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Contact Information:
Edward S. Kisscorni, CPA
290 Suncrest Court, SW
Grandville, MI 49418

Office: 616/233-0667
Cell: 616/443-6730
Fax: 616/233-0667




Sunday, January 15 2012

Equipment Used to Generate Electricity is Excluded

Public Act 316 of 2011 (H.B. 5066), effective December 31, 2011 changes the definition of "eligible personal property" for the personal property taxes paid credit that may be claimed against the Michigan Business Tax.  The definition excludes turbines powered by gas, steam, nuclear energy, coal or oil, the primary purpose of which is the generation of electricity for sale.

Posted by: Ed Kisscorni AT 01:43 pm   |  Permalink   |  0 Comments  |  Email

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