AB910-ASA1,6,55 (d) On all taxable income exceeding $225,000, 7.65 percent.
AB910-ASA1,12 6Section 12 . 71.06 (2) (i) (intro.) of the statutes is amended to read:
AB910-ASA1,6,87 71.06 (2) (i) (intro.) For joint returns, for taxable years beginning after
8December 31, 2012, and before January 1, 2018:
AB910-ASA1,13 9Section 13 . 71.06 (2) (j) (intro.) of the statutes is amended to read:
AB910-ASA1,6,1110 71.06 (2) (j) (intro.) For married persons filing separately, for taxable years
11beginning after December 31, 2012, and before January 1, 2018:
AB910-ASA1,14 12Section 14 . 71.06 (2) (k) of the statutes is created to read:
AB910-ASA1,6,1413 71.06 (2) (k) For joint returns, for taxable years beginning after
14December 31, 2017:
AB910-ASA1,6,1515 1. On all taxable income from $0 to $10,000, 3.9 percent.
AB910-ASA1,6,1716 2. On all taxable income exceeding $10,000 but not exceeding $25,000, 5.74
17percent.
AB910-ASA1,6,1918 3. On all taxable income exceeding $25,000 but not exceeding $300,000, 6.27
19percent.
AB910-ASA1,6,2020 4. On all taxable income exceeding $300,000,7.65 percent.
AB910-ASA1,15 21Section 15 . 71.06 (2) (L) of the statutes is created to read:
AB910-ASA1,6,2322 71.06 (2) (L) For married persons filing separately, for taxable years beginning
23after December 31, 2017:
AB910-ASA1,6,2424 1. On all taxable income from $0 to $5,000, 3.9 percent.
AB910-ASA1,7,2
12. On all taxable income exceeding $5,000 but not exceeding $12,500, 5.74
2percent.
AB910-ASA1,7,43 3. On all taxable income exceeding $12,500 but not exceeding $150,000, 6.27
4percent.
AB910-ASA1,7,55 4. On all taxable income exceeding $150,000, 7.65 percent.
AB910-ASA1,16 6Section 16 . 71.06 (2e) (a) of the statutes is amended to read:
AB910-ASA1,8,27 71.06 (2e) (a) For taxable years beginning after December 31, 1998, and before
8January 1, 2000, the maximum dollar amount in each tax bracket, and the
9corresponding minimum dollar amount in the next bracket, under subs. (1m) and (2)
10(c) and (d), and for taxable years beginning after December 31, 1999, and before
11January 1, 2018,
the maximum dollar amount in each tax bracket, and the
12corresponding minimum dollar amount in the next bracket, under subs. (1n), (1p) (a)
13to (c), (1q) (a) and (b), and (2) (e), (f), (g) 1. to 3., (h) 1. to 3., (i) 1. and 2., and (j) 1. and
142., shall be increased each year by a percentage equal to the percentage change
15between the U.S. consumer price index for all urban consumers, U.S. city average,
16for the month of August of the previous year and the U.S. consumer price index for
17all urban consumers, U.S. city average, for the month of August 1997, as determined
18by the federal department of labor, except that for taxable years beginning after
19December 31, 2000, and before January 1, 2002, the dollar amount in the top bracket
20under subs. (1p) (c) and (d), (2) (g) 3. and 4. and (h) 3. and 4. shall be increased by a
21percentage equal to the percentage change between the U.S. consumer price index
22for all urban consumers, U.S. city average, for the month of August of the previous
23year and the U.S. consumer price index for all urban consumers, U.S. city average,
24for the month of August 1999, as determined by the federal department of labor,
25except that for taxable years beginning after December 31, 2011, the adjustment may

1occur only if the resulting amount is greater than the corresponding amount that was
2calculated for the previous year.
AB910-ASA1,17 3Section 17 . 71.06 (2e) (b) of the statutes is amended to read:
AB910-ASA1,8,154 71.06 (2e) (b) For taxable years beginning after December 31, 2009, and before
5January 1, 2018,
the maximum dollar amount in each tax bracket, and the
6corresponding minimum dollar amount in the next bracket, under subs. (1p) (d), (1q)
7(c), and (2) (g) 4., (h) 4., (i) 3., and (j) 3., and the dollar amount in the top bracket under
8subs. (1p) (e), (1q) (d), and (2) (g) 5., (h) 5., (i) 4., and (j) 4., shall be increased each year
9by a percentage equal to the percentage change between the U.S. consumer price
10index for all urban consumers, U.S. city average, for the month of August of the
11previous year and the U.S. consumer price index for all urban consumers, U.S. city
12average, for the month of August 2008, as determined by the federal department of
13labor, except that for taxable years beginning after December 31, 2011, the
14adjustment may occur only if the resulting amount is greater than the corresponding
15amount that was calculated for the previous year.
AB910-ASA1,18 16Section 18 . 71.06 (2e) (bg) of the statutes is created to read:
AB910-ASA1,9,217 71.06 (2e) (bg) For taxable years beginning after December 31, 2017, the
18maximum dollar amount in each tax bracket, and the corresponding minimum dollar
19amount in the next bracket, under subs. (1r) and (2) (k) and (L) shall be increased
20each year by a percentage equal to the percentage change between the U.S. consumer
21price index for all urban consumers, U.S. city average, for the month of August of the
22previous year and the U.S. consumer price index for all urban consumers, U.S. city
23average, for the month of August 1997, as determined by the federal department of
24labor, except that for taxable years beginning after December 31, 2018, the

1adjustment may occur only if the resulting amount is greater than the corresponding
2amount that was calculated for the previous year.
AB910-ASA1,19 3Section 19 . 71.06 (2m) of the statutes is amended to read:
AB910-ASA1,9,74 71.06 (2m) Rate changes. If a rate under sub. (1), (1m), (1n), (1p), (1q), (1r),
5or (2) changes during a taxable year, the taxpayer shall compute the tax for that
6taxable year by the methods applicable to the federal income tax under section 15 of
7the Internal Revenue Code.
AB910-ASA1,20 8Section 20 . 71.06 (2s) (d) of the statutes is amended to read:
AB910-ASA1,9,229 71.06 (2s) (d) For taxable years beginning after December 31, 2000, with
10respect to nonresident individuals, including individuals changing their domicile
11into or from this state, the tax brackets under subs. (1p), (1q), (1r), and (2) (g), (h),
12(i), and (j), (k), and (L) shall be multiplied by a fraction, the numerator of which is
13Wisconsin adjusted gross income and the denominator of which is federal adjusted
14gross income. In this paragraph, for married persons filing separately “ adjusted
15gross income" means the separate adjusted gross income of each spouse, and for
16married persons filing jointly “adjusted gross income" means the total adjusted gross
17income of both spouses. If an individual and that individual's spouse are not both
18domiciled in this state during the entire taxable year, the tax brackets under subs.
19(1p), (1q), (1r), and (2) (g), (h), (i), and (j), (k), and (L) on a joint return shall be
20multiplied by a fraction, the numerator of which is their joint Wisconsin adjusted
21gross income and the denominator of which is their joint federal adjusted gross
22income.
AB910-ASA1,21 23Section 21. 71.08 (1) (d) of the statutes is amended to read:
AB910-ASA1,9,2524 71.08 (1) (d) Subtract from the amount under par. (c) the appropriate amount
25under section 55 (d) (1), (3), and (4) of the federal Internal Revenue Code in effect for

1the taxable year; except that surviving spouses shall be treated as single individuals;
2except that the amount under par. (c), not the federal alternative minimum taxable
3income, shall be used in calculating the phase-out and except that for nonresidents
4and part-year residents the amount under section 55 (d) (1), (3), and (4) of the federal
5Internal Revenue Code in effect for the taxable year shall be prorated on the basis
6of the ratio of Wisconsin adjusted gross income to federal adjusted gross income.
AB910-ASA1,22 7Section 22 . 71.125 (1) of the statutes is amended to read:
AB910-ASA1,10,118 71.125 (1) Except as provided in sub. (2), the tax imposed by this chapter on
9individuals and the rates under s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2) shall
10apply to the Wisconsin taxable income of estates or trusts, except nuclear
11decommissioning trust or reserve funds, and that tax shall be paid by the fiduciary.
AB910-ASA1,23 12Section 23 . 71.125 (2) of the statutes is amended to read:
AB910-ASA1,10,1713 71.125 (2) Each electing small business trust, as defined in section 1361 (e) (1)
14of the Internal Revenue Code, is subject to tax at the highest rate under s. 71.06 (1),
15(1m), (1n), (1p), or (1q), or (1r), whichever taxable year is applicable, on its income
16as computed under section 641 of the Internal Revenue Code, as modified by s. 71.05
17(6) to (12), (19) and (20).
AB910-ASA1,24 18Section 24 . 71.17 (6) of the statutes is amended to read:
AB910-ASA1,10,2219 71.17 (6) Funeral trusts. If a qualified funeral trust makes the election under
20section 685 of the Internal Revenue Code for federal income tax purposes, that
21election applies for purposes of this chapter and each trust shall compute its own tax
22and shall apply the rates under s. 71.06 (1), (1m), (1n), (1p), or (1q), or (1r).
AB910-ASA1,25 23Section 25 . 71.22 (4) (k) 1. of the statutes, as created by 2017 Wisconsin Act
2459
, is amended to read:
AB910-ASA1,11,5
171.22 (4) (k) 1. For taxable years beginning after December 31, 2016, and before
2January 1, 2018,
“Internal Revenue Code" means the federal Internal Revenue Code
3as amended to December 31, 2016, except as provided in subds. 2. and 3. and subject
4to subd. 4., and except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g),
571.42 (2), and 71.98.
AB910-ASA1,26 6Section 26. 71.22 (4) (k) 3. of the statutes, as created by 2017 Wisconsin Act
759
, is amended to read:
AB910-ASA1,11,118 71.22 (4) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
9not include amendments to the federal Internal Revenue Code enacted after
10December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
1111025, and 13543 of P.L. 115-97
.
AB910-ASA1,27 12Section 27 . 71.22 (4) (L) of the statutes is created to read:
AB910-ASA1,11,1613 71.22 (4) (L) 1. For taxable years beginning after December 31, 2017, “Internal
14Revenue Code" means the federal Internal Revenue Code as amended to December
1531, 2017, except as provided in subds. 2. and 3. and subject to subd. 4., and except
16as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g), 71.42 (2), and 71.98.
AB910-ASA1,12,917 2. For purposes of this paragraph, “Internal Revenue Code" does not include
18the following provisions of federal public laws for taxable years beginning after
19December 31, 2017: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
20106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
21109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
22P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
23110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
2415351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
25312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

11501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
2111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
3111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
4411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
5P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
6171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; and sections 11011,
713201 (a) to (e) and (g), 13206, 13301, 13801, 14101, 14102, 14103, 14201, 14202,
814211, 14212, 14213, 14214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401
9of P.L. 115-97.
AB910-ASA1,12,1110 3. For purposes of this paragraph, “Internal Revenue Code" does not include
11amendments to the federal Internal Revenue Code enacted after December 31, 2017.
AB910-ASA1,12,1412 4. For purposes of this paragraph, the provisions of federal public laws that
13directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
14apply for Wisconsin purposes at the same time as for federal purposes.
AB910-ASA1,28 15Section 28 . 71.22 (4m) (k) 1. of the statutes, as created by 2017 Wisconsin Act
1659
, is amended to read:
AB910-ASA1,12,2117 71.22 (4m) (k) 1. For taxable years beginning after December 31, 2016, and
18before January 1, 2018,
“Internal Revenue Code", for corporations that are subject
19to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
20Internal Revenue Code as amended to December 31, 2016, except as provided in
21subds. 2. and 3. and s. 71.98 and subject to subd. 4.
AB910-ASA1,29 22Section 29. 71.22 (4m) (k) 3. of the statutes, as created by 2017 Wisconsin Act
2359
, is amended to read:
AB910-ASA1,13,224 71.22 (4m) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
25not include amendments to the federal Internal Revenue Code enacted after

1December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
211025, and 13543 of P.L. 115-97
.
AB910-ASA1,30 3Section 30 . 71.22 (4m) (L) of the statutes is created to read:
AB910-ASA1,13,84 71.22 (4m) (L) 1. For taxable years beginning after December 31, 2017,
5“Internal Revenue Code", for corporations that are subject to a tax on unrelated
6business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
7amended to December 31, 2017, except as provided in subds. 2. and 3. and s. 71.98
8and subject to subd. 4.
AB910-ASA1,14,29 2. For purposes of this paragraph, “Internal Revenue Code" does not include
10the following provisions of federal public laws for taxable years beginning after
11December 31, 2017: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
12106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
13109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
14P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
15110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1615351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
17312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
181501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
19111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
20111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
21411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
22P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
23171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; and sections 11011,
2413201 (a) to (e) and (g), 13206, 13301, 13801, 14101, 14102, 14103, 14201, 14202,

114211, 14212, 14213, 14214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401
2of P.L. 115-97.
AB910-ASA1,14,43 3. For purposes of this paragraph, “Internal Revenue Code" does not include
4amendments to the federal Internal Revenue Code enacted after December 31, 2017.
AB910-ASA1,14,75 4. For purposes of this paragraph, the provisions of federal public laws that
6directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
7apply for Wisconsin purposes at the same time as for federal purposes.
AB910-ASA1,31 8Section 31 . 71.26 (2) (b) 11. a. of the statutes, as created by 2017 Wisconsin
9Act 59
, is amended to read:
AB910-ASA1,14,1810 71.26 (2) (b) 11. a. For taxable years beginning after December 31, 2016, and
11before January 1, 2018,
for a corporation, conduit, or common law trust which
12qualifies as a regulated investment company, real estate mortgage investment
13conduit, real estate investment trust, or financial asset securitization investment
14trust under the Internal Revenue Code, “net income" means the federal regulated
15investment company taxable income, federal real estate mortgage investment
16conduit taxable income, federal real estate investment trust or financial asset
17securitization investment trust taxable income of the corporation, conduit, or trust
18as determined under the Internal Revenue Code.
AB910-ASA1,32 19Section 32. 71.26 (2) (b) 11. d. of the statutes, as created by 2017 Wisconsin
20Act 59
, is amended to read:
AB910-ASA1,14,2421 71.26 (2) (b) 11. d. For purposes of subd. 11. a., “Internal Revenue Code" does
22not include amendments to the federal Internal Revenue Code enacted after
23December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
2411025, and 13543 of P.L. 115-97
.
AB910-ASA1,33 25Section 33 . 71.26 (2) (b) 12. of the statutes is created to read:
AB910-ASA1,15,8
171.26 (2) (b) 12. a. For taxable years beginning after December 31, 2017, for a
2corporation, conduit, or common law trust which qualifies as a regulated investment
3company, real estate mortgage investment conduit, real estate investment trust, or
4financial asset securitization investment trust under the Internal Revenue Code,
5“net income" means the federal regulated investment company taxable income,
6federal real estate mortgage investment conduit taxable income, federal real estate
7investment trust or financial asset securitization investment trust taxable income
8of the corporation, conduit, or trust as determined under the Internal Revenue Code.
AB910-ASA1,15,119 b. For purposes of subd. 12. a., “Internal Revenue Code" means the federal
10Internal Revenue Code as amended to December 31, 2017, except as provided in
11subd. 12. c. and d. and s. 71.98 and subject to subd. 12. e.
AB910-ASA1,16,412 c. For purposes of subd. 12. a., “Internal Revenue Code" does not include the
13following provisions of federal public laws for taxable years beginning after
14December 31, 2017: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
15106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
16109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
17P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
18110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1915351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
20312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
211501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
22111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
23111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
24411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
25P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

1171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; and sections 11011,
213201 (a) to (e) and (g), 13206, 13301, 13801, 14101, 14102, 14103, 14201, 14202,
314211, 14212, 14213, 14214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401
4of P.L. 115-97.
AB910-ASA1,16,65 d. For purposes of subd. 12. a., “Internal Revenue Code" does not include
6amendments to the federal Internal Revenue Code enacted after December 31, 2017.
AB910-ASA1,16,97 e. For purposes of subd. 12. a., the provisions of federal public laws that directly
8or indirectly affect the Internal Revenue Code, as defined in this subdivision, apply
9for Wisconsin purposes at the same time as for federal purposes.
AB910-ASA1,34 10Section 34. 71.26 (3) (j) of the statutes is amended to read:
AB910-ASA1,16,1811 71.26 (3) (j) Sections 243, 244, 245, 245A, 246 and 246A are excluded and
12replaced by the rule that corporations may deduct from income dividends received
13from a corporation with respect to its common stock if the corporation receiving the
14dividends owns, directly or indirectly, during the entire taxable year at least 70
15percent of the total combined voting stock of the payor corporation. In this
16paragraph, “dividends received" means gross dividends minus taxes on those
17dividends paid to a foreign nation and claimed as a deduction under this chapter. The
18same dividends may not be deducted more than once.
AB910-ASA1,35 19Section 35 . 71.34 (1g) (k) 1. of the statutes, as created by 2017 Wisconsin Act
2059
, is amended to read:
AB910-ASA1,16,2421 71.34 (1g) (k) 1. For taxable years beginning after December 31, 2016, and
22before January 1, 2018,
for tax option corporations, “Internal Revenue Code" means
23the federal Internal Revenue Code as amended to December 31, 2016, except as
24provided in subds. 2., 3., and 5. and s. 71.98 and subject to subd. 4.
AB910-ASA1,36
1Section 36. 71.34 (1g) (k) 3. of the statutes, as created by 2017 Wisconsin Act
259
, is amended to read:
AB910-ASA1,17,63 71.34 (1g) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
4not include amendments to the federal Internal Revenue Code enacted after
5December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
611025, and 13543 of P.L. 115-97
.
AB910-ASA1,37 7Section 37 . 71.34 (1g) (L) of the statutes is created to read:
AB910-ASA1,17,118 71.34 (1g) (L) 1. For taxable years beginning after December 31, 2017, for tax
9option corporations, “Internal Revenue Code" means the federal Internal Revenue
10Code as amended to December 31, 2017, except as provided in subds. 2., 3., and 5. and
11s. 71.98 and subject to subd. 4.
AB910-ASA1,18,412 2. For purposes of this paragraph, “Internal Revenue Code" does not include
13the following provisions of federal public laws for taxable years beginning after
14December 31, 2017: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
15106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
16109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
17P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
18110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1915351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
20312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
211501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
22111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
23111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
24411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
25P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

1171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; and sections 11011,
213201 (a) to (e) and (g), 13206, 13301, 13801, 14101, 14102, 14103, 14201, 14202,
314211, 14212, 14213, 14214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401
4of P.L. 115-97.
AB910-ASA1,18,65 3. For purposes of this paragraph, “Internal Revenue Code" does not include
6amendments to the federal Internal Revenue Code enacted after December 31, 2017.
AB910-ASA1,18,97 4. For purposes of this paragraph, the provisions of federal public laws that
8directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
9apply for Wisconsin purposes at the same time as for federal purposes
AB910-ASA1,18,13105. For purposes of this paragraph, section 1366 (f) of the Internal Revenue Code
11(relating to pass-through of items to shareholders) is modified by substituting the
12tax under s. 71.35 for the taxes under sections 1374 and 1375 of the Internal Revenue
13Code.
AB910-ASA1,38 14Section 38 . 71.42 (2) (k) 1. of the statutes, as created by 2017 Wisconsin Act
1559
, is amended to read:
AB910-ASA1,18,1916 71.42 (2) (k) 1. For taxable years beginning after December 31, 2016, and before
17January 1, 2018,
“Internal Revenue Code" means the federal Internal Revenue Code
18as amended to December 31, 2016, except as provided in subds. 2. to 4. and s. 71.98
19and subject to subd. 5.
AB910-ASA1,39 20Section 39. 71.42 (2) (k) 3. of the statutes, as created by 2017 Wisconsin Act
2159
, is amended to read:
AB910-ASA1,18,2522 71.42 (2) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
23not include amendments to the federal Internal Revenue Code enacted after
24December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
2511025, and 13543 of P.L. 115-97
.
AB910-ASA1,40
1Section 40. 71.42 (2) (L) of the statutes is created to read:
AB910-ASA1,19,42 71.42 (2) (L) 1. For taxable years beginning after December 31, 2017, “Internal
3Revenue Code" means the federal Internal Revenue Code as amended to December
431, 2017, except as provided in subds. 2. to 4. and s. 71.98 and subject to subd. 5.
AB910-ASA1,19,225 2. For purposes of this paragraph, “Internal Revenue Code" does not include
6the following provisions of federal public laws for taxable years beginning after
7December 31, 2017: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
8106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
9109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
10P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
11110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1215351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
13312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
141501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
15111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
16111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
17411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
18P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
19171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; and sections 11011,
2013201 (a) to (e) and (g), 13206, 13301, 13801, 14101, 14102, 14103, 14201, 14202,
2114211, 14212, 14213, 14214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401
22of P.L. 115-97.
AB910-ASA1,19,2423 3. For purposes of this paragraph, “Internal Revenue Code" does not include
24amendments to the federal Internal Revenue Code enacted after December 31, 2017.
AB910-ASA1,20,2
14. For purposes of this paragraph, “Internal Revenue Code" does not include
2section 847 of the federal Internal Revenue Code.
AB910-ASA1,20,53 5. For purposes of this paragraph, the provisions of federal public laws that
4directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
5apply for Wisconsin purposes at the same time as for federal purposes.
AB910-ASA1,41 6Section 41 . 71.64 (9) (b) (intro.) of the statutes is amended to read:
AB910-ASA1,20,107 71.64 (9) (b) (intro.) The department shall from time to time adjust the
8withholding tables to reflect any changes in income tax rates, any applicable surtax
9or any changes in dollar amounts in s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2)
10resulting from statutory changes, except as follows:
AB910-ASA1,42 11Section 42 . 71.67 (5) (a) of the statutes is amended to read:
AB910-ASA1,20,1712 71.67 (5) (a) Wager winnings. A person holding a license to sponsor and
13manage races under s. 562.05 (1) (b) or (c) shall withhold from the amount of any
14payment of pari-mutuel winnings under s. 562.065 (3) (a) or (3m) (a) an amount
15determined by multiplying the amount of the payment by the highest rate applicable
16to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), or (1q), or (1r) if the amount
17of the payment is more than $1,000.
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