Property Tax Alert: Michigan

March 2006

A Michigan property tax statute pertaining to the transfer of ownership was not unconstitutionally vague with respect to the transfer of holding companies that do not directly own real estate, because it stated that the transfer of ownership included, but was not limited to, the conveyance of the ownership interests in one of the various enumerated entities. The taxpayer argued that the provision was vague because it lacked statutory language stating that a transfer of ownership included the transfer of the ownership interest in a holding company that did not own real estate. However, the plain language of the provision gave notice that such a transaction was included and nothing in the statute suggested that such a transaction was not covered.

Please contact Rash & Associates for more information.