Michigan Treasury Releases Document on Corporate Income Tax Filing Requirements

The Michigan Department of Treasury released a document detailing the state’s Corporate Income Tax (CIT) filing requirements. The document provides information on topics such as tax base calculation, credit carryforwards, and unitary business group filing. It also clarifies that farms are not exempt from the CIT and that gross receipts are used to determine whether a taxpayer has established a nexus with Michigan. [Mich. Dep’t of Treasury, Corporate Income Tax, 01/01/25]

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