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R&D Tax Credit Resource Hub

The recent passage of Michigan’s robust Research & Development (R&D) Tax Credit is a strong step toward securing Michigan’s position as a leader in innovation, fostering economic growth and maintaining competitiveness on the national and global stage.

The Michigan Department of Treasury released a notice regarding the Tax Credit against the Corporate Income Tax (CIT) for tax years beginning on and after 1/1/25. This notice describes the new credit and the process for claiming it, which differs depending on whether the claimant is a CIT taxpayer or a flow-through entity. In both cases, the credit is available starting with research and development expenses incurred during the 2025 calendar year, and the first statutory filing deadline is 4/1/26.

MMA took the lead in designing and advancing a broad-based R&D Tax Credit accessible to businesses of all sizes, with definitions harmonized with federal standards. With the refundable nature of the tax credit and $100 million in funds secured, companies can be assured that they will maximize the value of their R&D expenditures.


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Contact Mike Johnston

Mike JohnstonExecutive Vice President of Government Affairs & Workforce Development
Call 517-487-8554
E-mail johnston@mimfg.org