If any new form of taxation is adopted at the present session of the Michigan legislature, it is likely to be a low rate tax on intangible personal property. Several bills authorizing such a tax have been introduced at legislative sessions in the past, but public sentiment is probably more favorable now than at any other time. Just recently the Tax Study Commission, which was appointed last year by Governor Murphy, recommended that "appropriate legislation" be enacted for the imposition of a low rate tax on intangibles. It is the purpose in this article to analyze briefly some of the legal and administrative problems of taxing intangibles in Michigan.
Robert S. Ford,
SOME ASPECTS OF INTANGIBLES TAXATION IN MICHIGAN,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol37/iss6/4