Effective and competitive tax policy requires reasonable
and common sense answers to technical questions. The
new Corporate Income Tax (CIT) creates a simple, fair
and efficient tax policy for the future, but not all technical
questions can be addressed through the legislative process.
Some agency judgment will continue to be required in
developing regulations and policies for the CIT and other
existing taxes, including the Michigan Business Tax, sales
and use taxes and others. We ask the Department of
Treasury to work with the business community to address
technical uncertainty and the Legislature to enact clean-up
legislation where appropriate. Increased certainty in
Michigan tax policy improves the state’s business climate
and enhances the state’s competitiveness.