BHT&D Certified Public Accountants Blog

Is My Michigan Personal Property Exempt From Property Taxes?

Posted by Aric Salgat on Mon, Jan 19, 2015 @ 09:00 AM

Beginning January 1, 2014, all businesses in Michigan with a “true cash value” of taxable assets of less than $80,000, within each taxing jurisdiction, are exempt from personal property tax. 

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Tags: Michigan Personal Property Tax Exemption, Statewide Essential Services Assessment, PPT, EMPP, SESA, Business Tax