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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Tuesday, December 04, 2007

Michigan MBT Surcharge Enacted, Credits Amended, Other Changes

Michigan Governor Jennifer Granholm has signed a bill (H.B. 5408) that adds an annual surcharge to the Michigan business tax (MBT) and repeals the use tax on services. The bill also makes changes to the compensation, investment, and research and development credits against the MBT and potential refunds if MBT collections exceed certain targets.........

CCH

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