All seems right in the world, or at least in Michigan, where the Michigan Court of Appeals recently held that the Department of Treasury (Department) improperly disallowed Pfizer’s deductions of “royalties” for Michigan Single Business Tax (SBT) purposes. Pfizer, Inc. v. Dep’t of Treas., Docket No. 301632 (Mich. Ct. App. Feb. 14, 2012).
To



