MCL - Section 206.639

INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967


206.639 Tax credit in amount equal to 50% of examination fees paid by insurance company.

Sec. 639.

    An insurance company shall be allowed a credit against the tax imposed under this chapter in an amount equal to 50% of the examination fees paid by the insurance company during the tax year pursuant to section 224 of the insurance code of 1956, 1956 PA 218, MCL 500.224.


History: Add. 2011, Act 38, Eff. Jan. 1, 2012