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Since the early 1970s, further business tax reductions have been made in every legislative session with significant benefits for all businesses operating in Michigan. In short, Michigan's business taxes are among the lowest in the US.
Corporate Income Tax Base Rate
Value Added 1.9% Single Business Tax
Sales Tax State Rate Local Option
6% No
Personal Income Tax Rate
3.9%
Unemployment Compensation Base Rate New Employers
$9,000 0.1% - 8.1% 2.7% generally
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