Taxes & Spending
WISCONSIN'S CHAMBER
Taxes & Spending
WMC Urges Repeal of Personal Property Tax
Archaic Law Undue Burden on Businesses MADISON – Wisconsin should repeal its outdated tax on personal property for businesses to lower the tax burden and
Continuing Wisconsin’s Era of Reform
By Kurt R. Bauer Wisconsin Manufacturers & Commerce Wisconsin’s transformation from an anti-business to a pro-business state has been remarkable, but it is also incomplete.
State Chamber Praises Walker Tax Cut Proposal
Tax Cuts Will Foster Job Growth, Prosperity MADISON – Governor Scott Walker’s $500 million proposal to cut income and property taxes will provide needed relief
WMC Lauds $100 Million Property Tax Relief Commitment
MADISON – The Wisconsin chamber of commerce (WMC) Thursday praised Governor Scott Walker and legislative leaders for committing $100 million for schools to help lower
State Budget Significantly Improves Wisconsin’s Tax Climate
Governor Scott Walker and the state Legislature made dramatic improvements in lowering our state tax burden and simplifying our tax code as part of the
Prior Audit Determinations
The 2013-15 state budget creates a new protection for taxpayers who were subject to an audit determination by the state Department of Revenue (DOR) since
Interest on Amounts Owed to Taxpayers
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
Eliminate Angel Investment Tax Credit Cap
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)
Elimination of Eighteen Business Tax Credits
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
Clarifications to the Manufacturing R&D Sales Tax Exemption
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