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Michigan Department of Treasury

Attachment 26

4946 (Rev. 10-12), Page 1

2012 MICHIGAN Schedule of Corporate Income Tax Liability

for a Michigan Business Tax Filer

Issued under authority of Public Act 36 of 2007 and PA 39 of 2011.

Federal Employer Identification Number (FEIN)

Name (print or type)

PArT 1: APPorTIoNMeNT CALCuLATIoN

1. Michigan sales of the taxpayer. (If no Michigan sales, enter zero.) ....................................................................

2. Total sales of the taxpayer .................................................................................................................................

3. Apportionment percentage. Divide line 1 by line 2 .............................................................................................

PArT 2: BuSINeSS INCoMe TAX

4. Federal taxable income from U.S. Form 1120 (Non-C Corporations, see instructions) ......................................

5. Domestic Production Activities deduction based on IRC § 199 reported on U.S. Form 8903, to the extent

deducted from federal taxable income ..............................................................................................................

6. Miscellaneous (see instructions) ........................................................................................................................

7. Adjustments due to decoupling of Michigan depreciation from IRC § 168(k).

If adjustment is negative, enter as negative:

a. Net bonus depreciation adjustment .................................................. 7a.

b. Gain/loss adjustment on sale of an eligible depreciable asset .......... 7b.

c. Add lines 7a and 7b. If negative, enter as negative

7c.

8. Add lines 4, 5, 6 and 7c .....................................................................................................................................

9. For a UBG, total group eliminations from federal taxable income. All other filers, enter zero.............................

10. Business Income. All filers, subtract line 9 from line 8. If negative, enter as a negative .................................

10.

Additions to Business Income

11. Interest income and dividends derived from obligations or securities of states other than Michigan .................

11.

12. Taxes on or measured by net income ................................................................................................................

12.

13. Any carryback or carryover of a federal net operating loss (enter as a positive number) ...................................

13.

14. Royalty, interest, and other expenses paid to a related person that is not a UBG member of this taxpayer ......

14.

15. Miscellaneous (see instructions) .......................................................................................................................

15.

16. Total Additions to Income. Add lines 11 through 15 ...........................................................................................

16.

17. Corporate Income Tax Base After Additions. Add lines 10 and 16. If negative, enter as a negative ...........

17.

Subtractions from Business Income

18. Income from Flow-Through Entities that are not members of the UBG (enter loss as a negative) ...................

18.

19. Dividends and royalties received from persons other than U.S. persons and foreign operating entities ..........

19.

20. Interest income derived from United States obligations ....................................................................................

20.

21. Miscellaneous (see instructions) .......................................................................................................................

21.

22. Total Subtractions from Income. Add lines 18 through 21 ................................................................................

22.

23. Corporate Income Tax Base. Subtract line 22 from line 17. If negative, enter as a negative .......................

23.

24. Apportioned Corporate Income Tax Base. Multiply line 23 by percentage from line 3 ......................................

24.

25. Apportioned Income from Flow-Through Entities that are not members of the UBG (see instructions) ............

25.

26. a. Add line 24 and line 25. If negative, enter zero ........................................................................................... 26a.

b. If Form 4567, box 11d, is checked, multiply line 26a by the percentage on Form 4567, line 11g ............... 26b.

27. Corporate Income Tax Before Credit. Multiply line 26a or 26b, whichever applies, by 6% (0.06) .................

27.

0000 2012 56 01 27 8

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