HB4368 — Corporate income tax: credits; definitions for research and development tax credits; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 716.

HB4368 — Corporate income tax: credits; definitions for research and development tax credits; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 716. · Informed CitizenryThis bill amends the Income Tax Act of 1967 by adding section 716, which provides definitions for research and development (R&D) tax credits. It defines 'authorized business' as a flow-through enti…Open in Informed Citizenry