Form 1029 - Annual Property Report - 2011 Page 12
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Application for the Eligible Expenditures Credit against Tax Levied on
State-Assessed Companies as provided by MCL 207.13b(1)
Instructions:
Companies which are assessed by the State Tax Commission under the authority of Public Act 282 of 1905 may receive
an Eligible Expenditures credit against the tax imposed by the act.
In order to receive the Eligible Expenditure credit the following requirements must be met:
1. The company must submit a timely credit application. This form shall be filed with the State Tax Commission
in accordance with the following schedule:
Companies whose gross receipts do not exceed $1,000,000 shall file on or before March 15.
Companies whose gross receipts exceed $1,000,000 shall file on or before March 31.
2. The company must be subject to the annual maintenance fee required under Section 8 of the Metropolitan
Extension Telecommunications Rights-of-Way Oversight Act for the one year period between April 1 of the
prior year and March 31 of the current year.
3. The company must have incurred Eligible Expenditures:
The law defines “Eligible Expenditures” as follows:
“Eligible Expenditures” means expenditures made by a company to purchase and install eligible
equipment.
“Eligible Equipment” means property placed into service in the state for the first time with information
carrying capacity in excess of 200 kilobits per second in both directions.
Company Name
Federal Employer ID Number (FEIN)
Eligible Expenditures Credit (MCL 207.13b(1))
Is your company subject to (billed and required to pay) the annual maintenance fee required under
Section 8 of the Metropolitan Extension Telecommunications Rights-of-Way Oversight Act for the one
year period between April 1 of last year and March 31 of the current year?
Yes
___
No ___
If No, you are not eligible for this credit, DO NOT SUBMIT EXPENDITURES.
If Yes, list the Eligible Expenditures incurred during the prior calendar year.
Description of Equipment
Amount of Eligible Expenditure
Attach additional sheets if necessary.
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