Property Tax Alert: Michigan

August 2003

The State Board of Assessors in Michigan will determine the true cash value and taxable value of property owned by telephone companies in the same manner as property assessed under the general property tax laws. According to SB1238 (Act 610) of 2002, this will be effective for the tax years beginning after 2005. For telephone companies, both real and personal tangible property that is owned, used and occupied in Michigan will be termed as “property having a situs in this state”.

Please contact Rash & Associates for more information.