Skip Navigation
Michigan, Official Portal for the State of Michigan Home
close print view
  Corporate Income Tax
Credits 9. Who is considered an officer for purposes of the Small Business Alternative Credit under MCL 206.671?
Under MCL 206.671, an entity is disqualified from taking the small business alternative credit if more than $180,000 is paid to a shareholder or officer. "Officer" means an officer of a corporation, including a chairperson of the board; the president, vice president, treasurer, or secretary of the corporation or board; or any person performing similar duties. MCL 206.617(10)(g).

"Corporation" means a person "that is required or has elected to file as a C corporation as defined under section 1361(a)(2) and section 7701(a)(3) of the [IRC]." MCL 206.605(1).

Michigan Business One Stop
Link to Department and Agencies Web Site Index
Link to Statewide Online Services Index
Link to Statewide Web-based Surveys
Link to RSS feeds available on this site
FAQ Categories
 •  Index of Tax FAQ's
 •  Individual Income Tax
 •  Business Taxes
 •  1099-MISC Filing Requirements
 •  Collections/Delinquent Accounts
 •  Tax Increment Financing
 •  Service Fee/PILOT Housing
 •  State Real Estate Transfer Tax
 •  Native American
 •  Michigan Business Tax
 •  Status of Individual Refund
 •  Health Insurance Claims Assessment (HICA) Act
 •  Energy Home Improvement Credit
 •  Corporate Income Tax
QR code Home
PoliciesMichigan Survey

Copyright © 2014 State of Michigan