Treasury is reviewing the recently enacted tax law changes, including the new Marijuana Wholesale Tax. Developing clear and accurate information for tax stakeholders is our top priority. This guidance will be posted to our website in the coming weeks.
Corporate Tax Base 14. Is an entity that is treated as disregarded under the Internal Revenue Code for federal income tax purposes treated as disregarded for purposes of Michigan's Corporate Income Tax?
Yes, a person that is a disregarded entity for federal income tax purposes under the IRC is classified as a disregarded entity for purposes of the CIT. MCL 206.699. This applies to both domestic and foreign disregarded entities.