ATCP 163.20(6)
(6) "Milk" means the lacteal secretion of cows, sheep or goats.
ATCP 163.20 History
History: EmR0802: emerg. cr. eff. 2-4-08;
CR 08-031: cr.
Register October 2008 No. 634, eff. 11-1-08;
CR 10-008: r. (6), renum. (1) to (5) to be (2) to (6), cr. (1)
Register August 2010 No. 656, eff. 9-1-10; correction in (4) made under s.
13.92 (4) (b) 6., Stats.,
Register October 2011 No. 670.
ATCP 163.30
ATCP 163.30
Applying for certification and allocation. ATCP 163.30(1)(a)
(a) A taxpayer or one of the following entities may apply for a certification and an allocation for a dairy manufacturing facility investment credit:
ATCP 163.30(1)(b)
(b) A "taxpayer" or the "entities" in
par. (a) may include either the operator of a dairy manufacturing operation, or an owner of a building or facility in which the operation occurs.
ATCP 163.30(2)
(2) Application to the department for a certification and an allocation of the credit shall be made on a valid, department-prescribed form, listing the applicant's eligible expenses for the project.
ATCP 163.30 Note
Note: The application form that is currently valid can be obtained from the Department of Agriculture, Trade and Consumer Protection at P.O. Box 8911, Madison, WI 53708-8911.
ATCP 163.30(3)(a)(a) Each application shall include all of the following information:
ATCP 163.30(3)(a)1.
1. A description of the business operations of the applicant, in relation to the project.
ATCP 163.30(3)(a)4.
4. Any other information that the department deems is necessary to evaluate applications and allocate available tax credits.
ATCP 163.30(3)(b)
(b) No application may include costs incurred in taxable years beginning on or after January 1, 2015.
ATCP 163.30(4)
(4) Each application shall be completed and either postmarked or delivered to the department no sooner than upon completion of the taxable year in which the costs listed in the application were incurred and no later than February 15 of the subsequent taxable year, unless this deadline is extended by the department.
ATCP 163.30 History
History: EmR0802: emerg. cr. eff. 2-4-08;
CR 08-031: cr.
Register October 2008 No. 634, eff. 11-1-08;
CR 10-008: am. (1), (2) and (4)
Register August 2010 No. 656, eff. 9-1-10.
ATCP 163.40
ATCP 163.40
Certifications for applicants, and allocation of tax credits. ATCP 163.40(2)
(2) In conjunction with issuing a certification for an applicant, the department shall determine the maximum amount of tax credit that the applicant may either claim or distribute to its partners, members or shareholders.
ATCP 163.40 Note
Note: Under chapter 71, Stats., the aggregate amount of credits that a taxpayer may claim under this chapter is $200,000; except that partnerships, limited liability companies, tax-option corporations, dairy cooperatives and other multiple-owner entities are limited to $200,000 for each of their dairy manufacturing facilities.
ATCP 163.40(3)(a)(a) Due to the $600,000 and $700,000 maximum totals established in s.
93.535 (2), Stats., for allocations in fiscal years 2007-08 and thereafter, respectively, the department may allocate the tax credits in a manner that the department believes is most likely to promote economic development.
ATCP 163.40(3)(b)
(b) In determining the allocation of tax credits under
par. (a), the department shall consider the following:
ATCP 163.40(3)(b)2.
2. The salaries, wages and other employee benefits of the jobs created by the project.
ATCP 163.40(3)(b)4.
4. The extent to which the area served by the project is economically distressed.
ATCP 163.40(3)(c)
(c) The department may prorate some or all of the allocations in order to broaden the potential for promoting economic development and addressing the criteria in
par. (b).
ATCP 163.40 History
History: EmR0802: emerg. cr. eff. 2-4-08;
CR 08-031: cr.
Register October 2008 No. 634, eff. 11-1-08;
CR 10-008: am. (title), (1) and (2)
Register August 2010 No. 656, eff. 9-1-10; correction in (1), (3) (a) made under s.
13.92 (4) (b) 7., Stats.,
Register October 2011 No. 670.
ATCP 163.50
ATCP 163.50
Notifications. Following completion of the certifications and allocations in
s. ATCP 163.40, the department shall notify each applicant of the outcome of their application — and shall notify the department of revenue of every certification issued under this chapter, and the amount of the tax credit allocated to the applicant.
ATCP 163.50 History
History: EmR0802: emerg. cr. eff. 2-4-08;
CR 08-031: cr.
Register October 2008 No. 634, eff. 11-1-08;
CR 10-008: am.
Register August 2010 No. 656, eff. 9-1-10; correction made under s.
13.92 (4) (b) 7., Stats.,
Register October 2011 No. 670.
ATCP 163.60(1)(1) A taxpayer may file for a tax credit under this chapter using forms acceptable to the department of revenue.
ATCP 163.60(2)
(2) A dairy manufacturing facility investment credit claim from a member of a certified dairy cooperative shall include a determination from the cooperative, specifying the amount of the credit the member may claim, based on the amount of milk the member delivered to the cooperative.
ATCP 163.60 History
History: EmR0802: emerg. cr. eff. 2-4-08;
CR 08-031: cr.
Register October 2008 No. 634, eff. 11-1-08;
CR 10-008: am. (1), r. and recr. (2)
Register August 2010 No. 656, eff. 9-1-10.
