State Codes and Statutes
Statutes > Michigan > Chapter-206 > Act-281-of-1967 > 281-1967-3 > Section-206-119INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967
206.119 Payroll factor; determination.
Sec. 119.
The payroll factor is a fraction, the numerator of which is the total amount paid in this state during the tax period by the taxpayer for compensation, and the denominator of which is the total compensation paid everywhere during the tax period.
History: 1967, Act 281, Eff. Oct. 1, 1967
