Michigan § 484.160 - Annual tax; in lieu of other state taxes.
Full text of Michigan Michigan Compiled Laws § 484.160 — Annual tax; in lieu of other state taxes., with citation guidance and answers to common questions.
§ 484.160. Annual tax; in lieu of other state taxes.
All corporations formed under this act shall pay to the treasurer of the state of Michigan an annual tax of 1 per-centum on the whole amount of capital actually paid in, and any investment of the earnings of any such company in their business, shall be considered as so much capital paid in; also, upon all sums of money at any time borrowed by any such company and then remaining unpaid in whole or in part; which tax shall be paid on the first Monday of February in each year, and shall be estimated upon the report of such company for that year, made as required by section 9 of this act; and such tax shall be in lieu of all state taxes upon the real and personal estate of such company.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 484.160
What does Michigan Compiled Laws § 484.160 cover?
Section 484.160 ("Annual tax; in lieu of other state taxes.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 484.160?
A common citation format is "Michigan Compiled Laws § 484.160" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 484.160 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.