Introduced
by
To replace the Single Business Tax with an annual Michigan Business License Fee that taxes businesses based on a firm's gross receipts on Michigan sales or services. The annual tax would range from $1,000 for firms with a minimum of $350,000 in gross receipts to $1,000,000 for firms with gross receipts of $100 million or more. This is the plan that has been proposed by the Greater Detroit Regional Chamber of Commerce.
Referred to the Committee on Tax Policy
