Qualified taxpayer means a person that either owns the resource to be rehabilitated or has a long-term lease agreement with the owner of the historic resource and that has qualified expenditures for the rehabilitation of the historic resource equal to or greater than 10% of the state equalized valuation of the property. If the historic resource to be rehabilitated is a portion of an historic or nonhistoric resource, the state equalized valuation of only that portion of the property shall be used for purposes of this subdivision. If the assessor for the local tax collecting unit in which the historic resource is located determines the state equalized valuation of that portion, that assessor's determination shall be used for purposes of this subdivision. If the assessor does not determine that state equalized valuation of that portion, qualified expenditures, for purposes of this subdivision, shall be equal to or greater than 5% of the appraised value as determined by a certified appraiser. If the historic resource to be rehabilitated does not have a state equalized valuation, qualified expenditures for purposes of this subdivision shall be equal to or greater than 5% of the appraised value of the resource as determined by a certified appraiser.
Qualified taxpayer means the owner of the qualified
Qualified taxpayer means a taxpayer that meets both of the following criteria:
Examples of Qualified taxpayer in a sentence
Qualified taxpayer under this subparagraph includes the estate of an individual who was a qualified taxpayer at the time of death.
June 4, 1978.141.635 Qualified taxpayer within renaissance zone; determination of deductions claimed.Sec.
More Definitions of Qualified taxpayer
Qualified taxpayer means that term as defined in sections 38d and 38g of former 1975 PA 228, or section 437 of the Michigan business tax act, 2007 PA 36, MCL 208.1437, or a recipient of a community revitalization incentive as described in section 90a of the Michigan strategic fund act, 1984 PA 270, MCL 125.2090a.
Qualified taxpayer means 1 of the following:
Qualified taxpayer means a taxpayer that has entered an agreement to create at least 500 qualified new jobs and to make at least $50,000,000.00 in a qualified capital investment of which $25,000,000.00 shall be made prior to the issuance of a certificate under this section.
Qualified taxpayer means a taxpayer that:
Qualified taxpayer means a taxpayer that was designated by the Michigan economic growth authority as an anchor company within the last 5 years and that has influenced a qualified supplier or qualified customer to open, locate, or expand in this state.
Qualified taxpayer means a taxpayer owning an interest, direct or indirect, through one or more
Qualified taxpayer means a claimant, estate, or trust that: