Form 4567 - Michigan Business Tax Annual Return

UBGs: In the Name field, enter the name of the DM for the

Line 9: Check this box if filing a Michigan UBG return and

standard members of this UBG.

include a Form 4580 for each member of the UBG included in

this filing.

Line 3: Enter a brief description of business activity (e.g.,

forestry, fisheries, mining, construction, manufacturing,

Line 10: Check this box if the taxpayer has receipts from

transportation, communication, electric, gas, sanitary services,

transportation services. Taxpayers that check this box also

wholesale trade, retail trade, finance, or services, etc.).

must complete lines 11a, 11b, and 11c. To calculate Michigan

Sales from Transportation Services, see the instructions for

Line 4: Enter the start date of first business activity in Michigan.

line 11 and the table in the “Sourcing of Sales to Michigan”

Line 5: Enter the entity’s six-digit North American Industry

section of these instructions.

Classification System (NAICS) code. For a complete list of

Line 11: For a Michigan-based taxpayer, all sales are

six-digit NAICS codes, see the U.S. Census Bureau Web site

Michigan sales unless the taxpayer is subject to tax in

at , or enter the same NAICS

another state. A taxpayer will be deemed subject to a tax in

code used when filing the entity’s U.S. Form 1120, Schedule K;

another state if the taxpayer has due process and commerce

U.S. Form 1120S; U.S. Form 1065; or U.S. Form 1040,

clause nexus with that state. In that state, the taxpayer must

Schedule C.

be subject to a business privilege tax, a net income tax, a

Line 6: Enter the date, if applicable, on which the taxpayer

franchise tax measured by net income, a franchise tax for

went out of existence. To complete the discontinuance for

the privilege of doing business, a Corporation stock tax, or

Michigan taxes, file a Notice of Change or Discontinuance

a tax of the type imposed under the MBT Act, or that state

(Form 163), which is available on the Treasury Web site at

has jurisdiction to subject the taxpayer to one or more of such

If the taxpayer is still

taxes regardless of whether or not the tax is imposed.

subject to another tax administered by Treasury, or continues

If no Michigan sales, enter zero.

to exist but has stopped doing business in Michigan, do not use

this line. Also, do not use this line if the taxpayer is a UBG and

MBT is based only on business activity apportioned to

one member has stopped doing business.

Michigan. A taxpayer that has not established nexus with one

other state or a foreign country is subject to MBT on their

Line 7: Use the taxpayer’s Federal Employer Identification

entire business activity. Business activity is apportioned to

Number (FEIN) or the Michigan Treasury (TR) assigned

Michigan based on sales.

number. Be sure to use the same account number on all forms.

Sale or Sales means the amounts received by the taxpayer as

If the taxpayer does not have an FEIN or TR number,

consideration from the following:

the

taxpayer

must

before

filing

this

form.

• The transfer of title to, or possession of, property that is

Taxpayers

are

encouraged

online

The Web site provides

stock in trade or other property of a kind which would

information on obtaining an FEIN, which is required to submit a

properly be included in the inventory of the taxpayer if on

return through e-file. Taxpayers usually can obtain an FEIN from

hand at the close of the tax period, or property held by the

the IRS within 48 hours. Taxpayers registering with the State

taxpayer primarily for sale to customers in the ordinary

online usually receive an account number within seven days.

course of its trade or business. For intangible property, the

amounts received will be limited to any gain received from

Returns received without a registered account number will not

the disposition of that property.

be processed until such time as a number is provided.

• Performance of services which constitute business activities.

NOTE: TR numbers are generally assigned to accounts that

• The rental, leasing, licensing, or use of tangible or

have not acquired an FEIN. Once an FEIN is received, Treasury

intangible property, including interest, that constitutes

will use the FEIN as the account number, if provided. To

business activity.

change account numbers, a taxpayer should submit Form 163

• Any combination of business activities described above.

so Treasury can update the records and make sure the account

• For taxpayers not engaged in any other business activities, sales

numbers are linked.

include interest, dividends, and other income from investment

UBGs: Enter the FEIN or TR Number of the DM for the

assets and activities and from trading assets and activities.

standard members of this UBG.

Complete the Apportionment Calculation using amounts for

Line 8: Check the box that describes the DM’s organization

the taxpayer’s business activity only. Do not include amounts

type. A Trust or a Limited Liability Company (LLC) should

from an interest in a Partnership, S Corporation, or LLC.

check the appropriate box based on its federal return.

Use the information in the “Sourcing of Sales to Michigan”

NOTE: A person that is a disregarded entity for federal income

section of these instructions to determine Michigan sales. If

tax purposes under the internal revenue code shall be classified

sales reported are adjusted by a deduction for qualified sales to

as a disregarded entity for the purposes of filing the MBT

a qualified customer, as determined by the Michigan Economic

annual return. This means that a disregarded entity for federal

Growth Authority (MEGA), attach the Anchor District Tax

tax purposes, including a single member LLC or Q-Sub, must

Credit Certificate or Anchor Jobs Tax Credit Certificate from

file as if it were a sole proprietorship if owned by an individual,

the Michigan Economic Development Corporation (MEDC) as

or a branch or division if owned by another business entity.

support.

Form 4567 - Michigan Business Tax Annual Return - 2014 Page 7

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