Michigan Compiled Laws — Tax Chapters 205-208, 211

MCL 205.54j — Sale of tangible personal property for use in qualified business activity of purchaser; definition

(1) A sale of tangible personal property used in a qualified business activity of the purchaser is exempt from the tax under this act.
(2) As used in this section, "qualified business activity" means that term as defined in the enterprise zone act, 1985 PA 224, MCL 125.2101 to 125.2123.

Last amended: History: Add. 1985, Act 225, Imd. Eff. Jan. 13, 1986 ;-- Am. 1999, Act 116 , Imd. Eff. July 14, 1999 ;-- Am. 2004, Act 173 , Eff. Sept. 1, 2004 Compiler's Notes: Enacting section 2 of Act 116 of 1999 provides:“Enacting section 2. This amendatory act clarifies that, with the exception of telecommunications equipment taxed under section 3a of the use tax act, 1937 PA 94, MCL 205.93a, a taxpayer may exclude a sale of tangible personal property from gross proceeds only to the extent that the propert

Source: official text