September 13, 2011, Introduced by Rep. Gilbert and referred to the Committee on Tax Policy.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
by amending section 663 (MCL 206.663), as added by 2011 PA 38.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 663. (1) Except as otherwise provided in subsection (2)
and section 669, the sales factor is a fraction, the numerator of
which is the total sales of the taxpayer in this state during the
tax year and the denominator of which is the total sales of the
taxpayer everywhere during the tax year.
(2) Except as otherwise provided under this subsection, for a
taxpayer that is a unitary business group, sales include sales in
this state of every person included in the unitary business group
without regard to whether the person has nexus in this state. Sales
between persons included in a unitary business group must be
eliminated in calculating the sales factor.
(3)
It Except as otherwise provided
under section 667, it is
the
intent of the legislature that each the tax base of a taxpayer
is
apportioned to this state by multiplying each the tax
base by
the sales factor multiplied by 100% and that apportionment shall
not be based on property, payroll, or any other factor
notwithstanding section 1 of 1969 PA 343, MCL 205.581.
Enacting section 1. This amendatory act takes effect January
1, 2012.