Skip to main content

Michigan Compiled Laws, Chapter 141. Municipal Financing § 141.627

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Sec. 27.  An estate or trust is not subject to tax under this ordinance, except that it shall be treated as a nonresident individual for purposes of section 11 of this ordinance   1 to the extent income of the estate or trust described in section 13   2 is not includible in the return of a resident individual as “income from estates and trusts”.  A resident individual shall include “income from estates and trusts” in his income subject to tax under this ordinance without regard to the situs of the estate or trust.  For this purpose, an “estate” means the estate of a deceased person during the period of administration or settlement and a “trust” means an inter vivos or testamentary trust created by an individual for the benefit of 1 or more persons.

1  M.C.L.A. § 141.611.
2  M.C.L.A. § 141.613.

Cite this article: - Michigan Compiled Laws, Chapter 141. Municipal Financing § 141.627 - last updated February 09, 2022 |

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard