Form 4570 - Business Tax Credits For Compensation, Investment, And Research And Development - 2012

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Michigan Department of Treasury
Attachment 04
4570 (Rev. 03-12), Page 1
2012 MICHIGAN Business Tax Credits for Compensation,
Investment, and Research and Development
Issued under authority of Public Act 36 of 2007.
Federal Employer Identification Number (FEIN) or TR Number
Name
00
1. Tax liability before the Compensation and Investment Tax Credits from Form 4568, line 3 .............................
1.
PART 1: COMPENSATION CREDIT.
If not claiming this credit, go to Part 2.
00
2. Michigan Compensation ...................................................................................................................................
2.
00
3. Multiply line 2 by 0.37% (0.0037). ....................................................................................................................
3.
PART 2: INVESTMENT TAX CREDIT
Read instructions to ensure eligibility before claiming this credit. If not claiming this credit, carry amount from line 3 to line 21.
Capital Investments
4. Total eligible depreciable tangible assets located in Michigan that were acquired during the tax year
00
(from line 35). ........................................................................................................................................................
4.
5. Total eligible depreciable tangible assets purchased or acquired for use outside of Michigan in a tax year
00
beginning after December 31, 2007, that were transferred into Michigan during the tax year (from line 36) ....
5.
00
6. Total eligible depreciable mobile tangible assets that were acquired during the tax year (from line 37) ............
6.
7. Mobile Tangible Assets. If subject to apportionment, multiply line 6 by the percentage from Form 4567,
00
line 11c. If not subject to apportionment, enter amount from line 6 .....................................................................
7.
00
8. Total Capital Investments. Add lines 4, 5 and 7 .................................................................................................
8.
9. Total cost paid or accrued of all depreciable real and personal property located everywhere that was acquired
00
during the tax year (authorized under MCL 208.1513(3)) ................................................................................
9.
LINE 9 IS FOR STATISTICAL PURPOSES ONLY AND SHOULD NOT BE USED IN ANY CALCULATION ON THIS FORM.
Recapture of Capital Investments
10. Adjusted Proceeds from recapture of eligible depreciable tangible assets located in Michigan that were
acquired or moved into Michigan after acquisition in a tax year beginning after December 31, 2007, and were
00
sold or otherwise disposed of during the tax year (from line 39) ...........................................................................
10.
If subject to apportionment, complete lines 11 and 12; otherwise, go to line 13.
00
11. Apportioned gains/losses. Multiply line 38, column F, by the percentage from Form 4567, line 11c .....................
11.
12. Apportioned Adjusted Proceeds. If line 11 is a gain, subtract it from line 38, column E. If line 11 is a loss, add
00
its positive value to line 38, column E....................................................................................................................
12
.
13. Adjusted Proceeds from recapture of eligible depreciable mobile tangible assets acquired in a tax year
00
beginning after December 31, 2007, that were sold or otherwise disposed of during the tax year (from line 41) ...
13.
If subject to apportionment, complete line 14; otherwise, go to line 15.
00
14. Apportioned Adjusted Proceeds. Multiply line 13 by percentage from Form 4567, line 11c .................................
14.
15. Adjusted Federal Basis of eligible depreciable tangible assets other than mobile tangible assets acquired in
tax years beginning after December 31, 2007, that were eligible for the Investment Tax Credit in tax years
00
beginning after December 31, 2007, and transferred outside Michigan during the tax year (from line 42) ...........
15.
16. Recapture of Capital Investments. Add lines 10, 13, and 15. Or, if taxable in another state,
00
add lines 12, 14, and 15 ........................................................................................................................................
16.
+
0000 2012 23 01 27 7
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