Michigan SB0117 repeals the personal income tax and amends the corporate income tax act.

Michigan SB0117 repeals the personal income tax and makes changes to the corporate income tax act. It repeals parts 1, 3, and 4 of the 1967 Michigan income tax act, which cover individual income tax rates, interest and penalties on unpaid taxes, exemptions, credits, and refunds, and other related provisions. The bill also amends section 601 of the act to clarify the citation as the "corporate income tax act.

Michigan SB0117 repeals the personal income tax and amends the corporate income tax act.

Michigan SB0117 repeals the personal income tax and makes changes to the corporate income tax act. It repeals parts 1, 3, and 4 of the 1967 Michigan income tax act, which cover individual income tax rates, interest and penalties on unpaid taxes, exemptions, credits, and refunds, and other related provisions. The bill also amends section 601 of the act to clarify the citation as the "corporate income tax act.