Employment Costs & Taxes

  • Sales Tax = 6%
  • Individual Income Tax = 4.25%
    • City of Flint Income Tax = 1% residents / 0.5% non-residents
  • Corporate Income Tax = 6.00%
  • Michigan’s new tax plan reduces and, in some instances, eliminates business taxes for most businesses with corporations paying a flat 6% tax.
  • Various sales and property tax exemptions in Michigan help reduce the tax liability for companies.
  • Manufacturers that do not pay personal property tax on eligible property may, in certain circumstances, be eligible for exemption or reduction of the State Essential Services Assessment for projects that create jobs and/or private investment in Michigan.
  • Michigan is ranked by the Tax Foundation as one of the Top 10 states for corporate tax competitiveness.