Michigan Compiled Laws
36-2007-4 - Chapter 4 (208.1400...208.1471)
Section 208.1411 - Tax Credit; Gross Receipts Greater Than $350,000.00 but Less Than $700,000.00.

***** 208.1411 THIS SECTION IS REPEALED BY ACT 90 OF 2019 EFFECTIVE FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31, 2031 *****
Sec. 411.
A taxpayer whose gross receipts allocated or apportioned to this state are greater than $350,000.00 but less than $700,000.00, may claim a credit against the tax imposed under this act equal to the tax liability after the credit under section 417 multiplied by a fraction the numerator of which is the difference between the person's allocated or apportioned gross receipts and $700,000.00 and the denominator of which is $350,000.00.
History: 2007, Act 36, Eff. Jan. 1, 2008 Compiler's Notes: Enacting section 1 of Act 36 of 2007 provides:"Enacting section 1. This act takes effect January 1, 2008 and applies to all business activity occurring after December 31, 2007."Popular Name: MBT

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 208 - Business Tax

Act 36 of 2007 - Michigan Business Tax Act (208.1101 - 208.1601)

36-2007-4 - Chapter 4 (208.1400...208.1471)

Section 208.1400 - Taxpayer; Scope.

Section 208.1401 - Application of Unused Carryforward.

Section 208.1403 - Allowable Total Combined Credit; Limitation; Tax Credit; Payments by Professional Employer Organization; Calculation; Tax Year in Which Negative Credit Is Calculated; Credit Claimed Under MCL 208.1405; Taxpayer Engaged in Furnishin...

Section 208.1405 - Taxpayer's Research and Development Expenses; Tax Credit; Limitation; Definition.

Section 208.1407 - Eligible Contribution Made by Qualified Taxpayer; Tax Credit; Application; Criteria for Review of Application; Certificate; Issuance; Contents; Limitation on Credits Granted; Agreement Requiring Compliance With Application Provisio...

Section 208.1409 - Infield Renovation, Grandstand and Infrastructure Upgrades, and Other Construction Upgrades; Tax Credit; Limitations; Additional Credit; Capital Expenditures; Definitions.

Section 208.1410 - Tax Credit; "Eligible Taxpayer" Defined.

Section 208.1410a - Tax Credit; "Eligible Taxpayer" Defined.

Section 208.1411 - Tax Credit; Gross Receipts Greater Than $350,000.00 but Less Than $700,000.00.

Section 208.1413 - Tax Credit; Certain Eligible Personal Property, Eligible Telephone Personal Property, and Eligible Natural Gas Pipeline Property; Filing; Refund; Definitions.

Section 208.1415 - Qualified Start-Up Business Without Business Income for 2 Consecutive Years; Tax Credit; Total Number of Years Tax Credit Allowed; Taxpayer Without Business Activity in This State; Compensation, Directors' Fees, or Distributive Sha...

Section 208.1417 - Taxpayer With Gross Receipts Not Exceeding $20,000,000.00 and Certain Adjusted Business Income; Disqualification; Determination of Reduction Percentage; Tax Credit; Reduced Credit; Fraction; Filing and Payment of Tax; Inclusion of...

Section 208.1419 - Tax Voucher Certificate; Use; Total Amount; Limitation; Approval; Application to Michigan Early Stage Venture Investment Corporation; Determination of Eligibility; Attachment of Certificate and Forms to Annual Return; Payment of Ta...

Section 208.1421 - Taxpayer Not Subject to MCL 206.1 to 206.532; Tax Credit; Charitable Contributions; Limitation; Refund; Definitions.

Section 208.1422 - Taxpayer Making Charitable Contributions; Tax Credit; Limitation; Refund.

Section 208.1423 - Taxpayer Subject to Worker's Disability Compensation Act of 1969; Tax Credit; Additional Credit; Refund.

Section 208.1425 - Contribution to Endowment Fund of Community Foundation or Education Foundation; Tax Credit.

Section 208.1426 - Contributions to Reserve Fund of Fiduciary Organization Under the Individual or Family Development Account Program Act; Tax Credit; Carrying Forward Excess Credit; Limitation; Definitions.

Section 208.1427 - Contribution to Shelter for Homeless Persons, Food Kitchen, Food Bank, or Other Entity; Tax Credit.

Section 208.1429 - Taxpayer Certified Under Michigan Next Energy Authority Act; Tax Credit; Definitions.

Section 208.1430 - Facility Developing and Manufacturing Photovoltaic Technology; Tax Credit.

Section 208.1431 - Business Authorized Under Michigan Economic Growth Authority; Tax Credit; Amount; Certificate; Attachment to Annual Return; Statement; Number of Years; Refund; Effect of Failure to Meet Requirements or Removal of New Jobs From Stat...

Section 208.1431a - Tax Credit; Amount; Percentage of Qualified Supplier's or Customer's Payroll Attributable to Employees Performing Qualified New Jobs; Determination by Michigan Economic Growth Authority; Certificate; Issuance; Contents; Failure to...

Section 208.1431b - Agreement With Person or Group of Persons; Tax Credit; Factors to Be Considered by Michigan Economic Growth Authority; Contents of Agreement; Amount of Credit; Issuance of Certificate of Designation; Statement; Definitions.

Section 208.1431c - Designation as Anchor Companies; Tax Credit; Certification by Michigan Economic Growth Authority; Disclosure to Legislature; Contents of Certificate; Failure to Meet Requirements or Conditions; Disposition of Excess Credit; Defini...

Section 208.1432 - Agreement to Manufacture Polycrystalline Silicon; Tax Credit; Certificate; Definitions.

Section 208.1432a - Tax Years Beginning After December 31, 2011 and Before January 1, 2016; Tax Credit; Electricity; "Qualified Consumption of Electricity" Defined.

Section 208.1432b - Tax Years Beginning After December 31, 2015 and Before January 1, 2022; Tax Credit; "Qualified Consumption of Electricity" Defined.

Section 208.1432c - For 2022 Tax Year; Tax Credit; "Qualified Consumption of Electricity" Defined.

Section 208.1432d - For 2023 Tax Year; Tax Credit; Electricity; "Qualified Consumption of Electricity" Defined.

Section 208.1433 - Business Located in Renaissance Zone; Tax Credit; Tax Liability Attributable to Illegal Activity; Duration of Credit; Refund; Employment or Compensation to State Employee Member of State Administrative Board or Renaissance Zone Rev...

Section 208.1434 - Tax Credits or Voucher Certificates to Stimulate Domestic Commercialization and Affordability of High-Power Energy Batteries; Authority for Michigan Economic Growth Authority to Enter Agreements; Limitations; Allowable Credit; Revi...

Section 208.1435 - Rehabilitation of Historic Resource; Tax Credit; Definitions.

Section 208.1437 - Qualified Taxpayer With Unused Credits or Preapproval Letter; Taxpayer Not Receiving Certificate of Completion; Tax Credit; Project $2,000,000.00 or Less; Project More Than $2,000,000.00 but $10,000,000.00 or Less; Project More Tha...

Section 208.1439 - Qualified Low-Grade Hematite Consumed in Industrial or Manufacturing Process; Tax Credit; Definitions.

Section 208.1441 - Michigan Entrepreneurial Credit; Conditions; Definitions.

Section 208.1445 - Taxpayer as New Motor Vehicle Dealer; Tax Credit; "New Motor Vehicle Inventory" Defined.

Section 208.1446 - Ownership, Operation, or Control of Exhibition Open to Public; Tax Credit.

Section 208.1447 - Tax Credit Equal to 1.0% of Taxpayer's Compensation; "Eligible Taxpayer" Defined.

Section 208.1449 - Tax Credit Equal to 0.125% of Taxpayer's Compensation.

Section 208.1450 - Research and Development of Qualified Technology; Tax Credit; Definitions.

Section 208.1450a - Tax Credit Under Section 34 of Former 1975 Pa 228; Tax Credit Under MCL 208.1450; Tax Credit Under MCL 208.1405.

Section 208.1451 - Tax Credit; Excess Amount; Refund Prohibited; Definitions.

Section 208.1453 - Private Equity Fund Manager; Tax Credit; Definitions.

Section 208.1455 - Michigan Film Office; Agreement With Eligible Production Company; Tax Credit; Requirements; Application; Form; Fee; Considerations; Determination of Compliance With Terms of Agreement; Issuance of Postproduction Certificate of Comp...

Section 208.1457 - Qualified Film and Digital Media Infrastructure Project; Tax Credit.

Section 208.1459 - Eligible Production Company; Tax Credit.

Section 208.1460 - Service Station Owner; Conversion or Creation of Fuel Delivery Systems to Provide E85 Fuel or Qualified Biodiesel Blends; Tax Exemption; Definitions.

Section 208.1461 - Tax Credit by Taxpayer Other Than Regulated Utility.

Section 208.1471 - Dealer, Distributor, Manufacturer, or Seller of Cigarettes or Tobacco Products; Tax Credit.