A trade war between Michigan and Canada appears to have been averted as the two sides reach agreement on a controversial tax that would have cost Canadian companies millions of dollars annually. The Michigan House of Representatives recently approved Gov. John Engler's plan to phase out the Single Business Tax (SBT) over 23 years, a move that all businesses embrace. But included in that language was a provision to tax all foreign companies for business activity in the state, even if the ...
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