Section 206.14 - Nonbusiness income, nonresident and nonresident estate or trust; definitions.
INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967
206.14 Nonbusiness income, nonresident and nonresident estate or trust; definitions.
Sec. 14.
(1) “Nonbusiness income” means all income other than business income.
(2) “Nonresident” means any individual who is not a resident.
(3) “Nonresident estate or trust” means any estate or trust not included in the definition of a resident estate or trust.
History: 1967, Act 281, Eff. Oct. 1, 1967