Emergency-related state tax relief available for taxpayers located in two counties of Michigan impacted by severe weather.
Unitary Business Groups (UBGs)
Unitary Business Groups (UBGs)
Unitary Business Groups
For all Corporate Income Tax (CIT) purposes, all members of a Unitary Business Group (UBG) are defined as a single taxpayer, and for Research and Development (R&D) Tax Credit purposes, cannot file or claim the credit as separate entities.
Eligible CIT UBGs must base their credit calculations on the group’s combined values.