The Michigan Tax Commission has adopted a new set of equations for determining the taxable value of property which has changed the depreciation schedules for in-service wind turbines. As industrial personal property, wind turbines were previously taxed on 100% of their taxable value in the first year, and depreciated over 15 years down to 30%. In December, the policy was changed to taxing 80% in the first year and depreciating down to 30% over five years.
Current Public Notices
Published: 7 July, 2025
Published: 7 July, 2025
Published: 1 July, 2025
Published: 30 June, 2025
Published: 30 June, 2025
Published: 30 June, 2025
Published: 26 June, 2025
Published: 24 June, 2025
Published: 24 June, 2025
Published: 24 June, 2025
Published: 23 June, 2025
Published: 23 June, 2025
Published: 17 June, 2025
Published: 16 June, 2025
Current Legal Analysis
More from Varnum LLP
Upcoming Events
Jul
8
2025
Jul
8
2025
Jul
9
2025