Zenith Industrial Corp. v. Department of Treasury

Petitioner, Zenith Industrial Corporation, appeals as of right from a Michigan Tax Tribunal decision upholding deficiency assessments for the taxable periods ending June 30, 1975, and December 31, 1975. We have been asked to determine whether the running of the period of limitations under the Michigan Income Tax Act of 1967 was tolled for state deficiency assessment purposes where the state taxpayer’s federal tax returns were modified by a federal audit which was completed more than three years after filing of the taxpayer’s state returns. We uphold the Tax Tribunal’s ruling that the running…