AB1, s. 178
5Section
178. 71.22 (4) (n) of the statutes is amended to read:
AB1,98,96
71.22
(4) (n) 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, 1998, and before January 1, 2000, means the federal Internal
9Revenue Code as amended to December 31, 1998, 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 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188,
12and as amended by P.L.
106-36 and, P.L.
106-170, 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. 106-230, P.L. 106-519, P.L. 106-554,
24P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16. The Internal
25Revenue Code applies for Wisconsin purposes at the same time as for federal
1purposes. Amendments to the federal Internal Revenue Code enacted after
2December 31, 1998, do not apply to this paragraph with respect to taxable years
3beginning after December 31, 1998, and before January 1, 2000, except that
4changes to the Internal Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L.
5106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
6section 431 of P.L. 107-16, and changes that indirectly affect the provisions
7applicable to this subchapter made by P.L.
106-36 and
, P.L.
106-170, P.L. 106-230,
8P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
9P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 179
10Section
179. 71.22 (4) (o) of the statutes is amended to read:
AB1,99,1411
71.22
(4) (o) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
12(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
13December 31, 1999,
and before January 1, 2001, means the federal Internal Revenue
14Code as amended to December 31, 1999, 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. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
18and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in
19the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
20100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823
21(c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
22101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
23103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
24sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
25103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
11123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
2104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
3106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554,
4P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16. The Internal
5Revenue Code applies for Wisconsin purposes at the same time as for federal
6purposes. Amendments to the federal Internal Revenue Code enacted after
7December 31, 1999, do not apply to this paragraph with respect to taxable years
8beginning after December 31, 1999
, and before January 1, 2001, except that changes
9to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
10106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
11changes that indirectly affect the provisions applicable to this subchapter made by
12P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
13107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
14same time as for federal purposes.
AB1, s. 180
15Section
180. 71.22 (4) (p) of the statutes is created to read:
AB1,99,2516
71.22
(4) (p) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
18December 31, 2000, and before January 1, 2002, means the federal Internal Revenue
19Code as amended to December 31, 2000, 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,
21and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
22amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, and
23as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
24P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
25821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of 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 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
6104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
7105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
106-519, P.L.
8106-554, P.L.
106-573, P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
9107-22. The Internal Revenue Code applies for Wisconsin purposes at the same time
10as for federal purposes. Amendments to the federal Internal Revenue Code enacted
11after December 31, 2000, do not apply to this paragraph with respect to taxable years
12beginning after December 31, 2000, and before January 1, 2002, except that changes
13to the Internal Revenue Code made by P.L.
107-16, excluding section 431 of P.L.
14107-16, and P.L.
107-22, and changes that indirectly affect the provisions applicable
15to this subchapter made by P.L.
107-16, excluding section 431 of P.L.
107-16, and
16P.L.
107-22, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 181
17Section
181. 71.22 (4) (q) of the statutes is created to read:
AB1,101,1318
71.22
(4) (q) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
19(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
20December 31, 2001, means the federal Internal Revenue Code as amended to
21December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2213113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
231202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
107-16,
24and as indirectly affected in the provisions applicable to this subchapter by P.L.
2599-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812
1(c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
2100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
3102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
4102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
513203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
6104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
7104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
8105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
9106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
107-16, excluding section 431
10of P.L.
107-16, and P.L.
107-22. The Internal Revenue Code applies for Wisconsin
11purposes at the same time as for federal purposes. Amendments to the federal
12Internal Revenue Code enacted after December 31, 2001, do not apply to this
13paragraph with respect to taxable years beginning after December 31, 2001.
AB1, s. 182
14Section
182. 71.22 (4m) (e) of the statutes is repealed.
AB1, s. 183
15Section
183. 71.22 (4m) (f) of the statutes is repealed.
AB1, s. 184
16Section
184. 71.22 (4m) (g) of the statutes is amended to read:
AB1,102,2017
71.22
(4m) (g) For taxable years that begin after December 31, 1993, and
18before January 1, 1995, "Internal Revenue Code", for corporations that are subject
19to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
20Internal Revenue Code as amended to December 31, 1993, excluding sections 103,
21104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203
22(d)
, and 13215 of P.L.
103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
23103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
24section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 25and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the provisions
1applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
2101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
3excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
4103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215
5of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
6section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
7104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
8106-554. The Internal Revenue Code applies for Wisconsin purposes at the same
9time as for federal purposes. Amendments to the Internal Revenue Code enacted
10after December 31, 1993, do not apply to this paragraph with respect to taxable years
11beginning after December 31, 1993, and before January 1, 1995, except that
12changes to the Internal Revenue Code made by P.L.
103-296, P.L.
103-337, P.L.
13103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
14section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 15and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
16provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
17103-465, 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, apply for Wisconsin purposes at the same time
20as for federal purposes.
AB1, s. 185
21Section
185. 71.22 (4m) (h) of the statutes is amended to read:
AB1,103,2222
71.22
(4m) (h) For taxable years that begin after December 31, 1994, and
23before January 1, 1996, "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, 1994, excluding sections 103,
1104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and
213203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding
3sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
4105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected
5in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
6100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
7102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
8102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
10104-188, excluding sections 1202, 1204, 1311
, and 1605 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. The Internal Revenue Code applies for Wisconsin purposes at the same
13time as for federal purposes. Amendments to the Internal Revenue Code enacted
14after December 31, 1994, do not apply to this paragraph with respect to taxable years
15beginning after December 31, 1994, and before January 1, 1996, except that
16changes to the Internal Revenue Code made 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 changes that
19indirectly affect the provisions applicable to this subchapter made by P.L.
104-7, P.L.
20104-188, excluding sections 1202, 1204, 1311
, and 1605 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, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 186
23Section
186. 71.22 (4m) (i) of the statutes is amended to read:
AB1,104,2524
71.22
(4m) (i) For taxable years that begin after December 31, 1995, and before
25January 1, 1997, "Internal Revenue Code", for corporations that are subject to a tax
1on unrelated business income under s. 71.26 (1) (a), means the federal Internal
2Revenue Code as amended to December 31, 1995, excluding sections 103, 104
, and
3110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
4of P.L.
103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204,
51311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34,
6P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
7provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
8P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
9excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
10103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
11103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
12excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
13P.L.
104-193, PL.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
14106-554. The Internal Revenue Code applies for Wisconsin purposes at the same
15time as for federal purposes. Amendments to the Internal Revenue Code enacted
16after December 31, 1995, do not apply to this paragraph with respect to taxable years
17beginning after December 31, 1995, and before January 1, 1997, except that
18changes to the Internal Revenue Code made by P.L.
104-188, excluding sections
191123, 1202, 1204, 1311
, and 1605 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 and, P.L.
105-277, and P.L. 106-554, and changes
21that indirectly affect the provisions applicable to this subchapter made by P.L.
22104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
23104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
24and P.L. 106-554, apply for Wisconsin purposes at the same time as for federal
25purposes.
AB1, s. 187
1Section
187. 71.22 (4m) (j) of the statutes is amended to read:
AB1,106,22
71.22
(4m) (j) For taxable years that begin after December 31, 1996, and before
3January 1, 1998, "Internal Revenue Code", for corporations that are subject to a tax
4on unrelated business income under s. 71.26 (1) (a), means the federal Internal
5Revenue Code as amended to December 31, 1996, excluding sections 103, 104
, and
6110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
7103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188 8and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277
and, P.L.
9106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L. 107-16, and as
10indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
11100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
12101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
13102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1413174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
15104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d)
16of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206,
17P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
18of P.L. 107-16. The Internal Revenue Code applies for Wisconsin purposes at the
19same time as for federal purposes. Amendments to the Internal Revenue Code
20enacted after December 31, 1996, do not apply to this paragraph with respect to
21taxable years beginning after December 31, 1996, and before January 1, 1998,
22except that changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34,
23P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16,
24excluding section 431 of P.L. 107-16, and changes that indirectly affect provisions
25applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
1105-277 and, P.L.
106-36,
P.L. 106-554, and P.L. 107-16, excluding section 431 of
2P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 188
3Section
188. 71.22 (4m) (k) of the statutes is amended to read:
AB1,107,64
71.22
(4m) (k) For taxable years that begin after December 31, 1997, and
5before January 1, 1999, "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, 1997, 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.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 11and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section
12431 of P.L. 107-16, and as indirectly affected in the provisions applicable to this
13subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
14P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 15and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1613113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
17103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
18(c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
19105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
20106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
21107-16. The Internal Revenue Code applies for Wisconsin purposes at the same time
22as for federal purposes. Amendments to the Internal Revenue Code enacted after
23December 31, 1997, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 1997, and before January 1, 1999, except that
25changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
1105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
2107-16, excluding section 431 of P.L. 107-16, and changes that indirectly affect the
3provisions applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
4105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
5107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
6same time as for federal purposes.
AB1, s. 189
7Section
189. 71.22 (4m) (L) of the statutes is amended to read:
AB1,108,108
71.22
(4m) (L) For taxable years that begin after December 31, 1998, and
9before January 1, 2000, "Internal Revenue Code", for corporations that are subject
10to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
11Internal Revenue Code as amended to December 31, 1998, excluding sections 103,
12104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
13(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
14104-188, and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L.
15106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
16107-16, and as indirectly affected in the provisions applicable to this subchapter by
17P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
18P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
19102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
20(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
21103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
221311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
23105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
24P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
25section 431 of P.L. 107-16. The Internal Revenue Code applies for Wisconsin
1purposes at the same time as for federal purposes. Amendments to the Internal
2Revenue Code enacted after December 31, 1998, do not apply to this paragraph with
3respect to taxable years beginning after December 31, 1998, and before
4January 1, 2000, except that changes to the Internal Revenue Code made by P.L.
5106-36 and, P.L.
106-170, 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 changes that indirectly
7affect the provisions applicable to this subchapter made by P.L.
106-36
and, P.L.
8106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16,
9excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time
10as for federal purposes.
AB1, s. 190
11Section
190. 71.22 (4m) (m) of the statutes is amended to read:
AB1,109,1312
71.22
(4m) (m) For taxable years that begin after December 31, 1999,
and
13before January 1, 2001, "Internal Revenue Code", for corporations that are subject
14to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
15Internal Revenue Code as amended to December 31, 1999, excluding sections 103,
16104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
17(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
18104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554,
19P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly
20affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
21P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
22P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
23102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
2413203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
25104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
1104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
2105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230,
3P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
4P.L. 107-16. The Internal Revenue Code applies for Wisconsin purposes at the same
5time as for federal purposes. Amendments to the Internal Revenue Code enacted
6after December 31, 1999, do not apply to this paragraph with respect to taxable years
7beginning after December 31, 1999
, and before January 1, 2001, except that changes
8to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
9106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
10changes that indirectly affect the provisions applicable to this subchapter made by
11P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
12107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
13same time as for federal purposes.
AB1, s. 191
14Section
191. 71.22 (4m) (n) of the statutes is created to read:
AB1,110,1415
71.22
(4m) (n) For taxable years that begin after December 31, 2000, and
16before January 1, 2002, "Internal Revenue Code," for corporations that are subject
17to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
18Internal Revenue Code as amended to December 31, 2000, excluding sections 103,
19104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
20(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
21104-188, and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and
22P.L.
107-22, and as indirectly affected in the provisions applicable to this subchapter
23by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
24P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
25102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
1(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
2103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
31311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
4105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
5106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
6excluding section 431 of P.L.
107-16, and P.L.
107-22. The Internal Revenue Code
7applies for Wisconsin purposes at the same time as for federal purposes.
8Amendments to the Internal Revenue Code enacted after December 31, 2000, do not
9apply to this paragraph with respect to taxable years beginning after
10December 31, 2000, and before January 1, 2002, except that changes to the Internal
11Revenue Code made by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
12107-22, and changes that indirectly affect the provisions applicable to this
13subchapter made by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
14107-22, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 192
15Section
192. 71.22 (4m) (o) of the statutes is created to read:
AB1,111,1016
71.22
(4m) (o) For taxable years that begin after December 31, 2001, "Internal
17Revenue Code," for corporations that are subject to a tax on unrelated business
18income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
19to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
211202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
107-16,
22and as indirectly affected in the provisions applicable to this subchapter by P.L.
2399-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
24101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
25102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
1(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
2103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
31311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
4105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
5106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
6107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22. The Internal Revenue
7Code applies for Wisconsin purposes at the same time as for federal purposes.
8Amendments to the Internal Revenue Code enacted after December 31, 2001, do not
9apply to this paragraph with respect to taxable years beginning after
10December 31, 2001.
AB1, s. 193
11Section
193. 71.26 (2) (b) 7. of the statutes is repealed.
AB1, s. 194
12Section
194. 71.26 (2) (b) 8. of the statutes is repealed.
AB1, s. 195
13Section
195. 71.26 (2) (b) 9. of the statutes is amended to read:
AB1,114,314
71.26
(2) (b) 9. For taxable years that begin after December 31, 1993, and
15before January 1, 1995, for a corporation, conduit or common law trust which
16qualifies as a regulated investment company, real estate mortgage investment
17conduit or real estate investment trust under the Internal Revenue Code as amended
18to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
102-227 and
19sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, and
20as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
21section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
22104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
23106-554, and as indirectly affected in the provisions applicable to this subchapter
24by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
25P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
1102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
2(d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337,
3P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
4section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 5and, P.L.
105-277, and P.L. 106-554, "net income" means the federal regulated
6investment company taxable income, federal real estate mortgage investment
7conduit taxable income or federal real estate investment trust taxable income of the
8corporation, conduit or trust as determined under the Internal Revenue Code as
9amended to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
102-227 10and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66,
11and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
12section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
13104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
14106-554, and as indirectly affected in the provisions applicable to this subchapter
15by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
16P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
17102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
18(d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337,
19P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
20section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 21and, P.L.
105-277, and P.L. 106-554, except that property that, under s. 71.02 (1) (c)
228. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
23under the Internal Revenue Code as amended to December 31, 1980, shall continue
24to be depreciated under the Internal Revenue Code as amended to
25December 31, 1980, and except that the appropriate amount shall be added or
1subtracted to reflect differences between the depreciation or adjusted basis for
2federal income tax purposes and the depreciation or adjusted basis under this
3chapter of any property disposed of during the taxable year. The Internal Revenue
4Code as amended to December 31, 1993, excluding sections 103, 104
, and 110 of P.L.
5102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
6103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
7excluding 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, and as indirectly affected in the provisions applicable to this
10subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
11P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 12and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1313113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296,
14P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
15104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
16105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, applies for Wisconsin
17purposes at the same time as for federal purposes. Amendments to the Internal
18Revenue Code enacted after December 31, 1993, do not apply to this subdivision with
19respect to taxable years that begin after December 31, 1993, and before
20January 1, 1995, except that changes to the Internal Revenue Code made by P.L.
21103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7,
22P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193,
23P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that
24indirectly affect the provisions applicable to this subchapter made by P.L.
103-296,
25P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
1104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
2105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for Wisconsin
3purposes at the same time as for federal purposes.
AB1, s. 196
4Section
196. 71.26 (2) (b) 10. of the statutes is amended to read:
AB1,116,155
71.26
(2) (b) 10. For taxable years that begin after December 31, 1994, and
6before January 1, 1996, for a corporation, conduit or common law trust which
7qualifies as a regulated investment company, real estate mortgage investment
8conduit or real estate investment trust under the Internal Revenue Code as amended
9to December 31, 1994, excluding sections 103, 104
, and 110 of P.L.
102-227 and
10sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as
11amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311
, and 1605
12of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206
and, P.L.
13105-277, and P.L. 106-554, and as indirectly affected in the provisions applicable to
14this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
15101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
16103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
17sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
18103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
191202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34,
20P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, "net income" means the federal
21regulated investment company taxable income, federal real estate mortgage
22investment conduit taxable income or federal real estate investment trust taxable
23income of the corporation, conduit or trust as determined under the Internal
24Revenue Code as amended to December 31, 1994, excluding sections 103, 104
, and
25110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
1of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202,
21204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
3105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
4provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
5P.L.
101-73, 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 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
10104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that
11property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
12for taxable years 1983 to 1986 under the Internal Revenue Code as amended to
13December 31, 1980, shall continue to be depreciated under the Internal Revenue
14Code as amended to December 31, 1980, and except that the appropriate amount
15shall be added or subtracted to reflect differences between the depreciation or
16adjusted basis for federal income tax purposes and the depreciation or adjusted basis
17under this chapter of any property disposed of during the taxable year. The Internal
18Revenue Code as amended to December 31, 1994, excluding sections 103, 104
, and
19110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d)
20of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202,
211204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
22105-206 and, P.L.
105-277, and P.L. 106-554, 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 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
4104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, applies for
5Wisconsin purposes at the same time as for federal purposes. Amendments to the
6Internal Revenue Code enacted after December 31, 1994, do not apply to this
7subdivision with respect to taxable years that begin after December 31, 1994, and
8before January 1, 1996, except that changes made by P.L.
104-7, P.L.
104-188,
9excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
10104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and
11changes that indirectly affect the provisions applicable to this subchapter made by
12P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
13104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
14and P.L. 106-554, apply for Wisconsin purposes at the same time as for federal
15purposes.
AB1, s. 197
16Section
197. 71.26 (2) (b) 11. of the statutes is amended to read:
AB1,119,317
71.26
(2) (b) 11. For taxable years that begin after December 31, 1995, and
18before January 1, 1997, for a corporation, conduit or common law trust which
19qualifies as a regulated investment company, real estate mortgage investment
20conduit or real estate investment trust under the Internal Revenue Code as amended
21to December 31, 1995, excluding sections 103, 104
, and 110 of P.L.
102-227 and
22sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as
23amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
24104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, 25P.L.
105-277, and P.L. 106-554, and as indirectly affected in the provisions
1applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
2101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
3excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
4103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
5103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
6excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
7P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
8106-554, "net income" means the federal regulated investment company taxable
9income, federal real estate mortgage investment conduit taxable income or federal
10real estate investment trust taxable income of the corporation, conduit or trust as
11determined under the Internal Revenue Code as amended to December 31, 1995,
12excluding sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d),
1313171 (d), 13174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188,
14excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
15P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
16106-554, and as indirectly affected in the provisions applicable to this subchapter
17by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
18P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
19102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
20(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
21103-465, P.L.
104-7, 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, except that property that, under s.
2471.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
25to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
1continue to be depreciated under the Internal Revenue Code as amended to
2December 31, 1980, and except that the appropriate amount shall be added or
3subtracted to reflect differences between the depreciation or adjusted basis for
4federal income tax purposes and the depreciation or adjusted basis under this
5chapter of any property disposed of during the taxable year. The Internal Revenue
6Code as amended to December 31, 1995, excluding sections 103, 104
, and 110 of P.L.
7102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
8103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, 9and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
10105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
11provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
12P.L.
101-73, 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, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191,
17P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and
, P.L.
105-277, and P.L.
18106-554, applies for Wisconsin purposes at the same time as for federal purposes.
19Amendments to the Internal Revenue Code enacted after December 31, 1995, do not
20apply to this subdivision with respect to taxable years that begin after
21December 31, 1995, and before January 1, 1997, except that changes to the Internal
22Revenue Code made by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and
231605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
24105-206 and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
25provisions applicable to this subchapter made by P.L.
104-188, excluding sections
11123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
2105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
3Wisconsin purposes at the same time as for federal purposes.
AB1, s. 198
4Section
198. 71.26 (2) (b) 12. of the statutes is amended to read:
AB1,121,195
71.26
(2) (b) 12. For taxable years that begin after December 31, 1996, and
6before January 1, 1998, for a corporation, conduit or common law trust which
7qualifies as a regulated investment company, real estate mortgage investment
8conduit, real estate investment trust or financial asset securitization investment
9trust under the Internal Revenue Code as amended to December 31, 1996, excluding
10sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1113174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
121605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
13P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
14of P.L. 107-16, and as indirectly affected in the provisions applicable to this
15subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
16P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, 17and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1813113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
19103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
20(c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
21105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and
22P.L. 107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
23regulated investment company taxable income, federal real estate mortgage
24investment conduit taxable income, federal real estate investment trust or financial
25asset securitization investment trust taxable income of the corporation, conduit or
1trust as determined under the Internal Revenue Code as amended to
2December 31, 1996, excluding sections 103, 104
, and 110 of P.L.
102-227, sections
313113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123
4(b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188 and as amended by P.L.
5105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and
6P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in the
7provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
8P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
9excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
10103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
11103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
12excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
13104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, 14P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L. 107-16,
15except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to
16be depreciated for taxable years 1983 to 1986 under the Internal Revenue Code as
17amended to December 31, 1980, shall continue to be depreciated under the Internal
18Revenue Code as amended to December 31, 1980, and except that the appropriate
19amount shall be added or subtracted to reflect differences between the depreciation
20or adjusted basis for federal income tax purposes and the depreciation or adjusted
21basis under this chapter of any property disposed of during the taxable year. The
22Internal Revenue Code as amended to December 31, 1996, excluding sections 103,
23104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203
24(d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
25104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277
1and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L.
2107-16, and as indirectly affected in the provisions applicable to this subchapter by
3P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
4P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
5102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
6(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
7103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
81311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
9105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16,
10excluding section 431 of P.L. 107-16, applies for Wisconsin purposes at the same time
11as for federal purposes. Amendments to the Internal Revenue Code enacted after
12December 31, 1996, do not apply to this subdivision with respect to taxable years
13that begin after December 31, 1996, and before January 1, 1998, except that
14changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34, P.L.
15105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding
16section 431 of P.L. 107-16, and changes that indirectly affect the provisions
17applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
18105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431 of
19P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 199
20Section
199. 71.26 (2) (b) 13. of the statutes is amended to read:
AB1,124,1321
71.26
(2) (b) 13. For taxable years that begin after December 31, 1997, and
22before January 1, 1999, for a corporation, conduit or common law trust which
23qualifies as a regulated investment company, real estate mortgage investment
24conduit, real estate investment trust or financial asset securitization investment
25trust under the Internal Revenue Code as amended to December 31, 1997, excluding
1sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
213174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
31605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
4105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
5107-16, 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.
105-178, P.L.
105-206, P.L.
13105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
14107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
15regulated investment company taxable income, federal real estate mortgage
16investment conduit taxable income, federal real estate investment trust or financial
17asset securitization investment trust taxable income of the corporation, conduit or
18trust as determined under the Internal Revenue Code as amended to December 31,
191997, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
2013171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
21(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206,
22P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
23107-16, excluding section 431 of P.L. 107-16, and as indirectly affected in the
24provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
25P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
1excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
2103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
3103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
4excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
5104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
6105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
7107-16, excluding section 431 of P.L. 107-16, except that property that, under s.
871.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
9to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
10continue to be depreciated under the Internal Revenue Code as amended to
11December 31, 1980, and except that the appropriate amount shall be added or
12subtracted to reflect differences between the depreciation or adjusted basis for
13federal income tax purposes and the depreciation or adjusted basis under this
14chapter of any property disposed of during the taxable year. The Internal Revenue
15Code as amended to December 31, 1997, excluding sections 103, 104
, and 110 of P.L.
16102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66,
17and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
18amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
19P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
20and as indirectly affected in the provisions applicable to this subchapter by P.L.
2199-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
22101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
23102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
24(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
25103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
11311 and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
2105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
3P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
4applies for Wisconsin purposes at the same time as for federal purposes.
5Amendments to the Internal Revenue Code enacted after December 31, 1997, do not
6apply to this subdivision with respect to taxable years that begin after
7December 31, 1997, and before January 1, 1999, except that changes to the Internal
8Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, 9P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
10P.L. 107-16, and changes that indirectly affect the provisions applicable to this
11subchapter made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and
and, 12P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
13P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 200
14Section
200. 71.26 (2) (b) 14. of the statutes is amended to read:
AB1,127,715
71.26
(2) (b) 14. For taxable years that begin after December 31, 1998, and
16before January 1, 2000, for a corporation, conduit or common law trust which
17qualifies as a regulated investment company, real estate mortgage investment
18conduit, real estate investment trust or financial asset securitization investment
19trust under the Internal Revenue Code as amended to December 31, 1998, excluding
20sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
2113174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
221605 (d) of P.L.
104-188, and as amended by P.L.
106-36 and
, P.L.
106-170, P.L.
23106-230, 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, and as indirectly affected in the provisions applicable to
25this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
1101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
2103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
3sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
4103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
51123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
6104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
7106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573,
8and P.L. 107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
9regulated investment company taxable income, federal real estate mortgage
10investment conduit taxable income, federal real estate investment trust or financial
11asset securitization investment trust taxable income of the corporation, conduit or
12trust as determined under the Internal Revenue Code as amended to December 31,
131998, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
1413171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
15(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L.
106-36 and, P.L.
16106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16,
17excluding section 431 of P.L. 107-16, and as indirectly affected in the provisions
18applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
19101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
20excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
21103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
22103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
23excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
24104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
25105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554,
1P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, except that
2property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
3for taxable 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, 1998, 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, and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188,
12and as amended by P.L.
106-36 and, P.L.
106-170, 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, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
16P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
17102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1813174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
19104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
20(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
21105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230,
22P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
23P.L. 107-16, applies for Wisconsin purposes at the same time as for federal purposes.
24Amendments to the Internal Revenue Code enacted after December 31, 1998, do not
25apply to this subdivision with respect to taxable years that begin after
1December 31, 1998, and before January 1, 2000, except that changes to the Internal
2Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519,
3P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, 4and changes that indirectly affect the provisions applicable to this subchapter made
5by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L.
6106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin
7purposes at the same time as for federal purposes.
AB1, s. 201
8Section
201. 71.26 (2) (b) 15. of the statutes is amended to read:
AB1,130,29
71.26
(2) (b) 15. For taxable years that begin after December 31, 1999,
and
10before January 1, 2001, for a corporation, conduit or common law trust which
11qualifies as a regulated investment company, real estate mortgage investment
12conduit, real estate investment trust or financial asset securitization investment
13trust under the Internal Revenue Code as amended to December 31, 1999, excluding
14sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1513174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
161605 (d) of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L.
17106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
18107-16, and as indirectly affected in the provisions applicable to this subchapter by
19P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
20P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
21102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
22(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
23103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
241311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
25105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
1P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
2107-16, excluding section 431 of P.L. 107-16, "net income" means the federal
3regulated investment company taxable income, federal real estate mortgage
4investment conduit taxable income, federal real estate investment trust or financial
5asset securitization investment trust taxable income of the corporation, conduit or
6trust as determined under the Internal Revenue Code as amended to December 31,
71999, excluding sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d),
813171 (d), 13174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
9(f), 1311
, and 1605 (d) of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230,
10P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
11P.L. 107-16, 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 and, P.L.
106-170,
19P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
20107-16, excluding section 431 of P.L. 107-16, except that property that, under s.
2171.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
22to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
23continue to be depreciated under the Internal Revenue Code as amended to
24December 31, 1980, and except that the appropriate amount shall be added or
25subtracted to reflect differences between the depreciation or adjusted basis for
1federal income tax purposes and the depreciation or adjusted basis under this
2chapter of any property disposed of during the taxable year. The Internal Revenue
3Code as amended to December 31, 1999, excluding sections 103, 104
, and 110 of P.L.
4102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66,
5and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
6amended by P.L. 106-200, 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, and as indirectly affected in
8the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
9100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
10102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
11102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
1213203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
13104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
14104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
15105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-200, P.L. 106-230,
16P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
17P.L. 107-16, applies for Wisconsin purposes at the same time as for federal purposes.
18Amendments to the Internal Revenue Code enacted after December 31, 1999, do not
19apply to this subdivision with respect to taxable years that begin after
20December 31, 1999
, and before January 1, 2001, except that changes to the Internal
21Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L.
22106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and changes that
23indirectly affect the provisions applicable to this subchapter made by P.L. 106-200,
24P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
1section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time as for
2federal purposes.
AB1, s. 202
3Section
202. 71.26 (2) (b) 16. of the statutes is created to read:
AB1,132,184
71.26
(2) (b) 16. For taxable years that begin after December 31, 2000, and
5before January 1, 2002, 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, 2000, 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,
11and 1605 (d) of P.L.
104-188, and as amended by P.L.
107-16, excluding section 431
12of P.L.
107-16, and P.L.
107-22, and as indirectly affected in the provisions
13applicable to this subchapter by P.L.
99-514, P.L.
100-203, 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, "net income" means the federal regulated investment company taxable
23income, federal real estate mortgage investment conduit taxable income, federal real
24estate investment trust or financial asset securitization investment trust taxable
25income of the corporation, conduit, or trust as determined under the Internal
1Revenue Code as amended to December 31, 2000, excluding sections 103, 104, and
2110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
3103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
4and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
5107-22, 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, P.L.
106-170, P.L.
13106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
14excluding section 431 of P.L.
107-16, and P.L.
107-22, except that property that,
15under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable
16years 1983 to 1986 under the Internal Revenue Code as amended to
17December 31, 1980, shall continue to be depreciated under the Internal Revenue
18Code as amended to December 31, 1980, and except that the appropriate amount
19shall be added or subtracted to reflect differences between the depreciation or
20adjusted basis for federal income tax purposes and the depreciation or adjusted basis
21under this chapter of any property disposed of during the taxable year. The Internal
22Revenue Code as amended to December 31, 2000, 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.
107-16, excluding section 431 of P.L.
107-16, and P.L.
1107-22, 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.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
9106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16,
10excluding section 431 of P.L.
107-16, and P.L.
107-22, applies for Wisconsin purposes
11at the same time as for federal purposes. Amendments to the Internal Revenue Code
12enacted after December 31, 2000, do not apply to this subdivision with respect to
13taxable years that begin after December 31, 2000, and before January 1, 2002,
14except that changes to the Internal Revenue Code made by P.L.
107-16, excluding
15section 431 of P.L.
107-16, and P.L.
107-22, and changes that indirectly affect the
16provisions applicable to this subchapter made by P.L.
107-16, excluding section 431
17of P.L.
107-16, and P.L.
107-22, apply for Wisconsin purposes at the same time as
18for federal purposes.
AB1, s. 203
19Section
203. 71.26 (2) (b) 17. of the statutes is created to read:
AB1,135,220
71.26
(2) (b) 17. For taxable years that begin after December 31, 2001, for a
21corporation, conduit, or common law trust which qualifies as a regulated investment
22company, real estate mortgage investment conduit, real estate investment trust, or
23financial asset securitization investment trust under the Internal Revenue Code as
24amended to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227,
25sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
11123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section 431 of P.L.
2107-16, and as indirectly affected in the provisions applicable to this subchapter by
3P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
4P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
5102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
6(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
7103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
81311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
9105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
10106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
11107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, "net income" means
12the federal regulated investment company taxable income, federal real estate
13mortgage investment conduit taxable income, federal real estate investment trust
14or financial asset securitization investment trust taxable income of the corporation,
15conduit, or trust as determined under the Internal Revenue Code as amended to
16December 31, 2001, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1713113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
181202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and 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, P.L.
106-170, P.L.
2106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
3107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, except that property
4that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for
5taxable years 1983 to 1986 under the Internal Revenue Code as amended to
6December 31, 1980, shall continue to be depreciated under the Internal Revenue
7Code as amended to December 31, 1980, and except that the appropriate amount
8shall be added or subtracted to reflect differences between the depreciation or
9adjusted basis for federal income tax purposes and the depreciation or adjusted basis
10under this chapter of any property disposed of during the taxable year. The Internal
11Revenue Code as amended to December 31, 2001, excluding sections 103, 104, and
12110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
13103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and
14section 431 of P.L.
107-16, and as indirectly affected in the provisions applicable to
15this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
16101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
17103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
18sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
19103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
201123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
21104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
22106-36, P.L.
106-170, P.L.
106-200, P.L.
106-230, P.L.
106-519, P.L.
106-554, P.L.
23106-573, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
24107-22, applies for Wisconsin purposes at the same time as for federal purposes.
25Amendments to the Internal Revenue Code enacted after December 31, 2001, do not
1apply to this subdivision with respect to taxable years that begin after
2December 31, 2001.
AB1, s. 204
3Section
204. 71.26 (3) (y) of the statutes is renumbered 71.26 (3) (y) 1. and
4amended to read:
AB1,135,165
71.26
(3) (y) 1.
A For taxable years that begin after December 31, 2000, and
6before January 1, 2002, a corporation may compute amortization and depreciation
7under either the federal Internal Revenue Code as amended to December 31,
1999 82000, or the federal Internal Revenue Code in effect for the taxable year for which
9the return is filed, except that property first placed in service by the taxpayer on or
10after January 1, 1983, but before January 1, 1987, that, under s. 71.04 (15) (b) and
11(br), 1985 stats., is required to be depreciated under the Internal Revenue Code as
12amended to December 31, 1980, and property first placed in service in taxable year
131981 or thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985
14stats., is required to be depreciated under the Internal Revenue Code as amended
15to December 31, 1980, shall continue to be depreciated under the Internal Revenue
16Code as amended to December 31, 1980.
AB1, s. 205
17Section
205. 71.26 (3) (y) 2. of the statutes is created to read:
AB1,136,418
71.26
(3) (y) 2. For taxable years that begin after December 31, 2001, a
19corporation may compute amortization and depreciation under either the federal
20Internal Revenue Code as amended to December 31, 2001, or the federal Internal
21Revenue Code in effect for the taxable year for which the return is filed, except that
22property first placed in service by the taxpayer on or after January 1, 1983, but
23before January 1, 1987, that, under s. 71.04 (15) (b) and (br), 1985 stats., is required
24to be depreciated under the Internal Revenue Code as amended to
25December 31, 1980, and property first placed in service in taxable year 1981 or
1thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985 stats., is
2required to be depreciated 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.
AB1, s. 206
5Section
206. 71.34 (1g) (g) of the statutes is repealed.
AB1, s. 207
6Section
207. 71.34 (1g) (h) of the statutes is repealed.
AB1, s. 208
7Section
208. 71.34 (1g) (i) of the statutes is amended to read:
AB1,137,148
71.34
(1g) (i) "Internal Revenue Code" for tax-option corporations, for taxable
9years that begin after December 31, 1993, and before January 1, 1995, means the
10federal Internal Revenue Code as amended to December 31, 1993, excluding
11sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
1213174, 13203 (d)
, and 13215 of P.L.
103-66, and as amended by P.L.
103-296, P.L.
13103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188,
14excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
15105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected in the
16provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 17excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2)
18of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
19101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and
20110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2113113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296,
22P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
23104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
24105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that section 1366
25(f) (relating to pass-through of items to shareholders) is modified by substituting the
1tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
2Code applies for Wisconsin purposes at the same time as for federal purposes.
3Amendments to the federal Internal Revenue Code enacted after
4December 31, 1993, do not apply to this paragraph with respect to taxable years
5beginning after December 31, 1993, and before January 1, 1995, except that
6changes to the Internal Revenue Code made by P.L.
103-296, P.L.
103-337, P.L.
7103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
8section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 9and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect the
10provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
11103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
12section 1311 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 13and, P.L.
105-277,
and P.L. 106-554, apply for Wisconsin purposes at the same time
14as for federal purposes.
AB1, s. 209
15Section
209. 71.34 (1g) (j) of the statutes is amended to read:
AB1,138,1916
71.34
(1g) (j) "Internal Revenue Code" for tax-option corporations, for taxable
17years that begin after December 31, 1994, and before January 1, 1996, means the
18federal Internal Revenue Code as amended to December 31, 1994, excluding
19sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
2013174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188,
21excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
22104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and as
23indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
24100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
25(b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of 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 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
6104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, except that
7section 1366 (f) (relating to pass-through of items to shareholders) is modified by
8substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
9Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
10purposes. Amendments to the federal Internal Revenue Code enacted after
11December 31, 1994, do not apply to this paragraph with respect to taxable years
12beginning after December 31, 1994, and before January 1, 1996, except changes to
13the Internal Revenue Code made by P.L.
104-7, P.L.
104-188, excluding sections
141202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34,
15P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that indirectly affect
16the provisions applicable to this subchapter made by P.L.
104-7, P.L.
104-188,
17excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191, P.L.
18104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
19Wisconsin purposes at the same time as for federal purposes.
AB1, s. 210
20Section
210. 71.34 (1g) (k) of the statutes is amended to read:
AB1,139,2521
71.34
(1g) (k) "Internal Revenue Code" for tax-option corporations, for taxable
22years that begin after December 31, 1995, and before January 1, 1997, means the
23federal Internal Revenue Code as amended to December 31, 1995, excluding
24sections 103, 104
, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
2513174
, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188, excluding
1sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
2104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L.
3106-554, and as indirectly affected in the provisions applicable to this subchapter
4by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d)
5(2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
6100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
7102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
8102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
10104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
11104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
12and P.L. 106-554, except that section 1366 (f) (relating to pass-through of items to
13shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
14sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
15at the same time as for federal purposes. Amendments to the federal Internal
16Revenue Code enacted after December 31, 1995, do not apply to this paragraph with
17respect to taxable years beginning after December 31, 1995, and before
18January 1, 1997, except that changes to the Internal Revenue Code made by P.L.
19104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
20104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
21and P.L. 106-554, and changes that indirectly affect the provisions applicable to this
22subchapter made by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, and
231605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
24105-206 and, P.L.
105-277, and P.L. 106-554, apply for Wisconsin purposes at the
25same time as for federal purposes.
AB1, s. 211
1Section
211. 71.34 (1g) (L) of the statutes is amended to read:
AB1,141,62
71.34
(1g) (L) "Internal Revenue Code" for tax-option corporations, for taxable
3years that begin after December 31, 1996, and before January 1, 1998, means the
4federal Internal Revenue Code as amended to December 31, 1996, excluding
5sections 103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
613174
, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and
71605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
8P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding section 431
9of P.L. 107-16, and as indirectly affected in the provisions applicable to this
10subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2)
11(B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008
12(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.
13101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
14102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1513174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
16104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
17(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
18105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and P.L. 107-16, excluding
19section 431 of P.L. 107-16, except that section 1366 (f) (relating to pass-through of
20items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
21under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
22purposes at the same time as for federal purposes. Amendments to the federal
23Internal Revenue Code enacted after December 31, 1996, do not apply to this
24paragraph with respect to taxable years beginning after December 31, 1996, and
25before January 1, 1998, except that changes to the Internal Revenue Code made by
1P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554,
2and P.L. 107-16, excluding section 431 of P.L. 107-16, and changes that indirectly
3affect the provisions applicable to this subchapter made by P.L.
105-33, P.L.
105-34,
4P.L.
105-206, P.L.
105-277 and, P.L.
106-36,
P.L. 106-554, and P.L. 107-16,
5excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the same time
6as for federal purposes.
AB1, s. 212
7Section
212. 71.34 (1g) (m) of the statutes is amended to read:
AB1,142,138
71.34
(1g) (m) "Internal Revenue Code" for tax-option corporations, for taxable
9years that begin after December 31, 1997, and before January 1, 1999, means the
10federal Internal Revenue Code as amended to December 31, 1997, excluding sections
11103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
1213203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
13of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
14106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
15section 431 of P.L. 107-16, and as indirectly affected in the provisions applicable to
16this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803
17(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section
181008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
19P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
20102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2113174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
22104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605
23(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
24105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554,
25P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, except that
1section 1366 (f) (relating to pass-through of items to shareholders) is modified by
2substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
3Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
4purposes. Amendments to the federal Internal Revenue Code enacted after
5December 31, 1997, do not apply to this paragraph with respect to taxable years
6beginning after December 31, 1997, and before January 1, 1999, except that
7changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
8105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
9107-16, excluding section 431 of P.L. 107-16, and changes that indirectly affect the
10provisions applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
11105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L.
12107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
13same time as for federal purposes.
AB1, s. 213
14Section
213. 71.34 (1g) (n) of the statutes is amended to read:
AB1,143,1915
71.34
(1g) (n) "Internal Revenue Code" for tax-option corporations, for taxable
16years that begin after December 31, 1998, and before January 1, 2000, means the
17federal Internal Revenue Code as amended to December 31, 1998, excluding sections
18103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
1913203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
20of P.L.
104-188, and as amended by P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L.
21106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
22107-16, and as indirectly affected in the provisions applicable to this subchapter by
23P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
24812 (c) (2), 821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
25100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
1102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
2102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174
, and
313203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
4104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
5104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
6105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170, P.L. 106-230, P.L. 106-519,
7P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
8except that section 1366 (f) (relating to pass-through of items to shareholders) is
9modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
101375. The Internal Revenue Code applies for Wisconsin purposes at the same time
11as for federal purposes. Amendments to the federal Internal Revenue Code enacted
12after December 31, 1998, do not apply to this paragraph with respect to taxable years
13beginning after December 31, 1998, and before January 1, 2000, except that
14changes to the Internal Revenue Code made by P.L.
106-36 and, P.L.
106-170, P.L.
15106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding
16section 431 of P.L. 107-16, and changes that indirectly affect the provisions
17applicable to this subchapter made by P.L.
106-36 and
, P.L.
106-170, P.L. 106-230,
18P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
19P.L. 107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 214
20Section
214. 71.34 (1g) (o) of the statutes is amended to read:
AB1,144,2521
71.34
(1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
22years that begin after December 31, 1999,
and before January 1, 2001, means the
23federal Internal Revenue Code as amended to December 31, 1999, excluding sections
24103, 104
, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and
2513203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d)
1of P.L.
104-188, and as amended by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
2106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
3as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
4P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
5821 (b) (2)
, and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
6101-73, 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. 106-200, P.L. 106-230, P.L. 106-519,
13P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
14except that section 1366 (f) (relating to pass-through of items to shareholders) is
15modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
161375. The Internal Revenue Code applies for Wisconsin purposes at the same time
17as for federal purposes. Amendments to the federal Internal Revenue Code enacted
18after December 31, 1999, do not apply to this paragraph with respect to taxable years
19beginning after December 31, 1999
, and before January 1, 2001, except that changes
20to the Internal Revenue Code made by P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L.
21106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16, and
22changes that indirectly affect the provisions applicable to this subchapter made by
23P.L. 106-200, P.L. 106-230, P.L. 106-519, P.L. 106-554, P.L. 106-573, and P.L.
24107-16, excluding section 431 of P.L. 107-16, apply for Wisconsin purposes at the
25same time as for federal purposes.
AB1, s. 215
1Section
215. 71.34 (1g) (p) of the statutes is created to read:
AB1,146,42
71.34
(1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
3years that begin after December 31, 2000, and before January 1, 2002, means the
4federal Internal Revenue Code as amended to December 31, 2000, excluding sections
5103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
613203 (d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
7of P.L.
104-188, and as amended by P.L.
107-16, excluding section 431 of P.L.
107-16,
8and P.L.
107-22, and as indirectly affected in the provisions applicable to this
9subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
10(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
11(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.
12101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
13102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1413174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
15104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
16(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
17105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-200, P.L.
18106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-16, excluding section
19431 of P.L.
107-16, and P.L.
107-22, except that section 1366 (f) (relating to
20pass-through of items to shareholders) is modified by substituting the tax under s.
2171.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23federal Internal Revenue Code enacted after December 31, 2000, do not apply to this
24paragraph with respect to taxable years beginning after December 31, 2000, and
25before January 1, 2002, except that changes to the Internal Revenue Code made by
1P.L.
107-16, excluding section 431 of P.L.
107-16, and P.L.
107-22, and changes that
2indirectly affect the provisions applicable to this subchapter made by P.L.
107-16,
3excluding section 431 of P.L.
107-16, and P.L.
107-22, apply for Wisconsin purposes
4at the same time as for federal purposes.
AB1, s. 216
5Section
216. 71.34 (1g) (q) of the statutes is created to read:
AB1,147,36
71.34
(1g) (q) "Internal Revenue Code" for tax-option corporations, for taxable
7years that begin after December 31, 2001, means the federal Internal Revenue Code
8as amended to December 31, 2001, excluding sections 103, 104, and 110 of P.L.
9102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
10sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and section
11431 of P.L.
107-16, and as indirectly affected in the provisions applicable to this
12subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
13(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
14(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.
15101-508, 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, P.L.
106-170, P.L.
106-200, P.L.
21106-230, P.L.
106-519, P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
107-16,
22excluding section 431 of P.L.
107-16, and P.L.
107-22, except that section 1366 (f)
23(relating to pass-through of items to shareholders) is modified by substituting the
24tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
25Code applies for Wisconsin purposes at the same time as for federal purposes.
1Amendments to the federal Internal Revenue Code enacted after December 31, 2001,
2do not apply to this paragraph with respect to taxable years beginning after
3December 31, 2001.
AB1, s. 217
4Section
217. 71.365 (1m) of the statutes is renumbered 71.365 (1m) (a) and
5amended to read:
AB1,148,76
71.365
(1m) (a)
A For taxable years that begin after December 31, 2000, and
7before January 1, 2002, a tax-option corporation may compute amortization and
8depreciation under either the federal Internal Revenue Code as amended to
9December 31,
1999 2000, or the federal Internal Revenue Code in effect for the
10taxable year for which the return is filed, except that property first placed in service
11by the taxpayer on or after January 1, 1983, but before January 1,
1987, that, under
12s. 71.04 (15) (b) and (br), 1985 stats., is required to be depreciated under the Internal
13Revenue Code as amended to December 31, 1980, and property first placed in service
14in taxable year 1981 or thereafter but before January 1, 1987, that, under s. 71.04
15(15) (bm), 1985 stats., is required to be depreciated under the Internal Revenue Code
16as amended to December 31, 1980, shall continue to be depreciated under the
17Internal Revenue Code as amended to December 31, 1980. Any difference between
18the adjusted basis for federal income tax purposes and the adjusted basis under this
19chapter shall be taken into account in determining net income or loss in the year or
20years for which the gain or loss is reportable under this chapter. If that property was
21placed in service by the taxpayer during taxable year 1986 and thereafter but before
22the property is used in the production of income subject to taxation under this
23chapter, the property's adjusted basis and the depreciation or other deduction
24schedule are not required to be changed from the amount allowable on the owner's
25federal income tax returns for any year because the property is used in the
1production of income subject to taxation under this chapter. If that property was
2acquired in a transaction in taxable year 1986 or thereafter in which the adjusted
3basis of the property in the hands of the transferee is the same as the adjusted basis
4of the property in the hands of the transferor, the Wisconsin adjusted basis of that
5property on the date of transfer is the adjusted basis allowable under the Internal
6Revenue Code as defined for Wisconsin purposes for the property in the hands of the
7transferor.
AB1, s. 218
8Section
218. 71.365 (1m) (b) of the statutes is created to read:
AB1,149,99
71.365
(1m) (b) For taxable years that begin after December 31, 2001, a
10tax-option corporation may compute amortization and depreciation under either the
11federal Internal Revenue Code as amended to December 31, 2001, or the federal
12Internal Revenue Code in effect for the taxable year for which the return is filed,
13except that property first placed in service by the taxpayer on or after
14January 1, 1983, but before January 1, 1987, that, under s. 71.04 (15) (b) and (br),
151985 stats., is required to be depreciated under the Internal Revenue Code as
16amended to December 31, 1980, and property first placed in service in taxable year
171981 or thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985
18stats., is required to be depreciated under the Internal Revenue Code as amended
19to December 31, 1980, shall continue to be depreciated under the Internal Revenue
20Code as amended to December 31, 1980. Any difference between the adjusted basis
21for federal income tax purposes and the adjusted basis under this chapter shall be
22taken into account in determining net income or loss in the year or years for which
23the gain or loss is reportable under this chapter. If that property was placed in
24service by the taxpayer during taxable year 1986 and thereafter but before the
25property is used in the production of income subject to taxation under this chapter,
1the property's adjusted basis and the depreciation or other deduction schedule are
2not required to be changed from the amount allowable on the owner's federal income
3tax returns for any year because the property is used in the production of income
4subject to taxation under this chapter. If that property was acquired in a transaction
5in taxable year 1986 or thereafter in which the adjusted basis of the property in the
6hands of the transferee is the same as the adjusted basis of the property in the hands
7of the transferor, the Wisconsin adjusted basis of that property on the date of transfer
8is the adjusted basis allowable under the Internal Revenue Code as defined for
9Wisconsin purposes for the property in the hands of the transferor.
AB1, s. 219
10Section
219. 71.42 (2) (f) of the statutes is repealed.
AB1, s. 220
11Section
220. 71.42 (2) (g) of the statutes is repealed.
AB1, s. 221
12Section
221. 71.42 (2) (h) of the statutes is amended to read:
AB1,150,1513
71.42
(2) (h) For taxable years that begin after December 31, 1993, and before
14January 1, 1995, "Internal Revenue Code" means the federal Internal Revenue Code
15as amended to December 31, 1993 excluding sections 103, 104
, and 110 of P.L.
16102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
, and 13215 of P.L.
17103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
18excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
19104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
20and P.L. 106-554, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
21100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
22102-227, excluding sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
23102-486 and P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174,
2413203 (d)
, and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
25104-7, excluding 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, except that "Internal Revenue Code" does not include section 847
3of the federal Internal Revenue Code. The Internal Revenue Code applies for
4Wisconsin purposes at the same time as for federal purposes. Amendments to the
5federal Internal Revenue Code enacted after December 31, 1993, do not apply to this
6paragraph with respect to taxable years beginning after December 31, 1993, and
7before January 1, 1995, except that changes to the Internal Revenue Code made by
8P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
9104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
10104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and
11changes that indirectly affect the provisions applicable to this subchapter made by
12P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
13104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191, P.L.
14104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L. 106-554, apply for
15Wisconsin purposes at the same time as for federal purposes.
AB1, s. 222
16Section
222. 71.42 (2) (i) of the statutes is amended to read:
AB1,151,1717
71.42
(2) (i) For taxable years that begin after December 31, 1994, and before
18January 1, 1996, "Internal Revenue Code" means the federal Internal Revenue Code
19as amended to December 31, 1994, excluding sections 103, 104
, and 110 of P.L.
20102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
21103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204,
221311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
23105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected by P.L.
2499-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
25101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and 110 of P.L.
1102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
2(d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
3103-465, P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311
, and 1605 of
4P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206
and, P.L.
5105-277, and P.L. 106-554, except that "Internal Revenue Code" does not include
6section 847 of the federal Internal Revenue Code. The Internal Revenue Code
7applies for Wisconsin purposes at the same time as for federal purposes.
8Amendments to the federal Internal Revenue Code enacted after
9December 31, 1994, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1994, and before January 1, 1996, except that
11changes to the Internal Revenue Code made by P.L.
104-7, P.L.
104-188, excluding
12sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
13105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes that
14indirectly affect the provisions applicable to this subchapter made by P.L.
104-7, P.L.
15104-188, excluding sections 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
16104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
and P.L.
17106-554, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 223
18Section
223. 71.42 (2) (j) of the statutes is amended to read:
AB1,152,2019
71.42
(2) (j) For taxable years that begin after December 31, 1995, and before
20January 1, 1997, "Internal Revenue Code" means the federal Internal Revenue Code
21as amended to December 31, 1995, excluding sections 103, 104
, and 110 of P.L.
22102-227 and sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
23103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
, 24and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
25105-206 and, P.L.
105-277, and P.L. 106-554, and as indirectly affected by P.L.
199-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
2101-239, 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, 1202, 1204, 1311
, and
61605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
7105-206 and, P.L.
105-277, and P.L. 106-554, except that "Internal Revenue Code"
8does not include section 847 of the federal Internal Revenue Code. The Internal
9Revenue Code applies for Wisconsin purposes at the same time as for federal
10purposes. Amendments to the federal Internal Revenue Code enacted after
11December 31, 1995, do not apply to this paragraph with respect to taxable years
12beginning after December 31, 1995, and before January 1, 1997, except that
13changes to the Internal Revenue Code made by P.L.
104-188, excluding sections
141123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
15105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277, and P.L. 106-554, and changes
16that indirectly affect the provisions applicable to this subchapter made by P.L.
17104-188, excluding sections 1123, 1202, 1204, 1311
, and 1605 of P.L.
104-188, P.L.
18104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206 and, P.L.
105-277,
19and P.L. 106-554, apply for Wisconsin purposes at the same time as for federal
20purposes.
AB1, s. 224
21Section
224. 71.42 (2) (k) of the statutes is amended to read:
AB1,153,2222
71.42
(2) (k) For taxable years that begin after December 31, 1996, and before
23January 1, 1998, "Internal Revenue Code" means the federal Internal Revenue Code
24as amended to December 31, 1996, excluding sections 103, 104
, and 110 of P.L.
25102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66
1and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
2amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36,
3P.L. 106-554, and P.L. 107-16, excluding section 431 of P.L. 107-16, and as indirectly
4affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
5101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
, and
6110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
713113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
8103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
9(c)
, 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
10105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, and
11P.L. 107-16, excluding section 431 of P.L. 107-16, except that "Internal Revenue
12Code" does not include section 847 of the federal Internal Revenue Code. 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, 1996, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1996, and before January 1, 1998, except that
17changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34, P.L.
18105-206, P.L.
105-277 and, P.L.
106-36, P.L. 106-554, 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.
105-33, P.L.
105-34, P.L.
105-206, P.L.
21105-277 and, P.L.
106-36,
P.L. 106-554, 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, s. 225
23Section
225. 71.42 (2) (L) of the statutes is amended to read:
AB1,154,2524
71.42
(2) (L) For taxable years that begin after December 31, 1997, and before
25January 1, 1999, "Internal Revenue Code" means the federal Internal Revenue Code
1as amended to December 31, 1997, excluding sections 103, 104
, and 110 of P.L.
2102-227, sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66 3and sections 1123 (b), 1202 (c), 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, and as
4amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
106-170,
5P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L. 107-16,
6and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73,
7P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding
8sections 103, 104
, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
9excluding sections 13113, 13150 (d), 13171 (d), 13174
, and 13203 (d) of P.L.
103-66,
10P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding
11sections 1123 (b), 1202 (c)
, 1204 (f), 1311
, and 1605 (d) of P.L.
104-188, P.L.
104-191,
12P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277,
13P.L.
106-36 and, P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16,
14excluding section 431 of P.L. 107-16, except that "Internal Revenue Code" does not
15include section 847 of the federal Internal Revenue Code. The Internal Revenue
16Code applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the federal Internal Revenue Code enacted after December 31, 1997,
18do not apply to this paragraph with respect to taxable years beginning after
19December 31, 1997, and before January 1, 1999, except that changes to the Internal
20Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, 21P.L.
106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of
22P.L. 107-16, and changes that indirectly affect the provisions applicable to this
23subchapter made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36 and, P.L.
24106-170, P.L. 106-554, P.L. 106-573, and P.L. 107-16, excluding section 431 of P.L.
25107-16, apply for Wisconsin purposes at the same time as for federal purposes.
AB1, s. 226
1Section
226. 71.42 (2) (m) of the statutes is amended to read:
