April 7, 1958
Memorandum 192-6 (April 7, 1958) 4 pages
Taxation of Insurance Premiums
As a public service the Research Council prepared digests of staff reports to the Michigan State Tax Study Committee. This digest on the taxation of insurance premiums addresses how the tax developed and the treatment of foreign (based in other states) and domestic companies. It compares the Michigan tax to those levied in other states, examines the rationale for the tax, and analyzes the tax’s mechanics.