2009 Senate Bill 123

Revise MBT gross receipts tax provision

Introduced in the Senate

Jan. 28, 2009

Introduced by Sen. Jud Gilbert (R-25)

To refine the definitions of “purchases from other firms” for purposes of calculating a business’s liability under the modified gross receipts tax component of the Michigan Business tax. The bill adds language stating that these excludable purchases include services purchased directly related to business activity, but excluding services performed by an employee or a subcontractor that are included in a construction project for which payments have been already excluded from gross receipts.

Referred to the Committee on Finance