We recognize that businesses today have many choices when choosing where to expand or locate their operations and that taxes and tax incentives can be a significant factor in such a decision. We also realize that with so many variations in state and local taxes, knowing what is best for your business can be overwhelming. The Department of Planning and Economic Development can help you better understand your options and help identify what’s right for your endeavor.

Based on a belief that taxpayers should “keep more of what they earn,” Macomb County is committed to maintaining one of the lowest tax rates in all of southeast Michigan.

Tax Cuts

Since 1991 business taxes in Michigan have been reduced significantly. The state of Michigan is continually working to lower its business tax rates and has partnered with the business community to design innovative incentive programs.

Michigan offers major tax abatements for eligible businesses that create large numbers of well-paying new jobs. In addition, the state has 100 tax-free Renaissance Zones to spur investment and job creation. Michigan Also instituted a 100% personal property tax exemption for investment in qualified areas.

Michigan tax cuts saved businesses and families $32 billion from 1992 through 2003.

Business Tax Overview

Below is a basic overview of the taxes affecting businesses in Macomb County and Michigan. Review the information and contact MCPED to learn why Macomb County is good for your business.

The major levies affecting Michigan businesses are:

• The Single Business Tax (SBT)
• Real and personal property taxes (state and local)
• Sales Tax
• The unemployment insurance (UI) tax
• Workers’ disability compensation insurance (although this is not a tax, it is a major business cost imposed by government).