Mich. Comp. Laws § 333.27962: Deduction of certain expenses from income.
Where this section sits in the code
- MI Code
- Chapter 333
- Act Initiated-Law-1-of-2018
Sec. 12.
In computing net income for marihuana establishments, deductions from state taxes are allowed for all the ordinary and necessary expenses paid or incurred during the taxable year in carrying out a trade or business.
Collected 2026-09-14T18:32:31Z. Source file · JSON