Gogebic-EDC Michigan Taxes

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Gogebic County Michigan

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Relatively speaking, our taxes are competitive and favorable to neighboring locations.

Sales Tax | Property Taxes | Business Taxes

Michigan Sales Taxes

Sales Tax	6%
Local Sales Tax Allowed?	No
Max. Local Sales Tax Allowed?	None
Manufacturing Equip. Exempt?	Yes
Energy Used in Mfg. Exempt?	Yes
Pollution Control Equipment Exempt?	Yes

Michigan Property Taxes

Local Property Tax?	Yes
State Property Tax?	Yes
Real Property Assessment	50% Curr. Mkt.
Personal Property Assessment	50% Curr. Mkt.
Inventory Exempt?	Yes
Manufacturing Equipment Exempt?	Yes
Pollution Control Equipment Exempt?	Yes
Property Tax Abatement?	Yes
Tax Abatement Limits?	Up to 12 yrs.

Michigan Business Taxes

Tax Rates: 2.3% of adjusted tax base which includes income, interest payments, compensation, and depreciation.

Small businesses may pay an alternative 2.0% tax on adjusted income.

Sales Tax | Property Taxes | Business Taxes

And check out Gogebic County's Tax-Free Renaissance Zones!

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