State Codes and Statutes
Statutes > Michigan > Chapter-206 > Act-281-of-1967 > 281-1967-3 > Section-206-121INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967
206.121 Sales factor; determination.
Sec. 121.
The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax period, and the denominator of which is the total sales of the taxpayer everywhere during the tax period.
History: 1967, Act 281, Eff. Oct. 1, 1967
