Amendment ASA2-AB150

AB150-ASA2,4,24 71.28 (2m) (c) 1. Any claimant may claim against taxes otherwise due under this chapter 10% 75% of the property taxes accrued in the taxable year to which the claim relates, up to a maximum claim of $1,000, except that the credit under this subsection plus the credit under subch. IX may not exceed 95% of the property taxes accrued on the farm.

AB150-ASA2, s. 12 Section 12. 71.28 (3) (a) 1. of the statutes is amended to read:

AB150-ASA2,5,2 71.28 (3) (a) 1. "Manufacturing" has the meaning given in s. 77.54 (6m), 1993 stats.

AB150-ASA2, s. 13 Section 13. 71.36 (1m) of the statutes is amended to read:

AB150-ASA2,5,20 71.36 (1m) A tax-option corporation may deduct from its net income all amounts included in the Wisconsin adjusted gross income of its shareholders, the capital gain deduction under s. 71.05 (6) (b) 9 and all amounts not taxable to nonresident shareholders under ss. 71.04 (1) and (4) to (9) and 71.362. For purposes of this subsection, interest on federal obligations is not included in shareholders' income. The proportionate share of the net loss of a tax-option corporation shall be attributed and made available to shareholders on a Wisconsin basis but subject to the limitation and carry-over rules as prescribed by section 1366 (d) of the internal revenue code. Net operating losses of the corporation to the extent attributed or made available to a shareholder may not be used by the corporation for further tax benefit. For purposes of computing the Wisconsin adjusted gross income of shareholders, tax-option items shall be reported by the shareholders and those tax-option items, including capital gains and losses, shall retain the character they would have if attributed to the corporation, including their character as business income. In computing the tax liability of a shareholder, no credit against gross tax that would be available to the tax-option corporation if it were a nontax-option corporation may be claimed.

AB150-ASA2, s. 14 Section 14. 71.47 (2m) (c) 1. of the statutes is amended to read:

AB150-ASA2,6,2 71.47 (2m) (c) 1. Any claimant may claim against taxes otherwise due under this chapter 10% 75% of the property taxes accrued in the taxable year to which the claim relates, up to a maximum claim of $1,000, except that the credit under this subsection plus the credit under subch. IX may not exceed 95% of the property taxes accrued on the farm.

AB150-ASA2, s. 15 Section 15. 71.47 (3) (a) 1. of the statutes is amended to read:

AB150-ASA2,6,5 71.47 (3) (a) 1. "Manufacturing" has the meaning given in s. 77.54 (6m), 1993 stats.

AB150-ASA2, s. 16 Section 16. 73.0305 of the statutes is repealed.

AB150-ASA2, s. 17 Section 17. 77.51 (4) (b) 3. of the statutes is amended to read:

AB150-ASA2,6,12 77.51 (4) (b) 3. In all transactions in which an article of tangible personal property, except an automobile or truck, is traded toward the purchase of an article of greater value, the gross receipts shall be only that portion of the purchase price represented by the difference between the full purchase price of the article of greater value and the amount allowed for the article traded.

AB150-ASA2, s. 18 Section 18. 77.51 (15) (b) 4. of the statutes is amended to read:

AB150-ASA2,6,18 77.51 (15) (b) 4. In all transactions in which an article of tangible personal property, except an automobile or truck, is traded toward the purchase of an article of greater value, the sales price shall be only that portion of the purchase price represented by the difference between the full purchase price of the article of greater value and the amount allowed for the article traded.

AB150-ASA2, s. 19 Section 19. 77.52 (2) (a) 5. of the statutes is amended to read:

AB150-ASA2,6,23 77.52 (2) (a) 5. The sale of telecommunications services , not including services paid for by the insertion of coins in a coin-operated telephone, that originate in this state and are charged to a service address in this state, regardless of the location where that charge is billed or paid.

AB150-ASA2, s. 20 Section 20. 77.52 (2) (a) 6. of the statutes is amended to read:

AB150-ASA2,7,4 77.52 (2) (a) 6. Laundry, dry cleaning, pressing and dyeing services, except when performed on raw materials or goods in process destined for sale, except when performed on cloth diapers by a diaper service and except when the service is performed by the customer through the use of coin-operated, self-service machines.

AB150-ASA2, s. 21 Section 21. 77.52 (2) (a) 21. of the statutes is created to read:

AB150-ASA2,7,12 77.52 (2) (a) 21. Legal services and related legal services, including but not limited to legal advice and counseling services; tax counseling services; research; appearing before administrative agencies and court; litigation; drafting legal papers; preparing tax returns; negotiation; mediation and arbitration services; collection services; notarizing papers; lobbying; reporting and transcribing services; investigation services; abstracting and title services; and acting as a personal representative, guardian or conservator of a person's property or estate.

AB150-ASA2, s. 22 Section 22. 77.52 (2) (a) 22. of the statutes is created to read:

AB150-ASA2,7,15 77.52 (2) (a) 22. Notwithstanding subd. 10., the amount charged for labor and service used in installing floor covering in real property.

AB150-ASA2, s. 23 Section 23. 77.52 (2) (a) 24. of the statutes is created to read:

AB150-ASA2,7,17 77.52 (2) (a) 24. Repair and construction services performed on real property.

AB150-ASA2, s. 24 Section 24. 77.52 (2) (a) 25. of the statutes is created to read:

AB150-ASA2,7,20 77.52 (2) (a) 25. Telephone answering, paging, voice messaging and voice mail services.

AB150-ASA2, s. 25 Section 25. 77.52 (2) (a) 26. of the statutes is created to read:

AB150-ASA2,7,22 77.52 (2) (a) 26. Background music and wired music services.

AB150-ASA2, s. 26 Section 26. 77.52 (2) (a) 28. of the statutes is created to read:

AB150-ASA2,8,4 77.52 (2) (a) 28. Janitorial and cleaning services, including but not limited to stripping, refinishing, vacuuming, shampooing, washing, dusting, polishing, sanitizing, dyeing and waxing of equipment, carpets, walls, floors, ceilings, plumbing fixtures, motor vehicles or any other property; cleaning windows; snow plowing and removal; smoke damage restoration and emptying containers but not including garbage collection and removal.

AB150-ASA2, s. 27 Section 27. 77.52 (2) (a) 29. of the statutes is created to read:

AB150-ASA2,8,11 77.52 (2) (a) 29. Protective services, including but not limited to guarding; crowd control; shoplifting protection; patrolling; nightwatch or personal protection services; monitoring of mechanical protection devices such as burglar and fire alarm systems, door access control systems and closed circuit television systems; armored car and bonded courier services; burglary protection services; fur storage; and clothes and baggage checking for safekeeping.

AB150-ASA2, s. 28 Section 28. 77.52 (2) (a) 30. of the statutes is created to read:

AB150-ASA2,8,16 77.52 (2) (a) 30. Disinfecting and exterminating services, including but not limited to disinfecting buildings and other real and personal property; exterminating insects, rodents, termites and other pests; bird proofing; deodorizing or cleaning rest rooms; washroom sanitation services; and fumigating services.

AB150-ASA2, s. 29 Section 29. 77.52 (2) (a) 31. of the statutes is created to read:

AB150-ASA2,8,23 77.52 (2) (a) 31. Interior design and decorating services, including but not limited to layout, design and installation of drapery, furniture, equipment and accessories; layout and design of carpets; color coordination services; finishes and accessories specification services; space planning; paperhanging, painting, carpet repair; disaster cleanup; and remodeling or new construction design services of interiors of buildings.

AB150-ASA2, s. 30 Section 30. 77.52 (2) (a) 32. of the statutes is created to read:

AB150-ASA2,9,5 77.52 (2) (a) 32. Credit rating and collection services, including but not limited to collection by a central agency; mercantile, government or consumer credit reporting; financial rating services; collection or adjustment of claims; services provided by collection agencies, credit rating agencies, credit bureaus and credit reporting agencies relating to collection of money or property; and credit reports.

AB150-ASA2, s. 31 Section 31. 77.52 (2) (a) 33. of the statutes is created to read:

AB150-ASA2,9,22 77.52 (2) (a) 33. Business management, public relations and business consulting services, including but not limited to business research services; business organizing, merger, acquisition and reorganization services; economic research services; efficiency expert services; financial management services; industrial and commercial development planning services; industrial management services; lobbying; management consulting services; management engineering services; market analysis or research services; merchandising services; counseling services; motel and commercial management services; operations research, opinion and training consulting services; personnel management services; personnel training and consulting; planning consultant services; programmed instruction services; site locator services; surveys for location of businesses; personnel supply services; research and development laboratory services; systems engineering; systems research and development; testing services for education of personnel; traffic consulting services; product consulting; human resources development; career planning; communications and human relations training and development; and personnel benefits, compensation and classification consulting services.

AB150-ASA2, s. 32 Section 32. 77.52 (2) (a) 34. of the statutes is created to read:

AB150-ASA2,9,25 77.52 (2) (a) 34. Services rendered in real estate practice, as defined in s. 452.01 (6).

AB150-ASA2, s. 33 Section 33. 77.52 (2) (a) 35. of the statutes is created to read:

AB150-ASA2,10,9 77.52 (2) (a) 35. Architectural, engineering and surveying services, and other related services, including but not limited to designing landscapes, products, machinery, the interior and exterior of buildings and other property; industrial, civil, electrical, mechanical, design, marine, petroleum, photogrammetric, lighting, heating, air conditioning, ventilating, energy, plumbing, structural, sound, safety, sanitary, water, hydraulic, pollution control, solar and chemical engineering services; land, water and aerial surveying; soil borings; soil and concrete testing; foundation investigations; and percolation testing.

AB150-ASA2, s. 34 Section 34. 77.52 (2) (a) 36. of the statutes is created to read:

AB150-ASA2,10,17 77.52 (2) (a) 36. Accounting and related accounting services, including but not limited to auditing; bookkeeping; analyzing records, systems and statements; accounting advice and counseling services; tax counseling services; preparing accounting books and records, financial statements and tax returns; designing, implementing or converting record-keeping systems; financial planning; management and advisory services; appearing before administrative agencies; and lobbying.

AB150-ASA2, s. 35 Section 35. 77.52 (2) (a) 37. of the statutes is created to read:

AB150-ASA2,11,6 77.52 (2) (a) 37. Automatic data processing, computer and related services, including but not limited to addressing materials; analyzing; coding; computing; consulting; designing, implementing or converting systems; keypunching; keystroke verifying; programming and all charges for programs or software whether or not transferred in a tangible form, including program storage and maintenance; preparing financial statements and tax returns; preparing labels; printing; processing data, including receiving source documents, recording data in machine readable form, making corrections, rearranging or creating new information as the result of the processing; providing tabulated listings or recording output on other media; summarizing, computing, extracting, sorting, sequencing or updating a continuous file of information; proof listing; reformatting of data; tabulating; and time-sharing of equipment or computers through remote access by telephone lines, microwave or other means.

AB150-ASA2, s. 36 Section 36. 77.52 (2) (a) 38. of the statutes is created to read:

AB150-ASA2,11,15 77.52 (2) (a) 38. Trust services and financial services for customers of financial institutions, including but not limited to services provided by banks, savings and loan associations or credit unions in connection with a periodic analysis, summary or report of a person's checking, share draft or similar account subject to a written order directing the institution to pay money as instructed; savings account services; services of issuing traveler's checks, cashier's checks and money orders; safety deposit box rental; and trust services by a trust company or other financial institution.

AB150-ASA2, s. 37 Section 37. 77.52 (2) (a) 39. of the statutes is created to read:

AB150-ASA2,11,20 77.52 (2) (a) 39. Services related to or performed on animals, including but not limited to veterinary services provided to nonfarm animals and boarding, medical, training, grooming, clipping, burial, breeding, training record, breeding record and pedigree record service.

AB150-ASA2, s. 38 Section 38. 77.52 (2) (a) 40. of the statutes is created to read:

AB150-ASA2,12,9 77.52 (2) (a) 40. Amusement, athletic, entertainment, recreational, exercise or self-improvement services and instructions, including but not limited to massage services; escort services, dating services, services furnished in saunas, whirlpool baths, suntan booths, turkish baths, nautilus, swimming pools, health and beauty spas, gymnasiums, racquetball courts, handball courts, tennis courts; physical culture counseling; physical fitness services; quit smoking and aerobic services; weight control or reduction classes; slenderizing and reducing salons, dancing services and dancing instruction; exercise programs; and martial arts classes and physical training classes. Membership fees, initiation fees and any other amounts required to be paid for the privilege of membership or participation in the activities are taxable, except that tuition paid to elementary or secondary schools or to public or private institutions of higher education by students enrolled in credit courses leading toward a degree is not taxable.

AB150-ASA2, s. 39 Section 39. 77.52 (2) (a) 41. of the statutes is created to read:

AB150-ASA2,12,11 77.52 (2) (a) 41. Addressing, mailing, packaging and labeling services.

AB150-ASA2, s. 40 Section 40. 77.52 (2) (a) 46. of the statutes is created to read:

AB150-ASA2,12,13 77.52 (2) (a) 46. Services provided by automotive and travel clubs.

AB150-ASA2, s. 41 Section 41. 77.52 (2) (a) 48. of the statutes is created to read:

AB150-ASA2,12,21 77.52 (2) (a) 48. Barber and cosmetologist services, including but not limited to arranging, dressing, curling, waving, cleansing, cutting, bleaching, coloring or similar work upon the hair of any person by any means, with hands or mechanical apparatus, or by the use of cosmetic preparations, antiseptics, tonics, lotions, creams or otherwise; massaging, cleansing, stimulating, manipulating, exercising, beautifying or similar work upon the scalp, face, neck, shoulders or hands; manicuring the nails; removal of hair; shaving; and hair piece or wig care.

AB150-ASA2, s. 42 Section 42. 77.52 (2) (a) 51. of the statutes is created to read:

AB150-ASA2,12,24 77.52 (2) (a) 51. Secretarial services; including typing, word processing, resume writing and court reporting services.

AB150-ASA2, s. 43 Section 43. 77.52 (2) (a) 52. of the statutes is created to read:

AB150-ASA2,13,1 77.52 (2) (a) 52. Live musical services.

AB150-ASA2, s. 44 Section 44. 77.52 (2) (a) 53. of the statutes is created to read:

AB150-ASA2,13,4 77.52 (2) (a) 53. Personnel supply services; including employment agency services and help supply services.

AB150-ASA2, s. 45 Section 45. 77.52 (2) (a) 54. of the statutes is created to read:

AB150-ASA2,13,7 77.52 (2) (a) 54. Promotional display and advertising, including direct mail advertising, services.

AB150-ASA2, s. 46 Section 46. 77.52 (2) (a) 55. of the statutes is created to read:

AB150-ASA2,13,10 77.52 (2) (a) 55. Services provided by business and fraternal associations and paid for by dues.

AB150-ASA2, s. 47 Section 47. 77.52 (2) (a) 56. of the statutes is created to read:

AB150-ASA2,13,14 77.52 (2) (a) 56. Other business services not elsewhere classified, as specified in industry number 7389 of the standard industrial classification manual, 1987 edition, published by the federal office of management and budget.

AB150-ASA2, s. 48 Section 48. 77.52 (2) (a) 57. of the statutes is created to read:

AB150-ASA2,13,16 77.52 (2) (a) 57. Farm machinery and equipment repair services.

AB150-ASA2, s. 49 Section 49. 77.52 (2) (a) 58. of the statutes is created to read:

AB150-ASA2,13,18 77.52 (2) (a) 58. Sewerage and water softening services.

AB150-ASA2, s. 50 Section 50. 77.52 (2) (a) 59. of the statutes is created to read:

AB150-ASA2,13,21 77.52 (2) (a) 59. Motion picture and television production and distribution services.

AB150-ASA2, s. 51 Section 51. 77.52 (2) (a) 60. of the statutes is created to read:

AB150-ASA2,13,23 77.52 (2) (a) 60. News syndication services.

AB150-ASA2, s. 52 Section 52. 77.52 (2) (a) 61. of the statutes is created to read:

AB150-ASA2,14,2 77.52 (2) (a) 61. Research, development, testing, and scientific and related consulting services.

AB150-ASA2, s. 53 Section 53. 77.52 (2) (a) 62. of the statutes is created to read:

AB150-ASA2,14,4 77.52 (2) (a) 62. Services performed by funeral parlors.

AB150-ASA2, s. 54 Section 54. 77.52 (2) (a) 63. of the statutes is created to read:

AB150-ASA2,14,6 77.52 (2) (a) 63. Tax preparation services.

AB150-ASA2, s. 55 Section 55. 77.52 (2) (a) 64. of the statutes is created to read:

AB150-ASA2,14,8 77.52 (2) (a) 64. The furnishing of real property for nonresidential use.

AB150-ASA2, s. 56 Section 56. 77.54 (2m) of the statutes is amended to read: