Michigan Compiled Laws, Chapter 208. Business Tax § 208.1405

Sec. 405. For the 2008 tax year, a taxpayer may claim a credit against the tax imposed by this act equal to 1.52% of the taxpayer's research and development expenses in this state in the tax year. For the 2009 tax year and each tax year after 2009, a taxpayer may claim a credit against the tax imposed by this act equal to 1.90% of the taxpayer's research and development expenses in this state in the tax year. The credit under this section combined with the total combined credit allowed under section 403  1 shall not exceed 65% of the tax liability imposed under this act before the imposition and levy of the surcharge under section 281.  2 As used in this section, “research and development expenses” means qualified research expenses as that term is defined in section 41(b) of the internal revenue code.  3