, 206.261 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.262 - Repealed. 1996, Act 484, Eff. Jan. 1, 1997.
Section 206.263 - Repealed. 1996, Act 484, Eff. Jan. 1, 1996.
Section 206.264 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.265 - Credit Against Tax; Determining Amount; Eligibility; Limitation; Refund.
Section 206.267-206.269 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.270 - Tax Voucher Certificate; Definitions.
Section 206.272 - Tax Credit; Amount Equal to Federal Credit; Refund.
Section 206.273 - Repealed. 2000, Act 499, Eff. Dec. 31, 2001.
Section 206.274-206.276 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.278 - Qualified Investment in Qualified Business; Tax Credit; Definitions.