Issues

The 2013-15 state budget reduces the interest rate on amounts owed by the Department of Revenue (DOR) to taxpayers from 9% to 3%.  This change

The 2013-15 state budget eliminates the $47.5 million cap on the maximum amount of angel investment tax credits that the Wisconsin Economic Development Corporation (WEDC)

The 2013-15 state budget eliminates seventeen business tax credits in 2014 and one in 2015 with the intent of simplifying the state tax code. Each

The 2009-11 state budget created a sales and use tax exemption for manufacturing and biotechnology research.  This exemption applies to businesses primarily engaged in manufacturing

The 2007-09 state budget created an individual income tax deduction for health insurance premiums paid by employees whose employer pays some portion of the employee’s

The 2013-15 state budget includes significant tax policy reforms that will improve the business climate in Wisconsin, including tax relief amounting to nearly $986 million

Under previous Wisconsin law, only C corporations were eligible to claim the federal research & development expense credit at the state level. The 2013-15 state

The 2013-15 state budget adopts federal rules for net operating losses for individual income tax.  Beginning in 2014, net operating losses can be carried forward

The 2013-15 state budget creates an appeals process by which a citizen may challenge an unreasonably high municipal fee in the state Tax Appeals Commission

If federal law is changed to allow the collection of state sales taxes on out-of-state retailers (the Marketplace Fairness Act), the 2013-15 state budget requires