"Some local governments in Michigan could see a decline in their income tax collections as thousands of employees who normally work within their jurisdictions instead work from homes, located elsewhere, during the coronavirus pandemic.
Under current law, those individuals’ income is not subject to a local income tax.
The Michigan Municipal League (MML) wants a temporary change to that law, given estimates that the 24 municipalities with local income taxes will collect up to $160 million less in the current fiscal year due to the surge in remote work.
The league wants legislators to amend the local income tax law to let cities collect from nonresidents who ordinarily work within their boundaries but now work from homes outside the city.
The proposal is part of a package of several tax measures announced by the local government lobbying group (MML) at a news conference...Read all.
No comments:
Post a Comment