HB5008 — Individual income tax: deductions; federal deduction for certain outsourcing expenses; add back. Amends sec. 623 of 1967 PA 281 (MCL 206.623).

HB5008 — Individual income tax: deductions; federal deduction for certain outsourcing expenses; add back. Amends sec. 623 of 1967 PA 281 (MCL 206.623). · Informed CitizenryHouse Bill 5008 proposes to amend the Income Tax Act of 1967 by modifying the corporate income tax base. Specifically, it amends section 623 to include a provision that adds back 'specified outsour…Open in Informed Citizenry