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§ 206.639 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  4. Chapter 206 - Income Tax Act of 1967act 281 of 1967 - Income Tax Act of 1967 (206.1 - 206.847)281-1967-4 -/
  5. Statute Act 281 of 1967/
  6. Division 281 1967 2/
  7. Division 281 1967 2 12/
  8. § 206.639
Michigan Legal Code

§ 206.639

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206.639 Tax credit in amount equal to 50% of examination fees paid by insurance company.Sec. 639. An insurance company shall be allowed a credit against the tax imposed under this chapter in an amount equal to 50% of the examination fees paid by the insurance company during the tax year pursuant to section 224 of the insurance code of 1956, 1956 PA 218, MCL 500.224. History: Add. 2011, Act 38, Eff. Jan. 1, 2012