Sec. 476b. Authorized insurers are subject to the tax as provided in section 476a if applicable or the former single business tax act, 1975 PA 228, or the Michigan business tax act, 2007 PA 36, MCL 208.1101 to 208.1601, whichever is greater.
Mich. Comp. Laws § 500.476b
Taxes to which authorized insurer subject
Applied in 2 court decisions — leading case 237 Mich. App. 219 - Tig Insurance v. Department of Treasury (1999)
Most recently applied in 272 Mich. App. 269 - Prudential Property & Casualty Co. v. Department of Treasury (December 2006)
Add. 1987, Act 261, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.