AB1-SSA1,73,2219
71.22
(4) (n) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
20(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
21December 31, 1998, and before January 1, 2000, means the federal Internal
22Revenue Code as amended to December 31, 1998, excluding sections 103, 104
, and
23110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
24103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188,
25and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L.
1106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
2as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
3P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
4821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
5101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
6excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
7103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
8103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
9excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
10104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
11105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554,
12P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16. The Internal
13Revenue Code applies for Wisconsin purposes at the same time as for federal
14purposes. Amendments to the federal Internal Revenue Code enacted after
15December 31, 1998, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1998, and before January 1, 2000, except that
17changes to the Internal Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L.
18106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
19section 431 of P.L. 107-16, and changes that indirectly affect the provisions
20applicable to this subchapter made by P.L.
106-36 and
, P.L.
106-170, P.L. 106-230,
21P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
22P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 179
23Section 179. 71.22 (4) (o) of the statutes is amended to read:
AB1-SSA1,75,224
71.22
(4) (o) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
1December 31, 1999,
and before January 1, 2001, means the federal Internal Revenue
2Code as amended to December 31, 1999, excluding sections 103, 104
, and 110 of P.L.
3102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66 4and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
5amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
6and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in
7the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
8100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823
9(c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
10101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
11103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
12sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
13103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
141123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
15104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
16106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554,
17P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16. The Internal
18Revenue Code applies for Wisconsin purposes at the same time as for federal
19purposes. Amendments to the federal Internal Revenue Code enacted after
20December 31, 1999, do not apply to this paragraph with respect to taxable years
21beginning after December 31, 1999
, and before January 1, 2001, except that changes
22to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
23106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
24changes that indirectly affect the provisions applicable to this subchapter made by
25P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
1107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
2same time as for federal purposes.
AB1-SSA1, s. 180
3Section 180. 71.22 (4) (p) of the statutes is created to read:
AB1-SSA1,76,44
71.22
(4) (p) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
5(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
6December 31, 2000, and before January 1, 2002, means the federal Internal Revenue
7Code as amended to December 31, 2000, excluding sections 103, 104, and 110 of P.L.
8102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
9and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
10amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, and
11as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
12P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
13821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
14101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
15excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
16103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
17103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
18excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
19104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
20105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
106-519, P.L.
21106-554, P.L.
106-573, P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
22107-22. The Internal Revenue Code applies for Wisconsin purposes at the same time
23as for federal purposes. Amendments to the federal Internal Revenue Code enacted
24after December 31, 2000, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 2000, and before January 1, 2002, except that changes
1to the Internal Revenue Code made by P.L.
107-16, excluding section 431 of P.L.
2107-16, and P.L.
107-22, and changes that indirectly affect the provisions applicable
3to this subchapter made by P.L.
107-16, excluding section 431 of P.L.
107-16, and
4P.L.
107-22, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 181
5Section 181. 71.22 (4) (q) of the statutes is created to read:
AB1-SSA1,77,26
71.22
(4) (q) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
7(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
8December 31, 2001, means the federal Internal Revenue Code as amended to
9December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
111202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
107-16,
12and as indirectly affected in the provisions applicable to this subchapter by P.L.
1399-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812
14(c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
15100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
16102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
17102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1813203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
19104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
20104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
21105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
22106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
107-16, excluding section 431
23of P.L.
107-16, and P.L.
107-22. The Internal Revenue Code applies for Wisconsin
24purposes at the same time as for federal purposes. Amendments to the federal
1Internal Revenue Code enacted after December 31, 2001, do not apply to this
2paragraph with respect to taxable years beginning after December 31, 2001.
AB1-SSA1, s. 184
5Section 184. 71.22 (4m) (g) of the statutes is amended to read:
AB1-SSA1,78,96
71.22
(4m) (g) For taxable years that begin after December 31, 1993, and
7before January 1, 1995, "Internal Revenue Code", for corporations that are subject
8to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
9Internal Revenue Code as amended to December 31, 1993, excluding sections 103,
10104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203
11(d)
, and 13215 of P.L.
103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
12103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
13section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 14and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the provisions
15applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
16101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
17excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
18103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215
19of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
20section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
21104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
22106-554. The Internal Revenue Code applies for Wisconsin purposes at the same
23time as for federal purposes. Amendments to the Internal Revenue Code enacted
24after December 31, 1993, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1993, and before January 1, 1995, except that
1changes to the Internal Revenue Code made by P.L.
103-296, P.L.
103-337, P.L.
2103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
3section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 4and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
5provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
6103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
7section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 8and, P.L.
105-277,
and P.L. 106-554, apply for Wisconsin purposes at the same time
9as for federal purposes.
AB1-SSA1, s. 185
10Section 185. 71.22 (4m) (h) of the statutes is amended to read:
AB1-SSA1,79,1111
71.22
(4m) (h) For taxable years that begin after December 31, 1994, and
12before January 1, 1996, "Internal Revenue Code", for corporations that are subject
13to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
14Internal Revenue Code as amended to December 31, 1994, excluding sections 103,
15104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and
1613203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding
17sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
18105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected
19in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
20100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
21102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
22102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
2313203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
24104-188, excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
25104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
1106-554. The Internal Revenue Code applies for Wisconsin purposes at the same
2time as for federal purposes. Amendments to the Internal Revenue Code enacted
3after December 31, 1994, do not apply to this paragraph with respect to taxable years
4beginning after December 31, 1994, and before January 1, 1996, except that
5changes to the Internal Revenue Code made by P.L.
104-7, P.L.
104-188, excluding
6sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
7105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that
8indirectly affect the provisions applicable to this subchapter made by P.L.
104-7, P.L.
9104-188, excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
10104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L.
11106-554, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 186
12Section 186. 71.22 (4m) (i) of the statutes is amended to read:
AB1-SSA1,80,1413
71.22
(4m) (i) For taxable years that begin after December 31, 1995, and before
14January 1, 1997, "Internal Revenue Code", for corporations that are subject to a tax
15on unrelated business income under s. 71.26 (1) (a), means the federal Internal
16Revenue Code as amended to December 31, 1995, excluding sections 103, 104
, and
17110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
18of P.L.
103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204,
191311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34,
20P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
21provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
22P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
23excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
24103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
25103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
1excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
2P.L.
104-193, PL.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
3106-554. The Internal Revenue Code applies for Wisconsin purposes at the same
4time as for federal purposes. Amendments to the Internal Revenue Code enacted
5after December 31, 1995, do not apply to this paragraph with respect to taxable years
6beginning after December 31, 1995, and before January 1, 1997, except that
7changes to the Internal Revenue Code made by P.L.
104-188, excluding sections
81123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
9105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes
10that indirectly affect the provisions applicable to this subchapter made by P.L.
11104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
12104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
13and P.L. 106-554, apply for Wisconsin purposes at the same time as for federal
14purposes.
AB1-SSA1, s. 187
15Section 187. 71.22 (4m) (j) of the statutes is amended to read:
AB1-SSA1,81,1616
71.22
(4m) (j) For taxable years that begin after December 31, 1996, and before
17January 1, 1998, "Internal Revenue Code", for corporations that are subject to a tax
18on unrelated business income under s. 71.26 (1) (a), means the federal Internal
19Revenue Code as amended to December 31, 1996, excluding sections 103, 104
, and
20110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
21103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188 22and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277
and, P.L.
23106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L. 107-16, and as
24indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
25100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
1101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
2102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
313174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
4104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d)
5of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206,
6P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
7of P.L. 107-16. The Internal Revenue Code applies for Wisconsin purposes at the
8same time as for federal purposes. Amendments to the Internal Revenue Code
9enacted after December 31, 1996, do not apply to this paragraph with respect to
10taxable years beginning after December 31, 1996, and before January 1, 1998,
11except that changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34,
12P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16,
13excluding section 431 of P.L. 107-16, and changes that indirectly affect provisions
14applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
15105-277 and, P.L.
106-36,
P.L. 106-554, and P.L. 107-16, excluding section 431 of
16P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 188
17Section 188. 71.22 (4m) (k) of the statutes is amended to read:
AB1-SSA1,82,2018
71.22
(4m) (k) For taxable years that begin after December 31, 1997, and
19before January 1, 1999, "Internal Revenue Code", for corporations that are subject
20to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
21Internal Revenue Code as amended to December 31, 1997, excluding sections 103,
22104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
23(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
24104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 25and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section
1431 of P.L. 107-16, and as indirectly affected in the provisions applicable to this
2subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
3P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 4and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
513113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
6103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
7(c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
8105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
9106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
10107-16. The Internal Revenue Code applies for Wisconsin purposes at the same time
11as for federal purposes. Amendments to the Internal Revenue Code enacted after
12December 31, 1997, do not apply to this paragraph with respect to taxable years
13beginning after December 31, 1997, and before January 1, 1999, except that
14changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
15105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
16107-16, excluding section 431 of P.L. 107-16, and changes that indirectly affect the
17provisions applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
18105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
19107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
20same time as for federal purposes.
AB1-SSA1, s. 189
21Section 189. 71.22 (4m) (L) of the statutes is amended to read:
AB1-SSA1,83,2422
71.22
(4m) (L) For taxable years that begin after December 31, 1998, and
23before January 1, 2000, "Internal Revenue Code", for corporations that are subject
24to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
25Internal Revenue Code as amended to December 31, 1998, excluding sections 103,
1104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
2(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
3104-188, and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L.
4106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
5107-16, and as indirectly affected in the provisions applicable to this subchapter by
6P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
7P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
8102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
9(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
10103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
111311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
12105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
13P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
14section 431 of P.L. 107-16. The Internal Revenue Code applies for Wisconsin
15purposes at the same time as for federal purposes. Amendments to the Internal
16Revenue Code enacted after December 31, 1998, do not apply to this paragraph with
17respect to taxable years beginning after December 31, 1998, and before
18January 1, 2000, except that changes to the Internal Revenue Code made by P.L.
19106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
20and P.L. 107-16, excluding section 431 of P.L. 107-16, and changes that indirectly
21affect the provisions applicable to this subchapter made by P.L.
106-36
and, P.L.
22106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16,
23excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time
24as for federal purposes.
AB1-SSA1, s. 190
25Section 190. 71.22 (4m) (m) of the statutes is amended to read:
AB1-SSA1,85,2
171.22
(4m) (m) For taxable years that begin after December 31, 1999,
and
2before January 1, 2001, "Internal Revenue Code", for corporations that are subject
3to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
4Internal Revenue Code as amended to December 31, 1999, excluding sections 103,
5104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
6(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
7104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554,
8P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly
9affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
10P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
11P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
12102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
1313203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
14104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
15104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
16105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230,
17P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
18P.L. 107-16. The Internal Revenue Code applies for Wisconsin purposes at the same
19time as for federal purposes. Amendments to the Internal Revenue Code enacted
20after December 31, 1999, do not apply to this paragraph with respect to taxable years
21beginning after December 31, 1999
, and before January 1, 2001, except that changes
22to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
23106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
24changes that indirectly affect the provisions applicable to this subchapter made by
25P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
1107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
2same time as for federal purposes.
AB1-SSA1, s. 191
3Section 191. 71.22 (4m) (n) of the statutes is created to read:
AB1-SSA1,86,34
71.22
(4m) (n) For taxable years that begin after December 31, 2000, and
5before January 1, 2002, "Internal Revenue Code," for corporations that are subject
6to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
7Internal Revenue Code as amended to December 31, 2000, excluding sections 103,
8104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
9(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
10104-188, and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and
11P.L.
107-22, and as indirectly affected in the provisions applicable to this subchapter
12by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
13P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
14102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
15(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
16103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
171311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
18105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
19106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
20excluding section 431 of P.L.
107-16, and P.L.
107-22. The Internal Revenue Code
21applies for Wisconsin purposes at the same time as for federal purposes.
22Amendments to the Internal Revenue Code enacted after December 31, 2000, do not
23apply to this paragraph with respect to taxable years beginning after
24December 31, 2000, and before January 1, 2002, except that changes to the Internal
25Revenue Code made by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
1107-22, and changes that indirectly affect the provisions applicable to this
2subchapter made by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
3107-22, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 192
4Section 192. 71.22 (4m) (o) of the statutes is created to read:
AB1-SSA1,86,245
71.22
(4m) (o) For taxable years that begin after December 31, 2001, "Internal
6Revenue Code," for corporations that are subject to a tax on unrelated business
7income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
8to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
913113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
101202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
107-16,
11and as indirectly affected in the provisions applicable to this subchapter by P.L.
1299-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
13101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
14102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
15(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
16103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
171311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
18105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
19106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
20107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22. The Internal Revenue
21Code applies for Wisconsin purposes at the same time as for federal purposes.
22Amendments to the Internal Revenue Code enacted after December 31, 2001, do not
23apply to this paragraph with respect to taxable years beginning after
24December 31, 2001.
AB1-SSA1, s. 192e
1Section 192e. 71.25 (6) of the statutes is renumbered 71.25 (6) (intro.) and
2amended to read:
AB1-SSA1,87,223
71.25
(6) Allocation and separate accounting and apportionment formula. 4(intro.) Corporations engaged in business within and without the state shall be taxed
5only on such income as is derived from business transacted and property located
6within the state. The amount of such income attributable to Wisconsin may be
7determined by an allocation and separate accounting thereof, when the business of
8such corporation within the state is not an integral part of a unitary business, but
9the department of revenue may permit an allocation and separate accounting in any
10case in which it is satisfied that the use of such method will properly reflect the
11income taxable by this state. In all cases in which allocation and separate accounting
12is not permissible, the determination shall be made in the following manner: for all
13businesses except
air carriers, financial organizations,
pipeline companies, public
14utilities, railroads, sleeping car companies, car line companies
, and corporations or
15associations that are subject to a tax on unrelated business income under s. 71.26 (1)
16(a) there shall first be deducted from the total net income of the taxpayer the part
17thereof (less related expenses, if any) that follows the situs of the property or the
18residence of the recipient. The remaining net income shall be apportioned to
19Wisconsin this state by use of
an apportionment fraction composed of a sales factor
20under sub. (9) representing 50% of the fraction, a property factor under sub. (7)
21representing 25% of the fraction and a payroll factor under sub. (8) representing 25%
22of the fraction. the following:
AB1-SSA1,88,224
71.25
(6) (a) For taxable years beginning before January 1, 2004, an
25apportionment fraction composed of a sales factor under sub. (9) representing 50%
1of the fraction, a property factor under sub. (7) representing 25% of the fraction, and
2a payroll factor under sub. (8) representing 25% of the fraction.
AB1-SSA1,88,74
71.25
(6) (b) For taxable years beginning after December 31, 2003, an
5apportionment fraction composed of a sales factor under sub. (9) representing 55%
6of the fraction, a property factor under sub. (7) representing 22.5% of the fraction,
7and a payroll factor under sub. (8) representing 22.5% of the fraction.
AB1-SSA1,88,129
71.25
(6) (c) For taxable years beginning after December 31, 2003, the
10apportionment fraction for the remaining net income of a financial organization shall
11include a sales factor that represents 55% of the apportionment fraction, as
12determined by rule by the department.
AB1-SSA1, s. 192j
13Section 192j. 71.25 (10) (b) of the statutes is renumbered 71.25 (10) (b) 1. and
14amended to read:
AB1-SSA1,88,2115
71.25
(10) (b) 1. In this section,
for taxable years beginning before January 1,
162004, "public utility" means
any business entity described under subd. 2. and any
17business entity which owns or operates any plant, equipment, property, franchise,
18or license for the transmission of communications or the production, transmission,
19sale, delivery, or furnishing of electricity, water or steam the rates of charges for
20goods or services of which have been established or approved by a federal, state or
21local government or governmental agency.
"Public
AB1-SSA1,89,2
222. In this section, for taxable years beginning after December 31, 2003, "public 23utility"
also means any business entity providing service to the public and engaged
24in the transportation of goods and persons for hire, as defined in s. 194.01 (4),
25regardless of whether or not the entity's rates or charges for services have been
1established or approved by a federal, state or local government or governmental
2agency.
AB1-SSA1,89,84
71.25
(10) (c) The net business income of railroads, sleeping car companies, car
5line companies,
pipeline companies, financial organizations
, air carriers, and public
6utilities requiring apportionment shall be apportioned pursuant to rules of the
7department of revenue, but the income taxed is limited to the income derived from
8business transacted and property located within the state.
AB1-SSA1, s. 195
11Section 195. 71.26 (2) (b) 9. of the statutes is amended to read:
AB1-SSA1,92,212
71.26
(2) (b) 9. For taxable years that begin after December 31, 1993, and
13before January 1, 1995, for a corporation, conduit or common law trust which
14qualifies as a regulated investment company, real estate mortgage investment
15conduit or real estate investment trust under the Internal Revenue Code as amended
16to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
102-227 and
17sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, and
18as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
19section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
20104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
21106-554, and as indirectly affected in the provisions applicable to this subchapter
22by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
23P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
24102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
25(d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337,
1P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
2section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 3and, P.L.
105-277, and P.L. 106-554, "net income" means the federal regulated
4investment company taxable income, federal real estate mortgage investment
5conduit taxable income or federal real estate investment trust taxable income of the
6corporation, conduit or trust as determined under the Internal Revenue Code as
7amended to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
102-227 8and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66,
9and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
10section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
11104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
12106-554, and as indirectly affected in the provisions applicable to this subchapter
13by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
14P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
15102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
16(d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337,
17P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
18section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 19and, P.L.
105-277, and P.L. 106-554, except that property that, under s. 71.02 (1) (c)
208. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
21under the Internal Revenue Code as amended to December 31, 1980, shall continue
22to be depreciated under the Internal Revenue Code as amended to
23December 31, 1980, and except that the appropriate amount shall be added or
24subtracted to reflect differences between the depreciation or adjusted basis for
25federal income tax purposes and the depreciation or adjusted basis under this
1chapter of any property disposed of during the taxable year. The Internal Revenue
2Code as amended to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
3102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
4103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
5excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
6104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
7and P.L. 106-554, and as indirectly affected in the provisions applicable to this
8subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
9P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 10and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1113113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296,
12P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
13104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
14105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, applies for Wisconsin
15purposes at the same time as for federal purposes. Amendments to the Internal
16Revenue Code enacted after December 31, 1993, do not apply to this subdivision with
17respect to taxable years that begin after December 31, 1993, and before
18January 1, 1995, except that changes to the Internal Revenue Code made by P.L.
19103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7,
20P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193,
21P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that
22indirectly affect the provisions applicable to this subchapter made by P.L.
103-296,
23P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
24104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
1105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for Wisconsin
2purposes at the same time as for federal purposes.
AB1-SSA1, s. 196
3Section 196. 71.26 (2) (b) 10. of the statutes is amended to read:
AB1-SSA1,94,144
71.26
(2) (b) 10. For taxable years that begin after December 31, 1994, and
5before January 1, 1996, for a corporation, conduit or common law trust which
6qualifies as a regulated investment company, real estate mortgage investment
7conduit or real estate investment trust under the Internal Revenue Code as amended
8to December 31, 1994, excluding sections 103, 104
, and 110 of P.L.
102-227 and
9sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as
10amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311
, and 1605
11of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206
and, P.L.
12105-277, and P.L. 106-554, and as indirectly affected in the provisions applicable to
13this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
14101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
15103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
16sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
17103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
181202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34,
19P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, "net income" means the federal
20regulated investment company taxable income, federal real estate mortgage
21investment conduit taxable income or federal real estate investment trust taxable
22income of the corporation, conduit or trust as determined under the Internal
23Revenue Code as amended to December 31, 1994, excluding sections 103, 104
, and
24110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
25of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202,
11204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
2105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
3provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
4P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
5excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
6103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
7103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
8excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
9104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that
10property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
11for taxable years 1983 to 1986 under the Internal Revenue Code as amended to
12December 31, 1980, shall continue to be depreciated under the Internal Revenue
13Code as amended to December 31, 1980, and except that the appropriate amount
14shall be added or subtracted to reflect differences between the depreciation or
15adjusted basis for federal income tax purposes and the depreciation or adjusted basis
16under this chapter of any property disposed of during the taxable year. The Internal
17Revenue Code as amended to December 31, 1994, excluding sections 103, 104
, and
18110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
19of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202,
201204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
21105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
22provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
23P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
24excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
25103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
1103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
2excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
3104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, applies for
4Wisconsin purposes at the same time as for federal purposes. Amendments to the
5Internal Revenue Code enacted after December 31, 1994, do not apply to this
6subdivision with respect to taxable years that begin after December 31, 1994, and
7before January 1, 1996, except that changes made by P.L.
104-7, P.L.
104-188,
8excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
9104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and
10changes that indirectly affect the provisions applicable to this subchapter made by
11P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
12104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
13and P.L. 106-554, apply for Wisconsin purposes at the same time as for federal
14purposes.
AB1-SSA1, s. 197
15Section 197. 71.26 (2) (b) 11. of the statutes is amended to read:
AB1-SSA1,97,216
71.26
(2) (b) 11. For taxable years that begin after December 31, 1995, and
17before January 1, 1997, for a corporation, conduit or common law trust which
18qualifies as a regulated investment company, real estate mortgage investment
19conduit or real estate investment trust under the Internal Revenue Code as amended
20to December 31, 1995, excluding sections 103, 104
, and 110 of P.L.
102-227 and
21sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as
22amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
23104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, 24P.L.
105-277, and P.L. 106-554, and as indirectly affected in the provisions
25applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
1101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
2excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
3103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
4103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
5excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
6P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
7106-554, "net income" means the federal regulated investment company taxable
8income, federal real estate mortgage investment conduit taxable income or federal
9real estate investment trust taxable income of the corporation, conduit or trust as
10determined under the Internal Revenue Code as amended to December 31, 1995,
11excluding sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d),
1213171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188,
13excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
14P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
15106-554, and as indirectly affected in the provisions applicable to this subchapter
16by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
17P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
18102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
19(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
20103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and
211605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
22105-206 and, P.L.
105-277, and P.L. 106-554, except that property that, under s.
2371.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
24to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
25continue to be depreciated under the Internal Revenue Code as amended to
1December 31, 1980, and except that the appropriate amount shall be added or
2subtracted to reflect differences between the depreciation or adjusted basis for
3federal income tax purposes and the depreciation or adjusted basis under this
4chapter of any property disposed of during the taxable year. The Internal Revenue
5Code as amended to December 31, 1995, excluding sections 103, 104
, and 110 of P.L.
6102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
7103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, 8and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
9105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
10provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
11P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
12excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
13103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
14103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
15excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
16P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
17106-554, applies for Wisconsin purposes at the same time as for federal purposes.
18Amendments to the Internal Revenue Code enacted after December 31, 1995, do not
19apply to this subdivision with respect to taxable years that begin after
20December 31, 1995, and before January 1, 1997, except that changes to the Internal
21Revenue Code made by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and
221605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
23105-206 and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
24provisions applicable to this subchapter made by P.L.
104-188, excluding sections
251123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
1105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
2Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 198
3Section 198. 71.26 (2) (b) 12. of the statutes is amended to read:
AB1-SSA1,99,184
71.26
(2) (b) 12. For taxable years that begin after December 31, 1996, and
5before January 1, 1998, for a corporation, conduit or common law trust which
6qualifies as a regulated investment company, real estate mortgage investment
7conduit, real estate investment trust or financial asset securitization investment
8trust under the Internal Revenue Code as amended to December 31, 1996, excluding
9sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1013174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
111605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
12P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
13of P.L. 107-16, and as indirectly affected in the provisions applicable to this
14subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
15P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 16and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1713113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
18103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
19(c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
20105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and
21P.L. 107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
22regulated investment company taxable income, federal real estate mortgage
23investment conduit taxable income, federal real estate investment trust or financial
24asset securitization investment trust taxable income of the corporation, conduit or
25trust as determined under the Internal Revenue Code as amended to
1December 31, 1996, excluding sections 103, 104
, and 110 of P.L.
102-227, sections
213113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123
3(b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188 and as amended by P.L.
4105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and
5P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in the
6provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
7P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
8excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
9103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
10103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
11excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
12104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, 13P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L. 107-16,
14except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to
15be depreciated for taxable years 1983 to 1986 under the Internal Revenue Code as
16amended to December 31, 1980, shall continue to be depreciated under the Internal
17Revenue Code as amended to December 31, 1980, and except that the appropriate
18amount shall be added or subtracted to reflect differences between the depreciation
19or adjusted basis for federal income tax purposes and the depreciation or adjusted
20basis under this chapter of any property disposed of during the taxable year. The
21Internal Revenue Code as amended to December 31, 1996, excluding sections 103,
22104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
23(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
24104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 25and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L.
1107-16, and as indirectly affected in the provisions applicable to this subchapter by
2P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
3P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
4102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
5(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
6103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
71311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
8105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16,
9excluding section 431 of P.L. 107-16, applies for Wisconsin purposes at the same time
10as for federal purposes. Amendments to the Internal Revenue Code enacted after
11December 31, 1996, do not apply to this subdivision with respect to taxable years
12that begin after December 31, 1996, and before January 1, 1998, except that
13changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34, P.L.
14105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding
15section 431 of P.L. 107-16, and changes that indirectly affect the provisions
16applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
17105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of
18P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 199
19Section 199. 71.26 (2) (b) 13. of the statutes is amended to read:
AB1-SSA1,99,2520
71.26
(2) (b) 13. For taxable years that begin after December 31, 1997, and
21before January 1, 1999, for a corporation, conduit or common law trust which
22qualifies as a regulated investment company, real estate mortgage investment
23conduit, real estate investment trust or financial asset securitization investment
24trust under the Internal Revenue Code as amended to December 31, 1997, excluding
25sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
113174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
21605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
3105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
4107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in the
5provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
6P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
7excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
8103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
9103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
10excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
11104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
12105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
13107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
14regulated investment company taxable income, federal real estate mortgage
15investment conduit taxable income, federal real estate investment trust or financial
16asset securitization investment trust taxable income of the corporation, conduit or
17trust as determined under the Internal Revenue Code as amended to December 31,
181997, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
1913171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
20(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206,
21P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
22107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in the
23provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
24P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
25excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
1103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
2103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
3excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
4104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
5105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
6107-16, excluding section 431 of P.L. 107-16, except that property that, under s.
771.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
8to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
9continue to be depreciated under the Internal Revenue Code as amended to
10December 31, 1980, and except that the appropriate amount shall be added or
11subtracted to reflect differences between the depreciation or adjusted basis for
12federal income tax purposes and the depreciation or adjusted basis under this
13chapter of any property disposed of during the taxable year. The Internal Revenue
14Code as amended to December 31, 1997, excluding sections 103, 104
, and 110 of P.L.
15102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66,
16and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
17amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
18P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
19and as indirectly affected in the provisions applicable to this subchapter by P.L.
2099-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
21101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
22102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
23(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
24103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
251311 and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
1105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36
and, P.L.
106-170,
2P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
3applies for Wisconsin purposes at the same time as for federal purposes.
4Amendments to the Internal Revenue Code enacted after December 31, 1997, do not
5apply to this subdivision with respect to taxable years that begin after
6December 31, 1997, and before January 1, 1999, except that changes to the Internal
7Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, 8P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
9P.L. 107-16, and changes that indirectly affect the provisions applicable to this
10subchapter made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and
and, 11P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
12P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 200
13Section 200. 71.26 (2) (b) 14. of the statutes is amended to read:
AB1-SSA1,105,614
71.26
(2) (b) 14. For taxable years that begin after December 31, 1998, and
15before January 1, 2000, for a corporation, conduit or common law trust which
16qualifies as a regulated investment company, real estate mortgage investment
17conduit, real estate investment trust or financial asset securitization investment
18trust under the Internal Revenue Code as amended to December 31, 1998, excluding
19sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
2013174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
211605 (d) of P.L.
104-188, and as amended by P.L.
106-36 and
, P.L.
106-170, P.L.
22106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
23section 431 of P.L. 107-16, and as indirectly affected in the provisions applicable to
24this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
25101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
1103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
2sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
3103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
41123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
5104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
6106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
7and P.L. 107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
8regulated investment company taxable income, federal real estate mortgage
9investment conduit taxable income, federal real estate investment trust or financial
10asset securitization investment trust taxable income of the corporation, conduit or
11trust as determined under the Internal Revenue Code as amended to December 31,
121998, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
1313171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
14(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L.
106-36 and, P.L.
15106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16,
16excluding section 431 of P.L. 107-16, and as indirectly affected in the provisions
17applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
18101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
19excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
20103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
21103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
22excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
23104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
24105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554,
25P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, except that
1property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
2for taxable years 1983 to 1986 under the Internal Revenue Code as amended to
3December 31, 1980, shall continue to be depreciated under the Internal Revenue
4Code as amended to December 31, 1980, and except that the appropriate amount
5shall be added or subtracted to reflect differences between the depreciation or
6adjusted basis for federal income tax purposes and the depreciation or adjusted basis
7under this chapter of any property disposed of during the taxable year. The Internal
8Revenue Code as amended to December 31, 1998, excluding sections 103, 104
, and
9110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
10103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188,
11and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L.
12106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
13as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
14P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
15P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
16102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1713174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
18104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
19(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
20105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230,
21P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
22P.L. 107-16, applies for Wisconsin purposes at the same time as for federal purposes.
23Amendments to the Internal Revenue Code enacted after December 31, 1998, do not
24apply to this subdivision with respect to taxable years that begin after
25December 31, 1998, and before January 1, 2000, except that changes to the Internal
1Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519,
2P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, 3and changes that indirectly affect the provisions applicable to this subchapter made
4by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L.
5106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin
6purposes at the same time as for federal purposes.
AB1-SSA1, s. 201
7Section 201. 71.26 (2) (b) 15. of the statutes is amended to read:
AB1-SSA1,107,258
71.26
(2) (b) 15. For taxable years that begin after December 31, 1999,
and
9before January 1, 2001, for a corporation, conduit or common law trust which
10qualifies as a regulated investment company, real estate mortgage investment
11conduit, real estate investment trust or financial asset securitization investment
12trust under the Internal Revenue Code as amended to December 31, 1999, excluding
13sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1413174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
151605 (d) of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L.
16106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
17107-16, and as indirectly affected in the provisions applicable to this subchapter by
18P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
19P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
20102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
21(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
22103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
231311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
24105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
25P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
1107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
2regulated investment company taxable income, federal real estate mortgage
3investment conduit taxable income, federal real estate investment trust or financial
4asset securitization investment trust taxable income of the corporation, conduit or
5trust as determined under the Internal Revenue Code as amended to December 31,
61999, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
713171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
8(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230,
9P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
10P.L. 107-16, and as indirectly affected in the provisions applicable to this subchapter
11by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
12P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
13102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
14(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
15103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
161311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
17105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
18P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
19107-16, excluding section 431 of P.L. 107-16, except that property that, under s.
2071.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
21to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
22continue to be depreciated under the Internal Revenue Code as amended to
23December 31, 1980, and except that the appropriate amount shall be added or
24subtracted to reflect differences between the depreciation or adjusted basis for
25federal income tax purposes and the depreciation or adjusted basis under this
1chapter of any property disposed of during the taxable year. The Internal Revenue
2Code as amended to December 31, 1999, excluding sections 103, 104
, and 110 of P.L.
3102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66,
4and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
5amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
6and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in
7the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
8100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
9102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
10102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
1113203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
12104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
13104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
14105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230,
15P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
16P.L. 107-16, applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the Internal Revenue Code enacted after December 31, 1999, do not
18apply to this subdivision with respect to taxable years that begin after
19December 31, 1999
, and before January 1, 2001, except that changes to the Internal
20Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L.
21106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and changes that
22indirectly affect the provisions applicable to this subchapter made by P.L. 106-200,
23P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
24section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time as for
25federal purposes.
AB1-SSA1, s. 202
1Section 202. 71.26 (2) (b) 16. of the statutes is created to read:
AB1-SSA1,110,162
71.26
(2) (b) 16. For taxable years that begin after December 31, 2000, and
3before January 1, 2002, for a corporation, conduit, or common law trust which
4qualifies as a regulated investment company, real estate mortgage investment
5conduit, real estate investment trust, or financial asset securitization investment
6trust under the Internal Revenue Code as amended to December 31, 2000, excluding
7sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
813174, and 13203 (d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311,
9and 1605 (d) of P.L.
104-188, and as amended by P.L.
107-16, excluding section 431
10of P.L.
107-16, and P.L.
107-22, and as indirectly affected in the provisions
11applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
12101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
13excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
14103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
15103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
16excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
17104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
18105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
106-519, P.L.
19106-554, P.L.
106-573, P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
20107-22, "net income" means the federal regulated investment company taxable
21income, federal real estate mortgage investment conduit taxable income, federal real
22estate investment trust or financial asset securitization investment trust taxable
23income of the corporation, conduit, or trust as determined under the Internal
24Revenue Code as amended to December 31, 2000, excluding sections 103, 104, and
25110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
1103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
2and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
3107-22, and as indirectly affected in the provisions applicable to this subchapter by
4P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
5P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
6102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
7(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
8103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
91311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
10105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
11106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
12excluding section 431 of P.L.
107-16, and P.L.
107-22, except that property that,
13under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable
14years 1983 to 1986 under the Internal Revenue Code as amended to
15December 31, 1980, shall continue to be depreciated under the Internal Revenue
16Code as amended to December 31, 1980, and except that the appropriate amount
17shall be added or subtracted to reflect differences between the depreciation or
18adjusted basis for federal income tax purposes and the depreciation or adjusted basis
19under this chapter of any property disposed of during the taxable year. The Internal
20Revenue Code as amended to December 31, 2000, excluding sections 103, 104, and
21110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
22103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
23and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
24107-22, and as indirectly affected in the provisions applicable to this subchapter by
25P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
1P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
2102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
3(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
4103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
51311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
6105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
7106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
8excluding section 431 of P.L.
107-16, and P.L.
107-22, applies for Wisconsin purposes
9at the same time as for federal purposes. Amendments to the Internal Revenue Code
10enacted after December 31, 2000, do not apply to this subdivision with respect to
11taxable years that begin after December 31, 2000, and before January 1, 2002,
12except that changes to the Internal Revenue Code made by P.L.
107-16, excluding
13section 431 of P.L.
107-16, and P.L.
107-22, and changes that indirectly affect the
14provisions applicable to this subchapter made by P.L.
107-16, excluding section 431
15of P.L.
107-16, and P.L.
107-22, apply for Wisconsin purposes at the same time as
16for federal purposes.
AB1-SSA1, s. 203
17Section 203. 71.26 (2) (b) 17. of the statutes is created to read:
AB1-SSA1,112,2518
71.26
(2) (b) 17. For taxable years that begin after December 31, 2001, for a
19corporation, conduit, or common law trust which qualifies as a regulated investment
20company, real estate mortgage investment conduit, real estate investment trust, or
21financial asset securitization investment trust under the Internal Revenue Code as
22amended to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227,
23sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
241123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
25107-16, and as indirectly affected in the provisions applicable to this subchapter by
1P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
2P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
3102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
4(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
5103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
61311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
7105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
8106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
9107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, "net income" means
10the federal regulated investment company taxable income, federal real estate
11mortgage investment conduit taxable income, federal real estate investment trust
12or financial asset securitization investment trust taxable income of the corporation,
13conduit, or trust as determined under the Internal Revenue Code as amended to
14December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
161202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
107-16,
17and as indirectly affected in the provisions applicable to this subchapter by P.L.
1899-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
19101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
20102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
21(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
22103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
231311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
24105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
25106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
1107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, except that property
2that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for
3taxable years 1983 to 1986 under the Internal Revenue Code as amended to
4December 31, 1980, shall continue to be depreciated under the Internal Revenue
5Code as amended to December 31, 1980, and except that the appropriate amount
6shall be added or subtracted to reflect differences between the depreciation or
7adjusted basis for federal income tax purposes and the depreciation or adjusted basis
8under this chapter of any property disposed of during the taxable year. The Internal
9Revenue Code as amended to December 31, 2001, excluding sections 103, 104, and
10110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
11103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and
12section 431 of P.L.
107-16, and as indirectly affected in the provisions applicable to
13this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
14101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
15103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
16sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
17103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
181123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
19104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
20106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
21106-573, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
22107-22, applies for Wisconsin purposes at the same time as for federal purposes.
23Amendments to the Internal Revenue Code enacted after December 31, 2001, do not
24apply to this subdivision with respect to taxable years that begin after
25December 31, 2001.
AB1-SSA1,113,122
71.26
(3) (y) A corporation
may shall compute amortization and depreciation
3under
either the federal Internal Revenue Code as amended to December 31,
1999,
4or the federal Internal Revenue Code in effect for the taxable year for which the
5return is filed 2000, except that property first placed in service by the taxpayer on
6or after January 1, 1983, but before January 1, 1987, that, under s. 71.04 (15) (b) and
7(br), 1985 stats., is required to be depreciated under the Internal Revenue Code as
8amended to December 31, 1980, and property first placed in service in taxable year
91981 or thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985
10stats., is required to be depreciated under the Internal Revenue Code as amended
11to December 31, 1980, shall continue to be depreciated under the Internal Revenue
12Code as amended to December 31, 1980.
AB1-SSA1, s. 208
16Section 208. 71.34 (1g) (i) of the statutes is amended to read:
AB1-SSA1,114,2317
71.34
(1g) (i) "Internal Revenue Code" for tax-option corporations, for taxable
18years that begin after December 31, 1993, and before January 1, 1995, means the
19federal Internal Revenue Code as amended to December 31, 1993, excluding
20sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
2113174, 13203 (d)
, and 13215 of P.L.
103-66, and as amended by P.L.
103-296, P.L.
22103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188,
23excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
24105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
25provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647
1excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2)
2of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
3101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and
4110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
513113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296,
6P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
7104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
8105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that section 1366
9(f) (relating to pass-through of items to shareholders) is modified by substituting the
10tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
11Code applies for Wisconsin purposes at the same time as for federal purposes.
12Amendments to the federal Internal Revenue Code enacted after
13December 31, 1993, do not apply to this paragraph with respect to taxable years
14beginning after December 31, 1993, and before January 1, 1995, except that
15changes to the Internal Revenue Code made by P.L.
103-296, P.L.
103-337, P.L.
16103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
17section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 18and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
19provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
20103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
21section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 22and, P.L.
105-277,
and P.L. 106-554, apply for Wisconsin purposes at the same time
23as for federal purposes.
AB1-SSA1, s. 209
24Section 209. 71.34 (1g) (j) of the statutes is amended to read:
AB1-SSA1,116,4
171.34
(1g) (j) "Internal Revenue Code" for tax-option corporations, for taxable
2years that begin after December 31, 1994, and before January 1, 1996, means the
3federal Internal Revenue Code as amended to December 31, 1994, excluding
4sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
513174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188,
6excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
7104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as
8indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
9100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
10(b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
11101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
12excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
13103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
14103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
15excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
16104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that
17section 1366 (f) (relating to pass-through of items to shareholders) is modified by
18substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
19Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
20purposes. Amendments to the federal Internal Revenue Code enacted after
21December 31, 1994, do not apply to this paragraph with respect to taxable years
22beginning after December 31, 1994, and before January 1, 1996, except changes to
23the Internal Revenue Code made by P.L.
104-7, P.L.
104-188, excluding sections
241202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34,
25P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect
1the provisions applicable to this subchapter made by P.L.
104-7, P.L.
104-188,
2excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191, P.L.
3104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
4Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 210
5Section 210. 71.34 (1g) (k) of the statutes is amended to read:
AB1-SSA1,117,106
71.34
(1g) (k) "Internal Revenue Code" for tax-option corporations, for taxable
7years that begin after December 31, 1995, and before January 1, 1997, means the
8federal Internal Revenue Code as amended to December 31, 1995, excluding
9sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
1013174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188, excluding
11sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
12104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
13106-554, and as indirectly affected in the provisions applicable to this subchapter
14by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d)
15(2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
16100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
17102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
18102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
1913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
20104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
21104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
22and P.L. 106-554, except that section 1366 (f) (relating to pass-through of items to
23shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
24sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
25at the same time as for federal purposes. Amendments to the federal Internal
1Revenue Code enacted after December 31, 1995, do not apply to this paragraph with
2respect to taxable years beginning after December 31, 1995, and before
3January 1, 1997, except that changes to the Internal Revenue Code made by P.L.
4104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
5104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
6and P.L. 106-554, and changes that indirectly affect the provisions applicable to this
7subchapter made by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and
81605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
9105-206 and, P.L.
105-277, and P.L. 106-554, apply for Wisconsin purposes at the
10same time as for federal purposes.
AB1-SSA1, s. 211
11Section 211. 71.34 (1g) (L) of the statutes is amended to read:
AB1-SSA1,118,1612
71.34
(1g) (L) "Internal Revenue Code" for tax-option corporations, for taxable
13years that begin after December 31, 1996, and before January 1, 1998, means the
14federal Internal Revenue Code as amended to December 31, 1996, excluding
15sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1613174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
171605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
18P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
19of P.L. 107-16, and as indirectly affected in the provisions applicable to this
20subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2)
21(B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008
22(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
23101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
24102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2513174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
1104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
2(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
3105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding
4section 431 of P.L. 107-16, except that section 1366 (f) (relating to pass-through of
5items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
6under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
7purposes at the same time as for federal purposes. Amendments to the federal
8Internal Revenue Code enacted after December 31, 1996, do not apply to this
9paragraph with respect to taxable years beginning after December 31, 1996, and
10before January 1, 1998, except that changes to the Internal Revenue Code made by
11P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and
, P.L.
106-36, P.L. 106-554,
12and P.L. 107-16, excluding section 431 of P.L. 107-16, and changes that indirectly
13affect the provisions applicable to this subchapter made by P.L.
105-33, P.L.
105-34,
14P.L.
105-206, P.L.
105-277 and, P.L.
106-36,
P.L. 106-554, and P.L. 107-16,
15excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time
16as for federal purposes.
AB1-SSA1, s. 212
17Section 212. 71.34 (1g) (m) of the statutes is amended to read:
AB1-SSA1,119,2318
71.34
(1g) (m) "Internal Revenue Code" for tax-option corporations, for taxable
19years that begin after December 31, 1997, and before January 1, 1999, means the
20federal Internal Revenue Code as amended to December 31, 1997, excluding sections
21103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
2213203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
23of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
24106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
25section 431 of P.L. 107-16, and as indirectly affected in the provisions applicable to
1this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803
2(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section
31008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
4P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
5102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
613174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
7104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
8(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
9105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554,
10P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, except that
11section 1366 (f) (relating to pass-through of items to shareholders) is modified by
12substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
13Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
14purposes. Amendments to the federal Internal Revenue Code enacted after
15December 31, 1997, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1997, and before January 1, 1999, except that
17changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
18105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
19107-16, excluding section 431 of P.L. 107-16, and changes that indirectly affect the
20provisions applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
21105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
22107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
23same time as for federal purposes.
AB1-SSA1, s. 213
24Section 213. 71.34 (1g) (n) of the statutes is amended to read:
AB1-SSA1,121,5
171.34
(1g) (n) "Internal Revenue Code" for tax-option corporations, for taxable
2years that begin after December 31, 1998, and before January 1, 2000, means the
3federal Internal Revenue Code as amended to December 31, 1998, excluding sections
4103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
513203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
6of P.L.
104-188, and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L.
7106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
8107-16, and as indirectly affected in the provisions applicable to this subchapter by
9P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
10812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
11100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
12102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
13102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
1413203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
15104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
16104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
17105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519,
18P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
19except that section 1366 (f) (relating to pass-through of items to shareholders) is
20modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
211375. The Internal Revenue Code applies for Wisconsin purposes at the same time
22as for federal purposes. Amendments to the federal Internal Revenue Code enacted
23after December 31, 1998, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 1998, and before January 1, 2000, except that
25changes to the Internal Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L.
1106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
2section 431 of P.L. 107-16, and changes that indirectly affect the provisions
3applicable to this subchapter made by P.L.
106-36 and
, P.L.
106-170, P.L. 106-230,
4P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
5P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 214
6Section 214. 71.34 (1g) (o) of the statutes is amended to read:
AB1-SSA1,122,117
71.34
(1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
8years that begin after December 31, 1999,
and before January 1, 2001, means the
9federal Internal Revenue Code as amended to December 31, 1999, excluding sections
10103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
1113203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
12of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
13106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
14as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
15P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
16821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
17101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
18excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
19103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
20103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
21excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
22104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
23105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230, P.L. 106-519,
24P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
25except that section 1366 (f) (relating to pass-through of items to shareholders) is
1modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
21375. The Internal Revenue Code applies for Wisconsin purposes at the same time
3as for federal purposes. Amendments to the federal Internal Revenue Code enacted
4after December 31, 1999, do not apply to this paragraph with respect to taxable years
5beginning after December 31, 1999
, and before January 1, 2001, except that changes
6to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
7106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
8changes that indirectly affect the provisions applicable to this subchapter made by
9P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
10107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
11same time as for federal purposes.
AB1-SSA1, s. 215
12Section 215. 71.34 (1g) (p) of the statutes is created to read:
AB1-SSA1,123,1513
71.34
(1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
14years that begin after December 31, 2000, and before January 1, 2002, means the
15federal Internal Revenue Code as amended to December 31, 2000, excluding sections
16103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
1713203 (d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
18of P.L.
104-188, and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16,
19and P.L.
107-22, and as indirectly affected in the provisions applicable to this
20subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
21(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
22(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
23101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
24102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2513174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
1104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
2(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
3105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
4106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16, excluding section
5431 of P.L.
107-16, and P.L.
107-22, except that section 1366 (f) (relating to
6pass-through of items to shareholders) is modified by substituting the tax under s.
771.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code applies
8for Wisconsin purposes at the same time as for federal purposes. Amendments to the
9federal Internal Revenue Code enacted after December 31, 2000, do not apply to this
10paragraph with respect to taxable years beginning after December 31, 2000, and
11before January 1, 2002, except that changes to the Internal Revenue Code made by
12P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, and changes that
13indirectly affect the provisions applicable to this subchapter made by P.L.
107-16,
14excluding section 431 of P.L.
107-16, and P.L.
107-22, apply for Wisconsin purposes
15at the same time as for federal purposes.
AB1-SSA1, s. 216
16Section 216. 71.34 (1g) (q) of the statutes is created to read:
AB1-SSA1,124,1417
71.34
(1g) (q) "Internal Revenue Code" for tax-option corporations, for taxable
18years that begin after December 31, 2001, means the federal Internal Revenue Code
19as amended to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
20102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
21sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section
22431 of P.L.
107-16, and as indirectly affected in the provisions applicable to this
23subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
24(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
25(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
1101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
2102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
313174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
4104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
5(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
6105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
7106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
107-16,
8excluding section 431 of P.L.
107-16, and P.L.
107-22, except that section 1366 (f)
9(relating to pass-through of items to shareholders) is modified by substituting the
10tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
11Code applies for Wisconsin purposes at the same time as for federal purposes.
12Amendments to the federal Internal Revenue Code enacted after December 31, 2001,
13do not apply to this paragraph with respect to taxable years beginning after
14December 31, 2001.
AB1-SSA1,125,1616
71.365
(1m) Tax-option corporations; depreciation. A tax-option corporation
17may shall compute amortization and depreciation under
either the federal Internal
18Revenue Code as amended to December 31,
1999, or the federal Internal Revenue
19Code in effect for the taxable year for which the return is filed
2000, except that
20property first placed in service by the taxpayer on or after January 1, 1983, but
21before January 1, 1987, that, under s. 71.04 (15) (b) and (br), 1985 stats., is required
22to be depreciated under the Internal Revenue Code as amended to
23December 31, 1980, and property first placed in service in taxable year 1981 or
24thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985 stats., is
25required to be depreciated under the Internal Revenue Code as amended to
1December 31, 1980, shall continue to be depreciated under the Internal Revenue
2Code as amended to December 31, 1980. Any difference between the adjusted basis
3for federal income tax purposes and the adjusted basis under this chapter shall be
4taken into account in determining net income or loss in the year or years for which
5the gain or loss is reportable under this chapter. If that property was placed in
6service by the taxpayer during taxable year 1986 and thereafter but before the
7property is used in the production of income subject to taxation under this chapter,
8the property's adjusted basis and the depreciation or other deduction schedule are
9not required to be changed from the amount allowable on the owner's federal income
10tax returns for any year because the property is used in the production of income
11subject to taxation under this chapter. If that property was acquired in a transaction
12in taxable year 1986 or thereafter in which the adjusted basis of the property in the
13hands of the transferee is the same as the adjusted basis of the property in the hands
14of the transferor, the Wisconsin adjusted basis of that property on the date of transfer
15is the adjusted basis allowable under the Internal Revenue Code as defined for
16Wisconsin purposes for the property in the hands of the transferor.
AB1-SSA1, s. 221
19Section 221. 71.42 (2) (h) of the statutes is amended to read:
AB1-SSA1,126,2220
71.42
(2) (h) For taxable years that begin after December 31, 1993, and before
21January 1, 1995, "Internal Revenue Code" means the federal Internal Revenue Code
22as amended to December 31, 1993 excluding sections 103, 104
, and 110 of P.L.
23102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
24103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
25excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
1104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206
and, P.L.
105-277,
2and P.L. 106-554, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
3100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
4102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
5102-486 and P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174,
613203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
7104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
8104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
9and P.L. 106-554, except that "Internal Revenue Code" does not include section 847
10of the federal Internal Revenue Code. The Internal Revenue Code applies for
11Wisconsin purposes at the same time as for federal purposes. Amendments to the
12federal Internal Revenue Code enacted after December 31, 1993, do not apply to this
13paragraph with respect to taxable years beginning after December 31, 1993, and
14before January 1, 1995, except that changes to the Internal Revenue Code made by
15P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
16104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
17104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and
18changes that indirectly affect the provisions applicable to this subchapter made by
19P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
20104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
21104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
22Wisconsin purposes at the same time as for federal purposes.
AB1-SSA1, s. 222
23Section 222. 71.42 (2) (i) of the statutes is amended to read:
