AB100-engrossed,1086,1010 1. On all taxable income from $0 to $7,500, 4.85%.
AB100-engrossed,1086,1111 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 6.48%.
AB100-engrossed,1086,1212 3. On all taxable income exceeding $15,000, 6.87%.
AB100-engrossed,1086,1413 (b) For taxable years beginning after December 31, 1998, and before January
141, 2000:
AB100-engrossed,1086,1515 1. On all taxable income from $0 to $7,500, 4.80%.
AB100-engrossed,1086,1616 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 6.42%.
AB100-engrossed,1086,1717 3. On all taxable income exceeding $15,000, 6.79%.
AB100-engrossed,1086,1918 (c) For taxable years beginning after December 31, 1999, and before January
191, 2001:
AB100-engrossed,1086,2020 1. On all taxable income from $0 to $7,500, 4.75%.
AB100-engrossed,1086,2121 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 6.35%.
AB100-engrossed,1086,2222 3. On all taxable income exceeding $15,000, 6.72%.
AB100-engrossed,1086,2423 (d) For taxable years beginning after December 31, 2000, and before January
241, 2002:
AB100-engrossed,1086,2525 1. On all taxable income from $0 to $7,500, 4.70%.
AB100-engrossed,1087,1
12. On all taxable income exceeding $7,500 but not exceeding $15,000, 6.29%.
AB100-engrossed,1087,22 3. On all taxable income exceeding $15,000, 6.65%.
AB100-engrossed,1087,33 (e) For taxable years beginning after December 31, 2001:
AB100-engrossed,1087,44 1. On all taxable income from $0 to $7,500, 4.66%.
AB100-engrossed,1087,55 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 6.22%.
AB100-engrossed,1087,66 3. On all taxable income exceeding $15,000, 6.58%.
AB100-engrossed, s. 2261eg 7Section 2261eg. 71.06 (2) (intro.) of the statutes is amended to read:
AB100-engrossed,1087,118 71.06 (2) Married persons. (intro.) The tax to be assessed, levied and collected
9upon the taxable incomes of all married persons for calendar year 1987 and
10corresponding fiscal years and for calendar and fiscal years thereafter
shall be
11computed at the following rates:
AB100-engrossed, s. 2261ei 12Section 2261ei. 71.06 (2) (a) (intro.) of the statutes is amended to read:
AB100-engrossed,1087,1413 71.06 (2) (a) (intro.) For joint returns, for taxable years beginning after July
1431, 1986, and before January 1, 1998
:
AB100-engrossed, s. 2261ek 15Section 2261ek. 71.06 (2) (b) (intro.) of the statutes is amended to read:
AB100-engrossed,1087,1716 71.06 (2) (b) (intro.) For married persons filing separately, for taxable years
17beginning after July 31, 1986, and before January 1, 1998
:
AB100-engrossed, s. 2261eL 18Section 2261eL. 71.06 (2) (c) of the statutes is created to read:
AB100-engrossed,1087,1919 71.06 (2) (c) For joint returns:
AB100-engrossed,1087,2120 1. For taxable years beginning after December 31, 1997, and before January
211, 1999:
AB100-engrossed,1087,2222 a. On all taxable income from $0 to $10,000, 4.85%.
AB100-engrossed,1087,2323 b. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.48%.
AB100-engrossed,1087,2424 c. On all taxable income exceeding $20,000, 6.87%.
AB100-engrossed,1088,2
12. For taxable years beginning after December 31, 1998, and before January
21, 2000:
AB100-engrossed,1088,33 a. On all taxable income from $0 to $10,000, 4.80%.
AB100-engrossed,1088,44 b. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.42%.
AB100-engrossed,1088,55 c. On all taxable income exceeding $20,000, 6.79%.
AB100-engrossed,1088,76 3. For taxable years beginning after December 31, 1999, and before January
71, 2001:
AB100-engrossed,1088,88 a. On all taxable income from $0 to $10,000, 4.75%.
AB100-engrossed,1088,99 b. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.35%.
AB100-engrossed,1088,1010 c. On all taxable income exceeding $20,000, 6.72%.
AB100-engrossed,1088,1211 4. For taxable years beginning after December 31, 2000, and before January
121, 2002:
AB100-engrossed,1088,1313 a. On all taxable income from $0 to $10,000, 4.70%.
AB100-engrossed,1088,1414 b. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.29%.
AB100-engrossed,1088,1515 c. On all taxable income exceeding $20,000, 6.65%.
AB100-engrossed,1088,1616 5. For taxable years beginning after December 31, 2001:
AB100-engrossed,1088,1717 a. On all taxable income from $0 to $10,000, 4.66%.
AB100-engrossed,1088,1818 b. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.22%.
AB100-engrossed,1088,1919 c. On all taxable income exceeding $20,000, 6.58%.
AB100-engrossed, s. 2261em 20Section 2261em. 71.06 (2) (d) of the statutes is created to read:
AB100-engrossed,1088,2121 71.06 (2) (d) For married persons filing separately:
AB100-engrossed,1088,2322 1. For taxable years beginning after December 31, 1997, and before January
231, 1999:
AB100-engrossed,1088,2424 a. On all taxable income from $0 to $5,000, 4.85%.
AB100-engrossed,1088,2525 b. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.48%.
AB100-engrossed,1089,1
1c. On all taxable income exceeding $10,000, 6.87%.
AB100-engrossed,1089,32 2. For taxable years beginning after December 31, 1998, and before January
31, 2000:
AB100-engrossed,1089,44 a. On all taxable income from $0 to $5,000, 4.80%.
AB100-engrossed,1089,55 b. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.42%.
AB100-engrossed,1089,66 c. On all taxable income exceeding $10,000, 6.79%.
AB100-engrossed,1089,87 3. For taxable years beginning after December 31, 1999, and before January
81, 2001:
AB100-engrossed,1089,99 a. On all taxable income from $0 to $5,000, 4.75%.
AB100-engrossed,1089,1010 b. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.35%.
AB100-engrossed,1089,1111 c. On all taxable income exceeding $10,000, 6.72%.
AB100-engrossed,1089,1312 4. For taxable years beginning after December 31, 2000, and before January
131, 2002:
AB100-engrossed,1089,1414 a. On all taxable income from $0 to $5,000, 4.70%.
AB100-engrossed,1089,1515 b. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.29%.
AB100-engrossed,1089,1616 c. On all taxable income exceeding $10,000, 6.65%.
AB100-engrossed,1089,1717 5. For taxable years beginning after December 31, 2001:
AB100-engrossed,1089,1818 a. On all taxable income from $0 to $5,000, 4.66%.
AB100-engrossed,1089,1919 b. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.22%.
AB100-engrossed,1089,2020 c. On all taxable income exceeding $10,000, 6.58%.
AB100-engrossed, s. 2261eo 21Section 2261eo. 71.06 (2m) of the statutes is amended to read:
AB100-engrossed,1089,2522 71.06 (2m) Rate changes. If a rate under sub. (1), (1m) or (2) changes during
23a taxable year, the taxpayer shall compute the tax for that taxable year by the
24methods applicable to the federal income tax under section 15 of the internal revenue
25code.
AB100-engrossed, s. 2261f
1Section 2261f. 71.06 (2s) of the statutes is created to read:
AB100-engrossed,1090,142 71.06 (2s) Nonresidents and part-year residents. For taxable years
3beginning after December 31, 1996, with respect to nonresident individuals,
4including individuals changing their domicile into or from this state, the tax brackets
5under subs. (1) and (2) shall be multiplied by a fraction, the numerator of which is
6Wisconsin adjusted gross income and the denominator of which is federal adjusted
7gross income. In this subsection, for married persons filing separately "adjusted
8gross income" means the separate adjusted gross income of each spouse, and for
9married persons filing jointly "adjusted gross income" means the total adjusted gross
10income of both spouses. If an individual and that individual's spouse are not both
11domiciled in this state during the entire taxable year, the tax brackets under subs.
12(1) and (2) on a joint return shall be multiplied by a fraction, the numerator of which
13is their joint Wisconsin adjusted gross income and the denominator of which is their
14joint federal adjusted gross income.
AB100-engrossed, s. 2261fm 15Section 2261fm. 71.06 (2s) of the statutes, as created by 1997 Wisconsin Act
16.... (this act), is renumbered 71.06 (2s) (a) and amended to read:
AB100-engrossed,1091,417 71.06 (2s) (a) For taxable years beginning after December 31, 1996, and ending
18before January 1, 1998,
with respect to nonresident individuals, including
19individuals changing their domicile into or from this state, the tax brackets under
20subs. (1) and (2) shall be multiplied by a fraction, the numerator of which is
21Wisconsin adjusted gross income and the denominator of which is federal adjusted
22gross income. In this subsection paragraph, for married persons filing separately
23"adjusted gross income" means the separate adjusted gross income of each spouse,
24and for married persons filing jointly "adjusted gross income" means the total
25adjusted gross income of both spouses. If an individual and that individual's spouse

1are not both domiciled in this state during the entire taxable year, the tax brackets
2under subs. (1) and (2) on a joint return shall be multiplied by a fraction, the
3numerator of which is their joint Wisconsin adjusted gross income and the
4denominator of which is their joint federal adjusted gross income.
AB100-engrossed, s. 2261fn 5Section 2261fn. 71.06 (2s) (b) of the statutes is created to read:
AB100-engrossed,1091,186 71.06 (2s) (b) For taxable years beginning after December 31, 1997, with
7respect to nonresident individuals, including individuals changing their domicile
8into or from this state, the tax brackets under subs. (1m) and (2) (c) and (d) shall be
9multiplied by a fraction, the numerator of which is Wisconsin adjusted gross income
10and the denominator of which is federal adjusted gross income. In this paragraph,
11for married persons filing separately "adjusted gross income" means the separate
12adjusted gross income of each spouse, and for married persons filing jointly "adjusted
13gross income" means the total adjusted gross income of both spouses. If an individual
14and that individual's spouse are not both domiciled in this state during the entire
15taxable year, the tax brackets under subs. (1m) and (2) (c) and (d) on a joint return
16shall be multiplied by a fraction, the numerator of which is their joint Wisconsin
17adjusted gross income and the denominator of which is their joint federal adjusted
18gross income.
AB100-engrossed, s. 2261h 19Section 2261h. 71.07 (2dd) (e) of the statutes is created to read:
AB100-engrossed,1091,2320 71.07 (2dd) (e) No credit may be claimed under this subsection for taxable
21years that begin on January 1, 1998, or thereafter. Credits under this subsection for
22taxable years that begin before January 1, 1998, may be carried forward to taxable
23years that begin on January 1, 1998, or thereafter.
AB100-engrossed, s. 2261j 24Section 2261j. 71.07 (2de) (d) of the statutes is created to read:
AB100-engrossed,1092,4
171.07 (2de) (d) No credit may be claimed under this subsection for taxable
2years that begin on January 1, 1998, or thereafter. Credits under this subsection for
3taxable years that begin before January 1, 1998, may be carried forward to taxable
4years that begin on January 1, 1998, or thereafter.
AB100-engrossed, s. 2261k 5Section 2261k. 71.07 (2di) (i) of the statutes is created to read:
AB100-engrossed,1092,96 71.07 (2di) (i) No credit may be claimed under this subsection for taxable years
7that begin on January 1, 1998, or thereafter. Credits under this subsection for
8taxable years that begin before January 1, 1998, may be carried forward to taxable
9years that begin on January 1, 1998, or thereafter.
AB100-engrossed, s. 2261m 10Section 2261m. 71.07 (2dj) (i) of the statutes is created to read:
AB100-engrossed,1092,1411 71.07 (2dj) (i) No credit may be claimed under this subsection for taxable years
12that begin on January 1, 1998, or thereafter. Credits under this subsection for
13taxable years that begin before January 1, 1998, may be carried forward to taxable
14years that begin on January 1, 1998, or thereafter.
AB100-engrossed, s. 2261p 15Section 2261p. 71.07 (2dL) (h) of the statutes is created to read:
AB100-engrossed,1092,1916 71.07 (2dL) (h) No credit may be claimed under this subsection for taxable
17years that begin on January 1, 1998, or thereafter. Credits under this subsection for
18taxable years that begin before January 1, 1998, may be carried forward to taxable
19years that begin on January 1, 1998, or thereafter.
AB100-engrossed, s. 2261q 20Section 2261q. 71.07 (2dr) (a) of the statutes is amended to read:
AB100-engrossed,1093,1821 71.07 (2dr) (a) Credit. Any person may credit against taxes otherwise due
22under this chapter an amount equal to 5% of the amount obtained by subtracting
23from the person's qualified research expenses, as defined in section 41 of the internal
24revenue code, except that "qualified research expenses" include only expenses
25incurred by the claimant in a development zone under subch. VI of ch. 560, except

1that a taxpayer may elect the alternative computation under section 41 (c) (4) of the
2Internal Revenue Code and that election applies until the department permits its
3revocation
and except that "qualified research expenses" do not include
4compensation used in computing the credit under sub. (2dj) nor research expenses
5incurred before the claimant is certified for tax benefits under s. 560.765 (3), the
6person's base amount, as defined in section 41 (c) of the internal revenue code, in a
7development zone, except that gross receipts used in calculating the base amount
8means gross receipts from sales attributable to Wisconsin under s. 71.04 (7) (b) 1. and
92. and (d) and research expenses used in calculating the base amount include
10research expenses incurred before the claimant is certified for tax benefits under s.
11560.765 (3), in a development zone, if the claimant submits with the claimant's
12return a copy of the claimant's certification for tax benefits under s. 560.765 (3) and
13a statement from the department of commerce verifying the claimant's qualified
14research expenses for research conducted exclusively in a development zone. The
15rules under s. 73.03 (35) apply to the credit under this paragraph. The rules under
16sub. (2di) (f) and (g), as they apply to the credit under that subsection, apply to claims
17under this paragraph. Section 41 (h) of the internal revenue code does not apply to
18the credit under this paragraph.
Loading...
Loading...