In a recent legal development, Microsoft has petitioned the Michigan Tax Tribunal to classify cost sharing agreement receipts from its affiliates as licenses of intellectual property. The technology giant contends that these payments should be part of its apportionment formula. Microsoft argues that the Michigan Department of Treasury erred by excluding these payments based on federal transfer pricing guidelines. The company asserts that this exclusion unfairly affects its tax obligations in the state. More details about the case can be found in the coverage by Law360 here.