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CORPORATE INCOME TAX, EFFECTIVE the CIT is Michigan  Form

CORPORATE INCOME TAX, EFFECTIVE the CIT is Michigan Form

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hello and welcome to icalculator's video series on U.S tax basics in this video we'll be focusing on the state of Iowa we will cover the state's history types of taxes with detailed explanations and the various tax exemptions available so you can make better informed financial decisions for yourself or your business Michigan also known as the Great Lakes State was founded in 1837 as the 26th state in the United States the state's main industries include manufacturing Agriculture and tourism its unique cultural and economic features include being home to the great lakes and being a leader in the automotive industry in terms of tax related historical events in 2011 Michigan implemented a tax reform package that eliminated the Michigan business tax and replaced it with a new corporate income tax it's important to understand the various taxes and tax exemptions so you can make better informed financial decisions for yourself or your business first le

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