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Michigan Department of Treasury Attachment 10
4572 (Rev. 04-22)

2022 MICHIGAN Business Tax Charitable Contribution Credits
Issued under authority of Public Act 36 of 2007.

Taxpayer Name Federal Employer Identification Number (FEIN) or TR Number

1. Tax liability prior to this credit from Form 4568, line 9 ................................................................................. 1. 00

COMMUNITY AND EDUCATION FOUNDATIONS CREDIT
If not claiming the Community or Education Foundations Credit, carry amount from line 1 to line 6.
Code 1 Code 2
2. Enter Community and/or Education Foundation Code(s) (see instructions) ........ 2.
3. Community and Education Foundations donation amount .......................................................................... 3. 00
4. Multiply line 3 by 50% (0.50) ....................................................................................................................... 4. 00
5. Community and Education Foundations Credit. Enter the lesser of line 4, $5,000, or 5% (0.05) of
the tax on Form 4567, line 53. Carry amount to Form 4568, line 10 .......................................................... 5. 00
6. Tax After Community and Education Foundations Credit. Subtract line 5 from line 1. If less than zero,
enter zero ................................................................................................................................................... 6. 00

HOMELESS SHELTER/FOOD BANK CREDIT
If not claiming the Homeless Shelter/Food Bank Credit, carry amount from line 6 to line 10.
7. Homeless Shelter/Food Bank cash donation amount ................................................................................. 7. 00
8. Multiply line 7 by 50% (0.50) ....................................................................................................................... 8. 00
9. Homeless Shelter/Food Bank Credit. Enter the lesser of line 8, $5,000, or 5% (0.05) of the tax on
Form 4567, line 53. Carry amount to Form 4568, line 11 ........................................................................... 9. 00
10. Tax After Homeless Shelter/Food Bank Credit. Subtract line 9 from line 6. If less than zero, enter zero.
(This line must be equal to Form 4568, line 12.) ......................................................................................... 10. 00

PUBLIC CONTRIBUTION CREDIT
If not claiming the Public Contribution Credit, complete line 11 and carry amount to line 15.
11. Enter tax amount from Form 4568, line 16 .................................................................................................. 11. 00
12. Public Contribution donation amount........................................................................................................... 12. 00
13. Multiply line 12 by 50% (0.50) ..................................................................................................................... 13. 00
14. Public Contribution Credit. Enter the lesser of line 13, $5,000, or 5% (0.05) of line 11.
Carry amount to Form 4568, line 17 ............................................................................................................ 14. 00
15. Tax After Public Contribution Credit. Subtract line 14 from line 11. If less than zero, enter zero ................ 15. 00

ARTS AND CULTURE CREDIT
If not claiming the Arts and Culture Credit, carry amount from line 15 to line 20.
16. Arts and Culture donation amount (see instructions) .................................................................................. 16. 00
17. Qualified donation amount. Subtract $50,000 from line 16. If less than zero, enter zero ............................ 17. 00
18. Multiply line 17 by 50% (0.50) ..................................................................................................................... 18. 00
19. Arts and Culture Credit. Enter the lesser of line 18, $100,000, or the tax from line 15.
Carry amount to Form 4568, line 18 ............................................................................................................ 19. 00
20. Tax After Arts and Culture Credit. Subtract line 19 from line 15. If less than zero, enter zero.
(This line must be equal to Form 4568, line 19.) ......................................................................................... 20. 00

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                                            Instructions for Form 4572 
                Michigan Business Tax (MBT) Charitable Contribution Credits
                                                                         donations are made during the taxable year to public broadcast 
Purpose 
                                                                         stations  located  in  Michigan,  Michigan  public  libraries, 
To allow standard taxpayers to claim the charitable contribution         institutions of higher learning located in Michigan or a nonprofit 
credits. Credits are calculated here and then carried to the MBT         corporation,  fund,  foundation,  trust,  or  association  organized 
Nonrefundable Credits Summary (Form 4568).                               and  operated  exclusively  for  the  benefit  of  an  institution  of 
                                                                         higher  learning,  the  Michigan  Colleges  Foundation,  and  the 
NOTE: Financial institutions and insurance companies are not 
                                                                         Michigan  Housing  and  Community  Development  Fund.  A 
eligible for these credits.
                                                                         taxpayer  that  also  is  subject  to  the  Michigan  Income  Tax  Act 
NOTE:  Beginning  January  1,  2012,  only  those  taxpayers             (PA 281 of 1967) may not claim this credit under the MBT.
with  a  certificated  credit,  which  is  awarded  but  not  yet  fully 
claimed  or  utilized,  may  elect  to  be  MBT  taxpayers.  If  a       ARTS AND CULTURE CREDIT
taxpayer files an MBT return and claims a certificated credit,           A partial credit is allowed when donations are made to either of 
the taxpayer makes the election to file and pay under the MBT            the following:
until the certificated credit and any carryforward of that credit        • Category A:  A  municipality  or  a  nonprofit  corporation 
are  exhausted.  A  taxpayer  making  a  valid  certificated  credit       affiliated  with  a  municipality  and  an  art,  historical,  or 
election may also claim the credits on this form.                          zoological  institute  for  the  purpose  of  benefiting  the  art, 
                                                                           historical, or zoological institute, OR 
Special Instructions for Unitary Business Groups
                                                                         • Category B: An institute devoted to the procurement, care, 
Credits  are  generally  earned  and  calculated  on  a  group  basis,     study, and display of objects of lasting interest or value. 
unless  the  relevant  statute  contains  entity-specific  provisions. 
These  credits,  including  the  ceilings  on  these  credits,  are      To calculate the Arts and Culture Credit, a taxpayer may count 
calculated on a group basis.                                             aggregate  contributions  to  the  charities  described  in  Category 
                                                                         A  above  if  those  contributions  exceed  $50,000,  as  well  as 
Complete one Form 4572 for the group.                                    aggregate contributions to charities described in Category B if 
                                                                         those contributions exceed $50,000. A taxpayer is not precluded 
Line-by-Line Instructions
                                                                         from taking the credit for donations made to both categories as 
Lines not listed are explained on the form.                              long as the taxpayer meets the minimum donation separately for 
Name and Account Number: Enter name and account number                   each category and does not exceed the overall credit limitation of 
as reported on page 1 of the MBT Annual Return (Form 4567).              $100,000. 
                                                                         Contributions  within  a  category  may  be  aggregated  to  reach 
Credits                                                                  the  $50,000  minimum.  However,  contributions  made  to  one 
COMMUNITY AND EDUCATION FOUNDATIONS CREDIT                               category may not be aggregated with contributions to the other 
A  partial  credit  is  allowed  when  donating  to  the  endowment      to reach the $50,000 minimum.
fund  of  a  certified  community  foundation  or  education             Line  16: Use  the  worksheet  below  to  calculate  the  donation 
foundation.  A  list  of  certified  foundations,  if  applicable,  will amount.
be  posted  as  a  Revenue  Administrative  Bulletin  found  online 
                                                                         If aggregate contributions to Category A institutions 
at www.michigan.gov/treasury  under  “Reports  and  Legal                exceed $50,000, enter that aggregate amount here
Resources.” If a valid code is not entered, a credit will not be 
allowed. If donations were made to more than two foundations,            If aggregate contributions to Category B institutions   +
attach a list referencing the additional foundations.                    exceed $50,000, enter that aggregate amount here
                                                                                                                                 =
HOMELESS SHELTER/FOOD BANK CREDIT                                        TOTAL Arts and Culture donation amount .................
A partial credit is allowed when making a cash donation to a 
qualifying  shelter  for  homeless  persons,  food  kitchen,  food 
bank,  or  other  entity  whose  primary  purpose  is  to  provide       Include completed Form 4572 as part of the tax return filing.
overnight accommodations, food, or meals to indigent persons. 
For more information, see Michigan Compiled Law 208.1427, 
found online at www.legislature.mi.gov. 
PUBLIC CONTRIBUTION CREDIT
A  partial  credit  is  allowed  for  Corporations  and  Partnerships 
(and Limited Liability Companies federally taxed as such) when 

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Michigan Department of Treasury                                                                                                                                                  Attachment 11
4573 (Rev. 04-22), Page 1 of 3

2022 MICHIGAN Business Tax Miscellaneous Nonrefundable Credits
Issued under authority of Public Act 36 of 2007.

Taxpayer Name                                                                                      Federal Employer Identification Number (FEIN) or TR Number

PART 1 - If not taking any credits in Part 1, skip to Part 2.
This credit is no longer available. - Skip to line 7.
 1. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               1.  X X X X X X X X 00
 2. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               2.  X X X X X X X X 00

 3. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               3.  X X X X X X X X 00
This credit is no longer available. - Skip to line 7. 
 4. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               4.  X X X X X X X X 00
 5. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               5.  X X X X X X X X 00
 6. This credit is no longer available. Leave this line blank and skip to line 7..............................................................                               6.  X X X X X X X X 00
START-UP BUSINESS CREDIT
 7.  Start-Up Business Credit (attach MEDC Certificate) ..............................................................................................                       7.                  00
 8. Recapture of Start-Up Business Credit ..................................................................................................................                 8.                  00
 9.  Start-Up Business Credit. Subtract line 8 from line 7. Carry to Form 4568, line 15. If less than zero, enter as 
     a negative number ..................................................................................................................................................    9.                  00

PART 2 
10.  Tax from Form 4568, line 19 ...................................................................................................................................         10.                 00
NEXT ENERGY BUSINESS ACTIVITY CREDIT. If not claiming, carry amount from line 10 to line 13.
 11. Next Energy Business Activity Credit (attach MEDC Certificate) ...........................................................................                              11.                 00
12.  Next Energy Business Activity Credit. Enter the lesser of line 10 or 11. Carry amount to Form 4568, line 20 ....                                                        12.                 00
13.  Tax After Next Energy Business Activity Credit. Subtract line 12 from line 10........................................................                                   13.                 00
RENAISSANCE ZONE CREDIT. If not claiming, carry amount from line 13 to line 15.
If claiming, complete and include the Renaissance Zone Credit Schedule, Form 4595.
14.  Renaissance Zone Credit. Amount from Form 4595, line 25b. Carry amount to Form 4568, line 21 ...................                                                        14.                 00
15.  Tax After Renaissance Zone Credit. Subtract line 14 from line 13. If less than zero, enter zero ...........................                                             15.                 00
HISTORIC PRESERVATION CREDIT. If not claiming, carry amount from line 15 to line 18.
16.  Historic Preservation Credit from Form 4584, line 28 .........................................................................................                          16.                 00
17a. Recapture of Historic Preservation Tax Credit from Form 4584, line 2 .................................................................. 17a.                                                00
17b. Historic Preservation Credit Net of Recapture. Subtract line 17a from line 16.  
     If less than zero, enter as a negative number. Carry to Form 4568, line 22 ......... 17b.               00
18.  Tax After Historic Preservation Credit. Subtract line 16 from line 15 and add line 17a ..........................................                                       18.                 00
LOW-GRADE HEMATITE CREDIT. If not claiming, carry amount from line 18 to line 23.
19.  Current Year Credit. Multiply $1.00 by number of long tons of qualified low-grade hematite used ........................                                                19.                 00
20.  Unused credit from previous period MBT return .....................................................................................................                     20.                 00
21.  Total Available Credit. Add lines 19 and 20 ............................................................................................................                21.                 00
22.  Low-Grade Hematite Credit. Enter the lesser of line 18 or line 21. Carry amount to Form 4568, line 23 ............                                                      22.                 00
23.  Tax After Low-Grade Hematite Credit. Subtract line 22 from line 18 ......................................................................                               23.                 00
24.  Credit Carryforward. If line 21 is greater than line 18, enter the difference ........... 24.           00
NEW MOTOR VEHICLE DEALER INVENTORY CREDIT. If not claiming, carry amount from line 23 to line 28.
25.  Amount paid to acquire new motor vehicle inventory in the tax year .....................................................................                                25.                 00
26.  Multiply line 25 by 0.25% (0.0025) .........................................................................................................................            26.                 00
27.  New Motor Vehicle Dealer Inventory Credit. Enter lesser of line 23 or line 26. Carry amount to 
     Form 4568, line 24..................................................................................................................................................    27.                 00
28.  Tax After New Motor Vehicle Dealer Inventory Credit. Subtract line 27 from line 23. If less than zero,  
     enter zero ............................................................................................................................................................ 28.                 00

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2022 Form 4573, Page 2 of 3 FEIN or TR Number:

LARGE FOOD RETAILER CREDIT. If not claiming, carry amount from line 28 to line 32.
29. Michigan compensation .......................................................................................................................................... 29. 00
30. Multiply line 29 by 1% (0.01) .................................................................................................................................. 30. 00
31. Large Food Retailer Credit. Enter lesser of line 28, line 30, or $8,500,000. Carry amount to Form 4568, line 25 ..... 31. 00
32. Tax After Large Food Retailer Credit. Subtract line 31 from line 28. If less than zero, enter zero .......................... 32. 00
MID-SIZE FOOD RETAILER CREDIT. If not claiming, carry amount from line 32 to line 36.
33. Michigan compensation .......................................................................................................................................... 33. 00
34. Multiply line 33 by 0.125% (0.00125) ..................................................................................................................... 34. 00
35. Mid-size Food Retailer Credit. Enter lesser of line 32, line 34, or $300,000. Carry amount to Form 4568, line 26 .... 35. 00
36. Tax After Mid-size Food Retailer Credit. Subtract line 35 from line 32. If less than zero, enter zero...................... 36. 00
BOTTLE DEPOSIT ADMINISTRATION CREDIT. If not claiming, carry amount from line 36 to line 40.
37. Expenses incurred in compliance with MCL 445.571 - 445.576 ............................................................................. 37. 00
38. Multiply line 37 by 30.5% (0.305) ........................................................................................................................... 38. 00
39. Bottle Deposit Administration Credit. Enter the lesser of line 36 or 38. Carry amount to Form 4568, line 27 ..... 39. 00
40. Tax After Bottle Deposit Administration Credit. Subtract line 39 from line 36. If less than zero, enter zero ........... 40. 00
MEGA FEDERAL CONTRACT CREDIT. If not claiming, carry amount from line 40 to line 42.
41. MEGA Federal Contract Credit from Form 4584, line 37. Carry amount to Form 4568, line 28 .......................... 41. 00
42. Tax After MEGA Federal Contract Credit. Subtract line 41 from line 40. If less than zero, enter zero ................... 42. 00
INDIVIDUAL OR FAMILY DEVELOPMENT ACCOUNT CREDIT. If not claiming, carry amount from line 42 to line 48.
43. Contribution amount from MSHDA certificate (attach)............................................................................................ 43. 00
44. Current Individual or Family Development Account (IFDA) Credit. Multiply amount on line 43 by 75% (0.75) ...... 44. 00
45. Unused credit from previous period MBT return ..................................................................................................... 45. 00
46. Total Available Credit. Add lines 44 and 45 ............................................................................................................ 46. 00
47. IFDA Credit. Enter the lesser of line 42 or 46. Carry to Form 4568, line 29 .......................................................... 47. 00
48. Tax After IFDA Credit. Subtract line 47 from line 42. If less than zero, enter zero.................................................. 48. 00
49. Credit Carryforward. If line 46 is greater than line 42, enter the difference ...... 49. 00
BONUS DEPRECIATION CREDIT UNUSED CARRYFORWARD. If not claiming, carry amount from line 48 to line 52.
50. Unused credit from previous MBT return ................................................................................................................ 50. 00
51. Bonus Depreciation Credit. Enter the lesser of line 48 or line 50. Carry to Form 4568, line 30 .......................... 51. 00
52. Tax After Bonus Depreciation Credit. Subtract line 51 from line 48. If less than zero, enter zero ............................ 52. 00
53. Credit Carryforward. If line 50 is greater than line 48, enter the difference ...... 53. 00
INTERNATIONAL AUTO SHOW CREDIT. If not claiming, carry amount from line 52 to line 55.
54. International Auto Show Credit. Enter the lesser of line 52 or $250,000. Carry to Form 4568, line 31 .............. 54. 00
55. Tax After International Auto Show Credit. Subtract line 54 from line 52 ................................................................. 55. 00
BROWNFIELD REDEVELOPMENT CREDIT. If not claiming, carry amount from line 55 to line 57.
56. Brownfield Redevelopment Credit from Form 4584, line 55. Carry amount to Form 4568, line 32 ............................. 56. 00
57. Tax After Brownfield Redevelopment Credit. Subtract line 56 from line 55. If less than zero, enter zero ........................ 57. 00
PRIVATE EQUITY FUND CREDIT. If not claiming, carry amount from line 57 to line 62.
58. Total activity of fund manager conducted in Michigan in the tax year .................................................................... 58. 00
59. Total activity of fund manager conducted everywhere in the tax year .................................................................... 59. 00
60. Credit percentage. Divide line 58 by line 59 ........................................................................................................... 60. %
61. Private Equity Fund Credit. Multiply line 57 by line 60. Carry amount to Form 4568, line 33 ............................. 61. 00
62. Tax After Private Equity Fund Credit. Subtract line 61 from line 57. If less than zero, enter zero .......................... 62. 00
FILM JOB TRAINING CREDIT. If not claiming, carry amount from line 62 to line 67.
63. Amount from Qualified Job Training Expenditure Certificate provided by Michigan Film Office (attach) ............... 63. 00
64. Unused credit from previous period MBT return ..................................................................................................... 64. 00
65. Total Available Credit. Add lines 63 and 64 ............................................................................................................ 65. 00
66. Film Job Training Credit. Enter the lesser of line 62 or line 65. Carry amount to Form 4568, line 34 ................. 66. 00
67. Tax After Film Job Training Credit. Subtract line 66 from line 62. If less than zero, enter zero .............................. 67. 00
68. Credit Carryforward. If line 65 is greater than line 62, enter the difference ...... 68. 00

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2022 Form 4573, Page 3 of 3 FEIN or TR Number:

FILM INFRASTRUCTURE CREDIT. If not claiming, carry amount from line 67 to line 73.
69. Amount from Investment Expenditure Certificate provided by MI Film Office (attach) or assigned credit amount . 69. 00
70. Unused credit from previous period MBT return ..................................................................................................... 70. 00
71. Total Available Credit. Add lines 69 and 70 ............................................................................................................ 71. 00
72. Film Infrastructure Credit. Enter the lesser of line 67 or line 71. Carry amount to Form 4568, line 35 ............... 72. 00
73. Tax After Film Infrastructure Credit. Subtract line 72 from line 67. If less than zero, enter zero............................. 73. 00
74. Credit Carryforward. If line 71 is greater than line 67, enter the difference ...... 74. 00
MEGA PLUG-IN TRACTION BATTERY MANUFACTURING CREDIT. If not claiming, carry amount from line 73 to line 76.
75. MEGA Plug-In Traction Battery Manufacturing Credit from Form 4584, line 64. Carry amount to Form 4568,
line 36 ..................................................................................................................................................................... 75. 00
76. Tax After MEGA Plug-In Traction Battery Manufacturing Credit. Subtract line 75 from line 73. If less than zero,
enter zero ............................................................................................................................................................... 76. 00
ANCHOR COMPANY PAYROLL CREDIT. If not claiming, carry amount from line 76 to line 78.
77. Anchor Company Payroll Credit from Form 4584, line 72. Carry amount to Form 4568, line 37 ....................... 77. 00
78. Tax After Anchor Company Payroll Credit. Subtract line 77 from line 76. If less than zero, enter zero .................. 78. 00
ANCHOR COMPANY TAXABLE VALUE CREDIT. If not claiming, carry amount from line 78 to line 80.
79. Anchor Company Taxable Value Credit from Form 4584, line 80. Carry amount to Form 4568, line 38 ............ 79. 00
80. Tax After Anchor Company Taxable Value Credit. Subtract line 79 from line 78. If less than zero, enter zero ....... 80. 00
MEGA POLY-SILICON ENERGY COST CREDIT AND MISCELLANEOUS MEGA BATTERY CREDITS.
If not claiming, carry amount from line 80 to line 82.
81. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credits from Form 4584,
line 88. Carry amount to Form 4568, line 39 ............................................................................................................... 81. 00
82. Tax After Miscellaneous MEGA Battery Credit. Subtract line 81 from line 80. If less than zero, enter zero ........... 82. 00

+ 0000 2022 35 03 27 7

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                                           Instructions for Form 4573 
        Michigan Business Tax (MBT) Miscellaneous Nonrefundable Credits
Purpose                                                               To the extent that a qualified taxpayer earning the Brownfield 
                                                                      Redevelopment  Credit  or  Historic  Preservation  Credit  is 
To  allow  standard  taxpayers  to  claim  certain  miscellaneous     included  within  a  UBG  taxpayer  for  relevant  tax  years, 
nonrefundable      credits.   Generally, credits and   any            the  qualified  taxpayer’s  unused  pre-2008  Brownfield 
carryforwards  allowed  are  calculated  here  and  then  carried     Redevelopment  Credit  and/or  Historic  Preservation  Credit 
to  the MBT Nonrefundable Credits Summary  (Form  4568).              (that  is,  such  credits  earned  under  the  Single  Business  Tax 
Review  the  descriptions  carefully  before  claiming  a  credit  as (SBT))  may  be  applied  against  the  tax  liability  imposed  on 
there are strict eligibility requirements. Follow the instructions    the entire UBG taxpayer (of which the qualified taxpayer is a 
on the form for each credit.                                          member) for the tax years the carryforward would have been 
NOTE: This form may also be used by financial institutions to         available under SBT. These carryforwards are claimed on the 
claim a limited number of credits:                                    MBT Single Business Tax Credit Carryforwards (Form 4569).
• Renaissance Zone Credit                                             Find additional information on calculating credit carryforwards 
• Historic Preservation Credit                                        in  the  “Supplemental  Instructions  for  Standard  Members 
                                                                      in  UBGs”  section  in  the MBT Forms and Instructions for 
• Individual or Family Development Account Credit
                                                                      Standard Taxpayers (Form 4600).
• Brownfield Redevelopment Credit
• Assigned Film Infrastructure Credit.                                Line-by-Line Instructions
Insurance  companies  use  the     Miscellaneous Credits for 
                                                                      Lines not listed are explained on the form.
Insurance Companies (Form 4596) to claim credits for which 
they are eligible.                                                    Name and Account Number:    Enter name and account number 
                                                                      as  reported  on  page  1  of  the  applicable  MBT  annual  return 
NOTE: Beginning January 1, 2012, only those taxpayers with 
                                                                      (either  the MBT Annual Return  (Form  4567)  for  standard 
a certificated credit, which is awarded but not yet fully claimed 
                                                                      taxpayers or the MBT Annual Return for Financial Institutions 
or utilized, may elect to be MBT taxpayers.
                                                                      (Form 4590)).
Fiscal  Year  Filers: All  credits must  be  calculated using 
                                                                      UBGs: Complete one form for the group. Enter the DM’s name 
actual numbers from the period included on this return. For 
                                                                      and account number.
more information, see “Supplemental Instructions for Standard 
Fiscal  MBT  Filers”  in  the MBT Forms and Instructions for          UBG NOTE: If the eligible taxpayer is a member of a UBG, 
Standard Taxpayers (Form 4600).                                       a  pro  forma  calculation  must  be  performed  to  determine  the 
                                                                      tax liability of the eligible taxpayer prior to this credit. Where 
Special Instructions for Unitary Business                             a  pro  forma  calculation  is  required,  the  underlying  objective 
Groups                                                                is  to  determine  what  the  tax  liability  of  the  UBG  member 
                                                                      generating the credit would have been if that member was not 
Credits are earned and calculated on either an entity-specific or 
                                                                      included in the UBG. Therefore, the UBG member generating 
group basis, as determined by the relevant statutory provisions 
                                                                      the credit must calculate its pro forma tax liability as if it was 
for  the  respective  credits.  Intercompany  transactions  are  not 
                                                                      a singular, stand alone taxpayer in all aspects. This supporting 
eliminated for the calculation of most credits. Credits earned or 
                                                                      calculation should be provided in a statement attached to this 
calculated on either an entity-specific or group basis by Unitary 
                                                                      form. However, this calculation should never be transferred to a 
Business Group (UBG) members are generally applied against 
                                                                      Form 4567 or displayed as such.
the  tax  liability  of  the  UBG,  unless  otherwise  specified  by 
statute or these instructions.                                        PART 1
Entity-specific provisions are applied on a member-by-member          If not taking any credits in Part 1, skip to Part 2. 
basis  and  are  addressed  in  the  “Line-by-Line  Instructions.”    Lines 1-3:  For  tax  years  ending  after  December  31,  2016,  the 
In none of these cases does a taxpayer that is a UBG take the         NASCAR Speedway Credit is no longer available.
organization type of its parent, Designated Member (DM), or 
any other member of the UBG. A UBG taxpayer will not be               Lines 4-6:  For  tax  years  ending  after  December  31,  2012,  the 
attributed an organization type based on the composition of its       NASCAR Stadium Credit is no longer available.
members.
                                                                      Start-Up Business Credit 
If  any  member  of  the  UBG  is  eligible  for  an  entity-specific The  Start-Up  Business  Credit  provides  a  credit  for  small, 
credit, a statement must be attached to the form identifying the      relatively  new  taxpayers  with  substantial  research  and 
eligible member and any information requested for the credit.         development  activity.  For  a  qualified  taxpayer,  the  credit  is 
If  more  than  one  member  is  eligible,  requested  information    equal to the taxpayer’s MBT liability for the year. To qualify, a 
should be provided in the statement on a per member basis. The        taxpayer must apply to and obtain annual certification from the 
total  amount  from  all  eligible  members  should  be  entered  on  Michigan  Economic  Development  Corporation  (MEDC),  and 
each corresponding line on the form.                                  attach that certificate to its MBT return. For an application form 

                                                                                                                           73

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or additional information, call the MEDC at (517) 373-9808.             UBGs:  See  guidance  on  pro  forma  calculations  in  the  UBG 
                                                                        note earlier in these instructions.
For  the  tax  year  for  which  a  Start-Up  Business  Credit  is 
claimed,  compensation,  director  fees,  or  distributive  shares      Line  8: Enter any recapture of Start-Up Business Credit.
paid by the taxpayer to any one of the following cannot exceed 
$135,000:                                                               NOTE:  A  company  claiming  the  Start-Up  Business  Credit 
                                                                        under either MBT or SBT must pay back a portion of the credit 
• A  shareholder  of  a  C  Corporation  or  S  Corporation.            if they have no business activity in Michigan and have business 
  Shareholder means a person who owns outstanding stock in              activity  outside  of  Michigan  within  three  years  after  the  last 
  a business or is a member of a business entity (for example,          tax year in which the credit was taken. The following amounts 
  an  LLC)  that  files  as  a  corporation  for  federal  income  tax  must be added to the tax liability:
  purposes. All members of a shareholder’s family, as defined 
  by  Internal  Revenue  Code  (IRC)  §  318(a)(1),  that  receive      • 100 percent of the total of all credits claimed if the move is 
  compensation from the business are considered shareholders.             within the first tax year after the last tax year for which a 
                                                                          credit is claimed.
• An officer of a C Corporation. 
                                                                        • 67 percent of the total of all credits claimed if the move is 
• A partner of a Partnership or Limited Liability Partnership.            within the second tax year after the last tax year for which a 
• A member of a Limited Liability Company (LLC).                          credit is claimed.
• An Individual who is an owner.                                        • 33 percent of the total of all credits claimed if the move is 
                                                                          within the third tax year after the last tax year for which a 
Officer  means  an  officer  of  a  corporation  other  than  a           credit is claimed.
subchapter  S  corporation,  including  all  of  the  following: 
(a)  The  chairperson  of  the  board,  (b)  The  president,  vice      PART 2 
president,  secretary,  or  treasurer  of  the  corporation  or  board, Next Energy Business Activity Credit 
(c)  Persons  performing  similar  duties  and  responsibilities  to 
                                                                        The  Next  Energy  Business  Activity  Credit  allows  an  eligible 
persons described in subdivisions (a) and (b) that include, at a 
                                                                        taxpayer to claim a credit for certain qualified business activity 
minimum, major decision making.
                                                                        if certified under the Michigan Next Energy Authority Act.
Corporations  (and  LLCs  federally  taxed  as  such)  must  report 
                                                                        Qualified  business  activity  is  research,  development,  or 
compensation  and  director  fees  of  shareholders  and  (if  a  C 
                                                                        manufacturing  of  an  alternative  energy  marine  propulsion 
Corporation)  officers  on  the MBT Schedule of Shareholders 
                                                                        system,  an  alternative  energy  system,  an  alternative  energy 
and Officers (Form 4577) and include it as part of the return. 
                                                                        vehicle,  alternative  energy  technology,  or  renewable  fuel  (as 
Partnerships  (and  LLCs  federally  taxed  as  such)  must  report 
                                                                        defined in the Michigan Next Energy Authority Act). 
distributive shares to partners on the MBT Schedule of Partners 
(Form 4578) and include it as part of the return.                       Line  11: Attach the certificate issued by MEDC for this credit 
                                                                        to  the  return  to  substantiate  a  claim.  (If  the  certificate  is  not 
A taxpayer that meets the criteria and that is a qualified start-up 
                                                                        attached, the credit will be disallowed.)
business that does not have business income for two consecutive 
tax  years  may  claim  a  credit  against  the  tax  imposed  for  the UBGs:  If  the  eligible  taxpayer  is  a  member  of  a  UBG,  the 
second of those two consecutive tax years and each immediately          eligible member’s calculated pro forma liability (not the group’s 
following consecutive tax year in which the taxpayer does not           liability) must be used to determine the credit amount certified 
have business income. For the purposes of this credit, business         by  the  MEDC.  This  supporting  pro  forma  calculation  should 
income excludes funds received from small business innovation           be provided in a statement attached to this form. See guidance 
research grants and small business technology transfer programs         on  pro  forma  calculations  in  the  UBG  note  earlier  in  these 
established  under  the  Small  Business  Innovation  Development       instructions.
Act  of  1982,  Public  Law  97-219,  reauthorized  under  the  Small   For more information, call the MEDC at (517) 373-9808 or visit 
Business Research and Development Enhancement Act, Public               the MEDC Web site at http://www.michiganadvantage.org/.
Law  102-564,  and  subsequently  reauthorized  under  the  Small 
Business Reauthorization Act of 2000, Public Law 106-554.               Renaissance Zone Credit 
A  Start-Up  Business  Credit  cannot  be  claimed  for  more  than     The  Renaissance  Zone  Credit  encourages  businesses  and 
a  total  of  five  tax  years  including  the  number  of  years  the  individuals to help revitalize a designated Zone. 
taxpayer was eligible to claim the credit under SBT.                    Line  14:  Complete  and  include  the MBT Renaissance Zone 
UBGs:   If  the  eligible  taxpayer  is  a  member  of  a  UBG,  this   Credit Schedule (Form 4595) to claim this credit.
credit is based on the eligible member’s business activity only.        NOTE the changed instructions for certain taxpayers for line 
This  credit  amount  is  limited  to  the  pro  forma  tax  liability  24 of Form 4595.
calculated  for  the  eligible  taxpayer  for  that  tax  year.  The 
resulting credit amount is then applied towards the UBG’s tax           If  located  in  more  than  one  zone,  complete  and  include  a 
liability for that tax year.                                            separate  Form  4595  for  each  zone.  Add  line  25b  from  each 
                                                                        Form 4595 and enter the sum on line 14 of Form 4573. 
Line  7: Enter the tax liability from Form 4568, line 12, or the 
eligible member’s pro forma liability if part of a UBG. Attach          NOTE:   Beginning  January  1,  2012,  certain  renaissance  zone 
supporting MEDC Certification Letter.                                   credits  are  available  as  a  certificated  credit.  A  certificated 
                                                                        renaissance  zone  credit  must  be  claimed  beginning  with  the 

74

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taxpayer’s first tax year ending after December 31, 2011, in production of pig iron or steel, that is the business activity of
order for the taxpayer to remain taxable under the MBT and the taxpayer. If the credit exceeds the tax liability, the excess
claim the credit. may be carried forward for five years.
For more information see Form 4595. UBGs: The credit is calculated from the aggregate tonnage
of qualified low-grade hematite pellets consumed by all UBG
For more information on Renaissance Zones, contact your local
members in an industrial or manufacturing process.
tax assessor. For information on the MBT credit, contact the
Michigan Department of Treasury, Customer Contact Division, Line 19: Low-grade hematite means any hematitic iron
MBT Unit, at 517-636-6925. formation that is not of sufficient quality in its original
mineral state to be mined and shipped for the production of
Historic Preservation Credit
pig iron or steel without first being drilled, blasted, crushed,
The Historic Preservation Credit provides tax incentives for and ground very fine to liberate the iron minerals and for
homeowners, commercial property owners, and businesses which additional beneficiation and agglomeration are required
to rehabilitate historic resources located in Michigan. to produce a product of sufficient quality to be used in the
Rehabilitation projects must be certified by the State Historic production of pig iron or steel. Qualified low-grade hematite
Preservation Office (SHPO). must be produced from low-grade hematitic iron ore mined in
NOTE: Beginning January 1, 2012, the historic preservation the United States.
credit is available to the extent that a taxpayer had a Part Line 20: UBGs: Enter the carryforward amount from Form
2 approval, approved rehabilitation plan, approved high 4580, Part 2B, line 51, column C.
community impact rehabilitation plan or preapproval letter
by December 31, 2011, but has not fully claimed the credit Line 24: If line 21 is greater than line 18, enter the difference.
before January 1, 2012. The credit may be claimed as either This is a credit carryforward to be used on the taxpayer’s
a refundable accelerated credit (on Form 4889) or a non- immediately following MBT return.
refundable credit. Non-refundable credits and non-refundable New Motor Vehicle Dealer Inventory Credit
carryforwards of the credit are claimed here. A taxpayer may
A taxpayer that is a new motor vehicle dealer licensed under
elect to claim a certificated historic preservation credit in the
the Michigan vehicle code, Michigan Compiled Law (MCL)
year in which a credit is available and will be taxable under
257.1 to 257.923, may claim a credit against the tax equal to
the MBT until the qualifying credit and any carryforward of
0.25 percent of the amount paid by the taxpayer to acquire new
the credit are extinguished. The credit must first be claimed in
motor vehicle inventory in Michigan during the tax year.
the year that the certificate of completed rehabilitation of the
historic resource was issued. Line 25: New motor vehicle inventory means new motor
Line 16: Complete the MBT Election of Refund or vehicles or new motor vehicle parts.
Carryforward of Credits (Form 4584) to claim this credit and Large Food Retailer Credit
elect a carryforward of any excess credit.
An eligible taxpayer may claim a Large Food Retailer Credit
Line 17a: Recapture from Form 4584, Line 2. If the resource equal to 1 percent of the taxpayer’s compensation in Michigan,
is sold or the certification of completed rehabilitation or not to exceed $8,500,000. A taxpayer that claims a Large Food
preapproval letter is revoked less than five years after the Retailer Credit cannot also claim a Mid-Size Food Retailer
historic resource is placed in service, a percentage of the credit Credit.
may be subject to recapture.
The taxpayer must meet all of the following criteria:
100 percent If less than 1 year • Operates at least 17,000,000 square feet of enclosed retail
space and 2,000,000 square feet of enclosed warehouse space
80 percent If at least 1 year, but less than 2 years
in Michigan.
60 percent If at least 2 years, but less than 3 years
• Sells all of the following at retail:
40 percent If at least 3 years, but less than 4 years
○ Fresh, frozen, or processed food; food products; or
20 percent If at least 4 years, but less than 5 years consumable necessities.
○ Prescriptions and over-the-counter medications.
Questions regarding federal and State certification may be
directed to SHPO at (517) 373-1630. For additional information, ○ Health and beauty care products.
visit the SHPO Web site at www.michigan.gov/shpo. ○ Cosmetics.
Information about Federal Historic Preservation Tax Incentives ○ Pet products.
is available at www.nps.gov/hps/tps/tax/index.htm.
○ Carbonated beverages.
Low-Grade Hematite Credit ○ Beer, wine, or liquor.
The Low-Grade Hematite Credit provides a credit equal to
• Sales of the items listed above represent more than
one dollar per long ton of qualified low-grade hematite pellets
35 percent of the taxpayer’s total sales in the tax year.
consumed in an industrial or manufacturing process, a process
in which low-grade hematite is used as a raw material in the • Maintains its headquarters operation in Michigan.
Line 29: Enter compensation attributable to Michigan.

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UBGs: If the eligible taxpayer is a UBG, enter the order for the taxpayer to remain taxable under the MBT and
compensation attributable to Michigan for the entire UBG. claim the credit.
Mid-Size Food Retailer Credit Line 41: Complete Form 4584 to claim this credit and elect a
An eligible taxpayer may claim a Mid-Size Food Retailer refund or carryforward of any excess credit.
Credit equal to 0.125 percent of the taxpayer’s compensation in For more information, contact MEDC at 517-373-9808
Michigan, not to exceed $300,000. or visit the MEDC Web site at michiganadvantage.org/
The taxpayer must meet all of the following criteria: MIAdvantage/Taxes-and-Incentives.
• Operates at least 2,500,000 square feet of enclosed retail Individual or Family Development Account Credit
space and 1,400,000 square feet of enclosed warehouse, A taxpayer or qualified financial institution may claim a credit
headquarters, and transportation services in Michigan. for 75 percent of certified contributions made to a reserve fund
• Sells all of the following at retail: of a fiduciary organization in accordance with the Individual
○ Fresh, frozen, or processed food; food products; or or Family Development Account Program Act, MCL 206.701
consumable necessities. to 206.711. A fiduciary organization is a 501(c)(3) exempt,
○ Prescriptions and over-the-counter medications. charitable organization approved by the Michigan State Housing
Development Authority (MSHDA) to manage a reserve fund. A
○ Health and beauty care products. reserve fund is a fund established and managed by a fiduciary
○ Cosmetics. organization housed at a financial institution.
○ Pet products. This credit is nonrefundable but may be carried forward up
○ Carbonated beverages. to ten years. The credit may not exceed $1 million annually
○ Beer, wine, or liquor. for all taxpayers. The determination of whether the annual
limit is reached will be made by MSHDA, which must certify
• Sales of the items listed above represent more than 35 contributions eligible for a credit, in accordance with the
percent of the taxpayer’s total sales in the tax year. Individual or Family Development Account Program Act.
• Maintains its headquarters operation in Michigan.
Attach the certificate issued by MSHDA for this credit to the
Line 33: Enter compensation attributable to Michigan. return to substantiate a claim. (If the certificate is not attached,
UBGs: If the eligible taxpayer is a UBG, enter the the credit will be disallowed.)
compensation attributable to Michigan for the entire UBG. NOTE: For purposes of this credit, qualified financial
institution is defined by reference to the definition of financial
Bottle Deposit Administration Credit institution in the Individual or Family Development Account
An eligible taxpayer may claim a Bottle Deposit Program Act, rather than the MBT Act. Financial institution
Administration Credit equal to 30.5 percent of the taxpayer’s for this credit is defined as “a state chartered bank, state
expenses incurred during the tax year to comply with MCL chartered savings bank, savings and loan association, credit
445.571 to 445.576. Eligible taxpayer means a distributor union, or trust company; or a national banking association or
or manufacturer who originates a deposit on a beverage federal savings and loan association or credit union.”
container in accordance with MCL 445.571 to 445.576.
Line 45: UBGs: Standard taxpayers, enter the unused credit
Beverage container and distributor mean those terms as
amount from Form 4580, Part 2B, line 52, column C. Financial
defined under MCL 445.571 to 445.576.
institutions, enter the combined total of carryforward amounts
UBGs: If the eligible taxpayer is a member of a UBG, enter reported on the UBG Combined Filing Schedule for Financial
expenses incurred only by that eligible member. If multiple Institutions (Form 4752), line 30, by all members of the group.
members of a UBG are eligible taxpayers, combine the
Bonus Depreciation Credit
expenses of those eligible members.
For tax years starting after 2010, only unused carryforward of
MEGA Federal Contract Credit the Bonus Depreciation Credit can be used.
This credit is available for a qualified taxpayer or collective Line 50: Enter the unused credit amount from previous year.
group of taxpayers that have been awarded a federal
UBGs: Enter the unused credit amount from Form 4580, Part
procurement contract from the U.S. Department of Defense,
2B, line 53, column C.
Department of Energy, or Department of Homeland Security
resulting in a minimum of 25 new full-time jobs. International Auto Show Credit
NOTE: Beginning January 1, 2012, this credit is available as A taxpayer who owns, operates, or controls an international
a certificated credit to the extent that the taxpayer has entered auto show in Michigan that meets certain criteria may claim
into an agreement with MEGA by December 31, 2011, but a credit. An international auto show must meet all of the
the credit has not been fully claimed or paid prior to January following criteria:
1, 2012. This credit must be claimed beginning with the
• Promote, advertise, or display the design or concept of
taxpayer’s first tax year ending after December 31, 2011, in

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  products  that  are  designed,  manufactured,  or  produced,  in    the tax year.
  whole or in part, in this State and are available for sale to the 
                                                                      Eligible taxpayer  means  a  taxpayer  that  is  a  private  equity 
  general public.
                                                                      fund  which  serves  as  a  conduit  for  the  investment  of  private 
• Use more than 100,000 square feet of floor space.                   securities  not  listed  on  a  public  exchange  by  accredited 
• Be open to the general public for at least seven consecutive        investors or qualified purchasers at any time during which the 
  days in a calendar year.                                            investment is acquired or subsequently used to claim the credit 
• Have attendance exceeding 500,000.                                  under this section. 
• Have  more  than  3,000  credentialed  journalists,  including      Accredited investor means that term as defined under Section 2 
  international journalists, who attend the auto show.                of the Securities Act of 1933, 15 USC 77b. 
A taxpayer claiming the International Auto Show Credit must           Qualified  purchaser   means  that  term  as  defined  under 
maintain in its records proof that the international auto show        Section 2 of the Investment Company Act of 1940, 15 United 
satisfies all of the above criteria.                                  States Code (USC) 80a-2.
Line 54: The credit is equal to the qualified taxpayer’s entire       Line  58:  Private  equity  fund  manager  means  the  person  or 
MBT liability or $250,000, whichever is less.                         persons responsible for the management of the investments of 
UBGs: If the eligible taxpayer is a member of a UBG, a pro            the eligible taxpayer. 
forma tax calculation must be attached showing the individual         For purposes of this credit, the location of the activity of the 
member’s tax liability. This credit is equal to the lesser of the     private  equity  fund  manager  is  based  on  the  location  of  the 
member’s entire MBT liability or $250,000, whichever is less.         office  from  which  the  fund  manager  conducts  management 
See guidance on pro forma calculations in the UBG note earlier        activity for the eligible taxpayer. 
in these instructions.
                                                                      UBGs: If the eligible taxpayer is a member of a UBG, enter only 
Brownfield Redevelopment Credit                                       the activity of the eligible fund manager conducted in Michigan.
The  Brownfield  Redevelopment  Credit  encourages  businesses 
                                                                      Line  59: If  the  eligible  taxpayer  is  a  member  of  a  UBG, 
to  make  investment  on  eligible  Michigan  property  that  was 
                                                                      enter only the activity of the eligible fund manager conducted 
used or is currently used for commercial, industrial, public, or 
                                                                      everywhere.
residential  purposes  and  is  either  a  facility  (environmentally 
contaminated property), functionally obsolete, or blighted.           Line  61: If the taxpayer engages in both private equity fund 
NOTE:  Beginning  January  1,  2012,  the  Brownfield                 activities  as  well  as  other  activities,  the  amount  on  line  70 
redevelopment credit may be claimed as a certificated credit if       cannot  be  used.  Instead,  the  taxpayer  must  do  a  pro  forma 
a taxpayer has a preapproval letter by December 31, 2011, but         calculation  of  the  tax  before  this  credit  based  solely  on  the 
has not fully claimed the credit by January 1, 2012.  The credit      private equity fund activities.
may  be  claimed  as  either  a  refundable  accelerated  credit  (on UBGs:  To  the  extent  that  a  private  equity  fund  is  part  of 
Form 4889) or a non-refundable credit. Non-refundable credits         a  UBG,  the  Private  Equity  Fund  Credit  is  equal  to  the  tax 
and  non-refundable  carryforwards  of  the  credit  are  claimed     liability of the eligible member prior to this credit, multiplied 
here. The credit must first be claimed in the year in which the       by a fraction which is the Michigan activities of the manager 
certificate of completion is issued.                                  over  the  activities  of  the  manager  everywhere.  A  pro  forma 
A  taxpayer  claiming  a  nonrefundable  certificated  brownfield     calculation  must  be  performed  to  determine  the  tax  liability 
credit may make the election in the year in which a credit is         of the eligible UBG member prior to this credit. See guidance 
available  and  will  remain  taxable  under  the  MBT  until  the    on  pro  forma  calculations  in  the  UBG  note  earlier  in  these 
qualifying  credit  and  any  carryforward  of  the  credit  are      instructions.
extinguished. 
                                                                      Film Job Training Credit 
Line  56: Complete Form 4584 to claim this credit and elect a 
                                                                      An  eligible  production  company  may  claim  a  credit  of  up  to 
carryforward of any excess credit.
                                                                      50  percent  of  qualified  job  training  expenditures  in  film  and 
The  administration  of  the  Brownfield  Redevelopment  Credit       digital  media  for  qualified  personnel,  provided  the  taxpayer 
program  is  assigned  to  MEGA.  For  more  information  on  the     enters  into  an  agreement  with  the  Michigan  Film  Office, 
approval process, contact the MEDC at 517-373-9808.                   concurred in by the State Treasurer. If the credit exceeds the 
                                                                      taxpayer’s  tax  liability  for  the  tax  year,  the  excess  may  be 
Private Equity Fund Credit                                            carried forward to offset tax liability in subsequent years for a 
An eligible taxpayer may claim a Private Equity Fund Credit           maximum of ten years.
equal to the eligible taxpayer’s tax liability attributable to the    Line  63:  Upon  verification  that  the  taxpayer  has  complied 
activities as an eligible taxpayer for the tax year after claiming    with  the  agreement  terms  and  the  qualified  job  training 
any  other  credits  allowed  under  the  MBT  Act  multiplied  by    expenditures and eligibility are met, the Film Office will issue 
a fraction, the numerator of which is the total activity of the       a Qualified Job Training Expenditure Certificate verifying the 
private equity fund manager conducted in Michigan during the          amount  of  the  credit  to  be  claimed.  The  certificate  must  be 
tax year and the denominator of which is the total activity of        attached to the return to receive the credit.
the private equity fund manager conducted everywhere during 

                                                                                                                      77

- 11 -

NOTE: To qualify for the credit, a taxpayer must not be in the base investment, that taxpayer must recapture part of the
delinquent in a tax or other obligation owed to Michigan nor be credit in the year of disposition. Credit recapture is reported on
owned or under common control of an entity that is delinquent. Form 4587.
A credit cannot be claimed for any direct expenditure for which
Line 70: UBGs: Standard taxpayers, enter the unused credit
a Film Production Credit was claimed for either an MBT or
amount from Form 4580, Part 2B, line 56, column C. Financial
withholding tax liability.
institutions, enter the combined total of carryforward amounts
Line 64: UBGs: Enter the unused credit amount from Form reported on Form 4752, line 32, by all members of the group.
4580, Part 2B, line 55, column C.
Line 74: If line 71 is greater than line 67, enter the difference.
Line 68: If line 65 is greater than line 62, enter the difference. This is a credit carryforward to be used on the taxpayer’s next
This is a credit carryforward to be used on the taxpayer’s next MBT return.
MBT return.
For more information, contact the Michigan Film
For more information, contact the Michigan Film Office at 1-800-477-3456 or visit the Web site at
Office at 1-800-477-3456 or visit the Web site at www.michiganfilmoffice.org.
www.michiganfilmoffice.org.
MEGA Plug-In Traction Battery Manufacturing Credit
Film Infrastructure Credit The MEGA Plug-In Traction Battery Manufacturing Credit
An eligible taxpayer may claim a credit for investment in encourages investment in the development, manufacture,
a qualified film and digital media infrastructure project of commercialization, and affordability of advanced automotive
up to 25 percent of the base investment expenditures for the high-power energy batteries. The credit is available only to a
project, provided the taxpayer enters into an agreement with taxpayer that has entered into an agreement with MEGA that
the Michigan Film Office, concurred in by the State Treasurer. provides that the taxpayer will manufacture plug-in traction
The credit is reduced by the amount of any Brownfield battery packs in Michigan. The taxpayer must attach the
Redevelopment Credit claimed under Section 437 of the MEGA certificate to the MBT annual return on which the
MBT Act for the same base investment. If the credit exceeds credit is claimed.
the taxpayer’s tax liability for the tax year, the excess may be
carried forward to offset tax liability in subsequent years for a For tax years ending after December 31, 2014, this credit
maximum of ten years. is no longer available. However, unused credit from the
immediately preceding tax year may still be claimed, if
Upon verification that the taxpayer has complied with the available.
agreement terms and investment expenditures and eligibility
are met, the Film Office will issue an Investment Expenditure NOTE: Beginning January 1, 2012, this credit is available as a
Certificate stating the amount of the credit. The certificate must certificated credit to the extent that the taxpayer has entered into
be attached to the return. an agreement with MEGA by December 31, 2011, but the credit
has not been fully claimed or paid prior to January 1, 2012. This
The credit may be assigned in the tax year in which the credit must be claimed beginning with the taxpayer’s first tax
Investment Expenditure Certificate is received but any such year ending after December 31, 2011, in order for the taxpayer to
assignment is irrevocable. The MBT Film Credit Assignment remain taxable under the MBT and claim the credit.
(Form 4589) must be attached to the return on which the credit
is claimed. For more information, contact MEDC at (517) 373-9808 or visit
the MEDC Web site at http://www.michiganadvantage.org/.
An assigned credit amount must be claimed against the
assignee’s MBT liability during the assignee’s tax year in Line 75: For tax years ending after December 31, 2014, the
which the credit was assigned. MEGA Plug-In Traction Battery Manufacturing Credit
is no longer available. Complete Form 4584 to claim any
NOTE: Beginning January 1, 2012, this credit is available as unused credit from the immediately preceding tax year, if
a certificated credit to the extent that the taxpayer has entered available.
into an agreement with the Michigan Film Office with the
concurrence of the State Treasurer by December 31, 2011, but Anchor Company Payroll Credit
the credit has not been fully claimed or paid prior to January 1, This credit is available for a qualified taxpayer that was
2012. This credit must be claimed beginning with the taxpayer’s designated by MEGA as an anchor company within the last
first tax year ending after December 31, 2011, in order for the five years and that has influenced a new qualified supplier or
taxpayer to remain taxable under the MBT and claim the credit. customer to open, locate, or expand in Michigan.
NOTE: To qualify for the credit, a taxpayer must not be NOTE: Beginning January 1, 2012, this credit is available as
delinquent in a tax or other obligation owed to Michigan nor be a certificated credit to the extent that the taxpayer has entered
owned or under common control of an entity that is delinquent. into an agreement with MEGA by December 31, 2011, but
A credit cannot be claimed for any direct expenditure for which the credit has not been fully claimed or paid prior to January
a Film Production Credit was claimed against either an MBT or 1, 2012. This credit must be claimed beginning with the
withholding tax liability. taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
If the taxpayer originally awarded this credit sells or otherwise
claim the credit.
disposes of any tangible assets, the cost of which were included

- 12 -

Line  77: Complete Form 4584 to claim this credit and elect a 
refund or carryforward of any excess credit.
For  more  information,  contact  the  MEDC  at  517-373-9808  or 
visit the MEDC Web site at http://www.michiganadvantage.
org/.
Anchor Company Taxable Value Credit
This  credit  is  available  for  a  qualified  taxpayer  that  was 
designated  by  MEGA  as  an  anchor  company  within  the  last 
five years and that has influenced a new qualified supplier or 
customer to open, locate, or expand in Michigan. 
NOTE: Beginning January 1, 2012, this credit is available as a 
certificated credit to the extent that the taxpayer has entered into 
an agreement with MEGA by December 31, 2011, but the credit 
has not been fully claimed or paid prior to January 1, 2012. This 
credit  must  be  claimed  beginning  with  the  taxpayer’s  first  tax 
year ending after December 31, 2011, in order for the taxpayer to 
remain taxable under the MBT and claim the credit.
Line  79: Complete Form 4584 to claim this credit and elect a 
refund or carryforward of any excess credit.
For more information, contact the MEDC at (517) 373-9808 or 
visit the MEDC Web site at http://www.michiganadvantage.
org/.
MEGA Poly-Silicon Energy Cost Credit and 
Miscellaneous MEGA Battery Credits
NOTE: Beginning January 1, 2012, these credits are available 
as certificated credits to the extent that the taxpayer has entered 
into  an  agreement  with  MEGA  by  December  31,  2011,  but 
the credit has not been fully claimed or paid prior to January 
1,  2012.  These  credits  must  be  claimed  beginning  with  the 
taxpayer’s  first  tax  year  ending  after  December  31,  2011,  in 
order  for  the  taxpayer  to  remain  taxable  under  the  MBT  and 
claim the credit.
Line 81: Complete Form 4584 to claim these credits and elect 
a  refund  or  carryforward  of  any  excess  credit,  and  to  apply 
unused  carryforwards  of  these  credits  from  the  immediately 
preceding tax year.
The miscellaneous MEGA battery credits on this line include 
the  MEGA  Poly-Silicon  Energy  Cost  Credit,  MEGA  Plug-
in  Traction  Battery  Integration  Credit,  MEGA  Battery 
Manufacturing  Facility  Credit,  MEGA  Large  Scale  Battery 
Credit, and/or MEGA Advanced Lithium Ion Battery Credit.
The following credits are no longer available for tax years 
ending after the associated date.  Complete  Form  4584  to 
claim  any  unused  credit  from  the  immediately  preceding  tax 
year, if available.
• MEGA Advanced Battery Engineering Credit — December 31, 
2014.
• MEGA Advanced Lithium Ion Battery Credit — December 31, 
2016.
• MEGA Large Scale Battery Credit --December 31, 2017.
Include completed Form 4573 as part of the tax return filing.

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