SB44-SSA1-SA15,25,1917 (g) To the amounts determined under par. (f), add each member's
18nonapportionable income attributable to this state and subtract each member's
19nonapportionable losses attributable to this state.
SB44-SSA1-SA15,25,2120 (h) If the combined reporting group is not filing a group return, combine the
21amounts determined under par. (g) for all members of the combined reporting group.
SB44-SSA1-SA15,25,2422 (i) If the combined reporting group is filing a group return, combine the
23amounts determined under par. (g) for all members of the combined reporting group
24that join in filing the group return.
SB44-SSA1-SA15,26,2
1(j) From the amount determined under par. (h) or (i), as appropriate, subtract
2the combined reporting group's net operating loss as determined under sub. (8).
SB44-SSA1-SA15,26,4 3(7) Apportionment factor computation under combined reporting. For the
4purposes of sub. (2), this state's apportionment factors are determined as follows:
SB44-SSA1-SA15,26,75 (a) 1. Determine the numerator and the denominator of the apportionment
6factors as determined under s. 71.25 or 71.45, as appropriate, for each member of the
7combined reporting group, except as provided in subd. 2.
SB44-SSA1-SA15,26,178 2. If a member of a combined reporting group is not subject to the tax imposed
9under s. 71.23 or 71.43 because it does not have sufficient connection to this state as
10a separate entity for income or franchise tax purposes, as determined by the
11department, the numerator of the member's sales factor under s. 71.25 (9) or
12apportionment factor under s. 71.45 (3) is zero. If a member of a combined reporting
13group is a corporation engaged in business wholly within this state, as provided
14under s. 71.25 (4), the numerator and denominator of the member's apportionment
15factors is the same. If a member of a combined reporting group is not subject to an
16income or franchise tax as a separate entity in the state to which a sale is attributed,
17the sale is attributed to this state.
SB44-SSA1-SA15,26,1918 (b) Subtract intercompany transactions under sub. (6) (c) from both the
19numerators and the denominators as determined under par. (a).
SB44-SSA1-SA15,26,2220 (c) Add the denominators of the apportionment factors for each member of the
21combined reporting group, as determined under par. (b), to arrive at the combined
22denominator.
SB44-SSA1-SA15,26,2523 (d) Compute each corporation's apportionment factors by dividing the
24corporation's numerator as determined under par. (b) by the combined denominator
25as determined under par. (c).
SB44-SSA1-SA15,27,9
1(8) Net business loss carry-over. (a) For taxable years beginning after
2December 31, 2003, any net business loss of a corporation that is a member of a
3combined reporting group as determined under sub. (6) for the taxable year that is
4not offset against the net income of the other members of the combined reporting
5group in the same taxable year may be carried forward as provided under s. 71.26
6(4), except that any net business loss carried forward to a subsequent taxable year
7may be offset against either the net income of the corporation that incurred the net
8business loss or the net income of the combined reporting group of which the
9corporation is a member, in the manner prescribed by rule by the department.
SB44-SSA1-SA15,27,1310 (b) A corporation that is a member of a combined reporting group may not carry
11forward a net business loss from a taxable year beginning before January 1, 2004,
12if the corporation was not subject to the tax imposed under s. 71.23 or 71.43 for the
13same taxable year.
SB44-SSA1-SA15,27,2414 (c) A corporation that is a member of a combined reporting group and that
15incurred a Wisconsin net business loss in a taxable year beginning before January
161, 2004, that has not been offset against the corporation's net income in subsequent
17taxable years, may offset the remaining net business loss against the corporation's
18net income as determined under sub. (6). If the corporation joins in filing a group
19return under sub. (5) and the corporation's remaining net business loss exceeds the
20corporation's net income as determined under sub. (6) for the first taxable year
21beginning after December 31, 2003, that the corporation is subject to this section, the
22corporation may annually offset up to 20% of the remaining net business loss against
23the net income of the other members of the combined reporting group that join in
24filing a group return under sub. (5).
SB44-SSA1-SA15,28,10
1(9) Net income or loss for corporations with different accounting periods.
2If a taxpayer member has a different accounting period than the common accounting
3period of the combined reporting group, the combined reporting group shall assign
4the combined report income or loss for the combined reporting group, as determined
5under sub. (6), proportionally to the number of months in the taxpayer member's
6taxable year that are wholly or partly within the combined reporting group's common
7accounting period. The total amount of income or loss assigned to a taxpayer member
8under this subsection for the portions of the common accounting period that are
9included in the taxpayer member's taxable period shall be aggregated or netted to
10determine the taxpayer member's apportionable income.
SB44-SSA1-SA15,28,12 11(10) Net tax liability. (a) A corporation that files a separate return under this
12section shall determine its net tax liability as follows:
SB44-SSA1-SA15,28,1413 1. Multiply the amount determined under sub. (6) (i) for the corporation by the
14tax rate under s. 71.27 or 71.46, as appropriate.
SB44-SSA1-SA15,28,1915 2. From the amount determined under subd. 1., subtract the corporation's tax
16credits under s. 71.28 or 71.47 based on the corporation's expenses. The corporation
17may not offset any of its tax credits, or tax credit carry forwards, against the tax
18liability of any other member of the combined reporting group to which the
19corporation belongs.
SB44-SSA1-SA15,28,2120 (b) A combined reporting group that files a group return under this section shall
21determine its net tax liability as follows:
SB44-SSA1-SA15,28,2322 1. Multiply the amount determined under sub. (6) (i) for the combined reporting
23group by the tax rate under s. 71.27 or 71.46, as appropriate.
SB44-SSA1-SA15,28,2524 2. From the amount determined under subd. 1., subtract the tax credits under
25ss. 71.28 and 71.47 for all taxpayer members of the combined reporting group.
SB44-SSA1-SA15,29,7
1(11) Estimated tax payments. (a) For the first 2 taxable years that a group
2return is filed under this section, estimated taxes under ss. 71.29 and 71.48 may be
3paid on a group basis or on a separate basis. The amount of any separate estimated
4taxes paid in the first 2 taxable years that a group return is filed shall be credited
5against the group's tax liability. The designated agent shall notify the department
6of any estimated taxes paid on a separate basis in the first 2 taxable years that a
7group return is filed.
SB44-SSA1-SA15,29,208 (b) If a group return is filed for 2 consecutive taxable years, estimated taxes
9under ss. 71.29 and 71.48 shall be paid on a group basis for each subsequent taxable
10year until such time as separate returns are filed by the corporations that were
11members of a combined reporting group that filed group returns under this section.
12For each taxable year in which combined estimated taxes are paid under this
13subsection, the department shall consider the combined reporting group filing a
14group return to be one taxpayer for purposes of computing interest on the
15underpayment of estimated taxes. If a corporation subject to this section files a
16separate return in a taxable year following a year in which the corporation joined in
17filing a group return, the amount of any estimated tax payments made on a group
18basis for the previous year shall be credited against the tax liability of the corporation
19that files a separate return, as allocated by the designated agent with the
20department's approval.
SB44-SSA1-SA15,29,2521 (c) If a combined reporting group pays estimated taxes on a group basis for a
22taxable year or for any part of a taxable year, and the members of the combined
23reporting group file separate returns for the taxable year, the designated agent, with
24the department's approval, shall allocate the estimated tax payments among the
25members of the combined reporting group.
SB44-SSA1-SA15,30,5
1(d) If estimated taxes are paid on a group basis for a taxable year but the group
2does not file a group return for the taxable year and did not file a group return for
3the previous taxable year, the estimated tax shall be credited to the member of the
4combined reporting group that made the estimated tax payment on the group's
5behalf.
SB44-SSA1-SA15,30,86 (e) If a combined reporting group that will file a group return applies for a
7refund of estimated taxes under s. 71.29 (3m), the department shall determine the
8combined reporting group's eligibility for a refund on a group basis.
SB44-SSA1-SA15,30,11 9(12) Interest for underpayment of estimated tax. (a) General. The amount
10of interest that is due for an underpayment of estimated taxes under sub. (11) shall
11be computed as follows:
SB44-SSA1-SA15,30,1512 1. For the first year in which a combined reporting group files a group return,
13the amount of interest that is due for an underpayment of estimated taxes shall be
14determined by using the aggregate of the tax and income shown on the returns filled
15by the members of the combined reporting group for the previous year.
SB44-SSA1-SA15,30,2016 2. For any year in which a combined reporting group files a group return, the
17department shall determine if the combined reporting group qualifies for the
18exception to interest under s. 71.29 (7) (b) by using the aggregate of the amount of
19the tax liability and the amount of the net income of all members of the combined
20reporting group.
SB44-SSA1-SA15,30,2521 3. For any year in which a combined reporting group files a group return, the
22department shall determine if the installment provisions under s. 71.29 (9) or (10)
23apply to the combined reporting group by using the aggregate of the amount of the
24tax liability and the amount of the net income of all members of the combined
25reporting group.
SB44-SSA1-SA15,31,7
14. For estimated taxes paid under sub. (11) (c), the amount of interest that is
2due from a member of a combined reporting group for an underpayment of estimated
3taxes paid by the member shall be determined by using the member's separate items
4from the group return filed for the previous year and the member's allocated share
5of the combined estimated tax payments for the current year. The designated agent
6shall report the member's allocated share of the combined estimated tax payments
7for the current year to the department, in the manner prescribed by the department.
SB44-SSA1-SA15,31,118 (b) Entering a group. If a corporation becomes a member of a combined
9reporting group during a common accounting period under sub. (4), the combined
10reporting group shall make the following adjustments to determine the amount of
11interest that is due for an underpayment of estimated taxes:
SB44-SSA1-SA15,31,1612 1. If a corporation becomes a member of a combined reporting group at the
13beginning of a common accounting period, the combined reporting group shall
14include with the corresponding items on the group return for the previous common
15accounting period the separate items shown on the corporation's return for the
16previous taxable year.
SB44-SSA1-SA15,31,2117 2. If a corporation is not a member of a combined reporting group for an entire
18common accounting period, the combined reporting group shall include with the
19corresponding items on the group return for the current taxable year the
20corporation's separate items for that portion of the common accounting period that
21the corporation was not a member of the combined reporting group.
SB44-SSA1-SA15,32,222 3. To determine the separate items under subds. 1. and 2., if a corporation is
23a member of a combined reporting group during a portion of a common accounting
24period in which the corporation becomes a member of another combined reporting
25group, the corporation's separate items shall include the separate items that are

1attributed to the corporation by the designated agent of the first combined reporting
2group.
SB44-SSA1-SA15,32,63 (c) Leaving a group. If a corporation leaves a combined reporting group during
4a common accounting period under sub. (4), the combined reporting group shall make
5the following adjustments to determine the amount of interest that is due for an
6underpayment of estimated taxes:
SB44-SSA1-SA15,32,117 1. If a corporation leaves a combined reporting group before the first day of a
8common accounting period, the combined reporting group shall exclude the separate
9items that the designated agent of the combined reporting group attributed to the
10corporation for the preceding common accounting period from the corresponding
11items of the combined reporting group for the preceding common accounting period.
SB44-SSA1-SA15,32,1612 2. If a corporation leaves a combined reporting group after the first day of a
13common accounting period, the combined reporting group shall exclude the separate
14items that the designated agent of the combined reporting group attributed to the
15corporation for the common accounting period from the corresponding items of the
16combined reporting group for the current common accounting period.
SB44-SSA1-SA15,32,2417 3. A corporation that leaves a combined reporting group shall use the separate
18items that the designated agent of the combined reporting group attributed to the
19corporation to determine the amount of interest that is owed for any underpayment
20of estimated taxes under sub. (11) for the first taxable year beginning after the day
21that the corporation leaves the combined reporting group or, for a corporation that
22has a different accounting period than the combined reporting group, for the portion
23of the corporation's separate taxable year that remains after the day that the
24corporation leaves the combined reporting group.
SB44-SSA1-SA15,33,16
1(13) Assessment notice. If the department sends a notice of taxes that are
2owed by a combined reporting group to the designated agent of a combined reporting
3group, the notice shall name each corporation that joined in filing the group return
4related to the notice during any part of the period covered by the notice. The
5department's failure to name a corporation on a notice under this subsection shall
6not invalidate the notice as to the unnamed corporation. Any levy, lien, or other
7proceeding to collect the amount of a tax assessment under this section shall name
8the corporation from which the department shall collect the assessment. If a
9corporation that joined in the filing of a group return leaves the combined reporting
10group, the department shall send the corporation a copy of any notice sent to the
11combined reporting group under this subsection if the corporation notifies the
12department that the corporation is no longer a member of the combined reporting
13group and if the corporation requests in writing that the department send notices
14under this subsection to the corporation. The department's failure to comply with
15a corporation's request to receive a notice does not affect the tax liability of the
16corporation.
SB44-SSA1-SA15,33,22 17(14) Liability for tax, interest, and penalty. If members of a combined
18reporting group file a group return, the members of the combined reporting group
19shall be jointly and severally liable for any combined tax, interest, or penalty. The
20liability of a member of a combined reporting group for any combined tax, interest,
21or penalty shall not be reduced by an agreement with another member of the
22combined reporting group or by an agreement with another person.
SB44-SSA1-SA15,34,3 23(15) Presumptions and burden of proof. A commonly controlled group shall
24be presumed to be engaged in a unitary business and all of the income of the unitary
25business shall be presumed to be apportionable business income under this section.

1A corporation, partnership, or limited liability company has the burden of proving
2that it is not a member of a commonly controlled group that is subject to this section.
3The department shall promulgate rules to implement this subsection.
SB44-SSA1-SA15,34,8 4(16) Information. (a) A member of a commonly controlled group shall retain
5any information, and provide such information to the department at the
6department's request, that the department considers necessary to administer this
7section, including all documents submitted to or obtained from the Internal Revenue
8Service or other states regarding income and taxing jurisdiction.
SB44-SSA1-SA15,34,139 (b) A member of a commonly controlled group shall identify, at the department's
10request, the name, job title, and address of the member's principal officers or
11employees who have substantial knowledge of, and access to, documents that specify
12the pricing policies, profit centers, cost centers, and methods of allocating income and
13expenses among cost centers related to the operations of the member.
SB44-SSA1-SA15,34,1814 (c) A member of a commonly controlled group shall retain all information
15provided under par. (a) during any period for which the member's tax liability to this
16state is subject to adjustment, including any period in which the state may assess
17additional income or franchise taxes, an appeal of the member's tax assessment is
18pending, or a suit related to the member's tax liability is pending.
SB44-SSA1-SA15,34,23 19(17) Corporations not filing. If a corporation that is required to report under
20this section directly or indirectly owns or controls any other corporation, or is directly
21or indirectly owned or controlled by another corporation, the department may
22require that such other corporations join in filing a combined report under this
23section.".
SB44-SSA1-SA15,34,24 243. Page 655, line 2: after that line insert:
SB44-SSA1-SA15,35,1
1" Section 1582dyb. 71.26 (3) (x) of the statutes is amended to read:
SB44-SSA1-SA15,35,62 71.26 (3) (x) Sections 1501 to 1505, 1551, 1552, 1563 and 1564 (relating to
3consolidated returns) are excluded, except to the extent that they pertain to
4intercompany transactions and the carry forward of net business loss under s. 71.255
5and except that they are modified so that more than 50% ownership is substituted
6for at least 80% ownership
.
SB44-SSA1-SA15, s. 1582dyc 7Section 1582dyc. 71.26 (4) of the statutes is amended to read:
SB44-SSA1-SA15,35,248 71.26 (4) Net business loss carry-forward. A corporation, except a tax-option
9corporation or an insurer to which s. 71.45 (4) applies, may offset against its
10Wisconsin net business income any Wisconsin net business loss sustained in any of
11the next 15 preceding taxable years, if the corporation was subject to taxation under
12this chapter in the taxable year in which the loss was sustained, to the extent not
13offset by other items of Wisconsin income in the loss year and by Wisconsin net
14business income of any year between the loss year and the taxable year for which an
15offset is claimed. For purposes of this subsection Wisconsin net business income or
16loss shall consist of all the income attributable to the operation of a trade or business
17in this state, less the business expenses allowed as deductions in computing net
18income. The Wisconsin net business income or loss of corporations engaged in
19business within and without the state shall be determined under s. 71.255 or 71.25
20(6) and (10) to (12). Nonapportionable losses having a Wisconsin situs under s. 71.25
21(5) (b) shall be included in Wisconsin net business loss; and nonapportionable income
22having a Wisconsin situs under s. 71.25 (5) (b), whether taxable or exempt, shall be
23included in other items of Wisconsin income and Wisconsin net business income for
24purposes of this subsection.
SB44-SSA1-SA15, s. 1582dyd 25Section 1582dyd. 71.29 (2) of the statutes is amended to read:
SB44-SSA1-SA15,36,3
171.29 (2) Who shall pay. Every Except as provided in s. 71.255 (11), every
2corporation subject to tax under s. 71.23 (1) or (2) and every virtually exempt entity
3subject to tax under s. 71.125 or 71.23 (1) or (2) shall pay an estimated tax.".
SB44-SSA1-SA15,36,4 44. Page 674, line 18: after that line insert:
SB44-SSA1-SA15,36,5 5" Section 1583dpb. 71.44 (1) (a) of the statutes is amended to read:
SB44-SSA1-SA15,36,236 71.44 (1) (a) Every Except as provided in par. (e), every corporation, except
7corporations all of whose income is exempt from taxation and except as provided in
8sub. (1m), shall furnish to the department a true and accurate statement, on or before
9March 15 of each year, except that returns for fiscal years ending on some other date
10than December 31 shall be furnished on or before the 15th day of the 3rd month
11following the close of such fiscal year and except that returns for less than a full
12taxable year shall be furnished on or before the date applicable for federal income
13taxes under the internal revenue code, in such manner and form and setting forth
14such facts as the department deems necessary to enforce this chapter. Every
15corporation that is required to furnish a statement under this paragraph and that
16has income that is not taxable under this subchapter shall include with its statement
17a report that identifies each item of its nontaxable income. The statement shall be
18subscribed by the president, vice president, treasurer, assistant treasurer, chief
19accounting officer or any other officer duly authorized so to act. In the case of a return
20made for a corporation by a fiduciary, the fiduciary shall subscribe the return. The
21fact that an individual's name is subscribed on the return shall be prima facie
22evidence that the individual is authorized to subscribe the return on behalf of the
23corporation.
SB44-SSA1-SA15, s. 1583dpc 24Section 1583dpc. 71.44 (1) (e) of the statutes is created to read:
SB44-SSA1-SA15,37,3
171.44 (1) (e) A corporation that is a member of a commonly controlled group,
2as defined in s. 71.255 (1) (d), and engaged in a unitary business, as defined in s.
371.255 (1) (m), shall file a tax return under s. 71.255.
SB44-SSA1-SA15, s. 1583dpd 4Section 1583dpd. 71.45 (3) (intro.) of the statutes is amended to read:
SB44-SSA1-SA15,37,135 71.45 (3) Apportionment. (intro.) With respect Except as provided in sub. (3d),
6to determine Wisconsin income for purposes of the franchise tax, domestic insurers
7not engaged in the sale of life insurance but which that, in the taxable year, have
8collected received premiums, other than life insurance premiums, written on
9subjects of
for insurance on property or risks resident, located or to be performed
10outside this state, there shall be subtracted from multiply the net income figure
11derived by application of sub. (2) (a) to arrive at Wisconsin income constituting the
12measure of the franchise tax an amount calculated by multiplying such adjusted
13federal taxable income
by the arithmetic average of the following 2 percentages:
SB44-SSA1-SA15, s. 1583dpe 14Section 1583dpe. 71.45 (3) (a) of the statutes is amended to read:
SB44-SSA1-SA15,38,515 71.45 (3) (a) The Subject to sub. (3d), the percentage of total determined by
16dividing the sum of direct
premiums written on all property and risks for insurance
17other than life insurance, with respect to all property and risks resident, located, or
18to be performed in this state, and assumed premiums written for reinsurance, other
19than life insurance, with respect to all property and risks resident, located, or to be
20performed in this state, by the sum of direct premiums written for insurance on all
21property and risks, other than life insurance,
wherever located during the taxable
22year, as reflects
, and assumed premiums written on insurance for reinsurance on all
23property and risks
, other than life insurance, where the subject of insurance was
24resident, located or to be performed outside this state
wherever located. In this
25paragraph, "direct premiums" means direct premiums as reported for the taxable

1year on an annual statement that is filed by the insurer with the commissioner of
2insurance under s. 601.42 (1g) (a). In this paragraph, "assumed premiums" means
3assumed reinsurance premiums from domestic insurance companies as reported for
4the taxable year on an annual statement that is filed with the commissioner of
5insurance under s. 601.42 (1g) (a)
.
SB44-SSA1-SA15, s. 1583dpf 6Section 1583dpf. 71.45 (3) (b) of the statutes is renumbered 71.45 (3) (b) 1.
7and amended to read:
SB44-SSA1-SA15,38,128 71.45 (3) (b) 1. The Subject to sub. (3d), the percentage of determined by
9dividing the payroll, exclusive of life insurance payroll, paid in this state in the
10taxable year by
total payroll, exclusive of life insurance payroll, paid everywhere in
11the taxable year as reflects such compensation paid outside this state.
12Compensation
.
SB44-SSA1-SA15,38,21 132. Under subd. 1., payroll is paid outside in this state if the individual's service
14is performed entirely outside in this state; or the individual's service is performed
15both within and without in and outside of this state, but the service performed within
16outside of this state is incidental to the individual's service without in this state; or
17some service is performed without in this state and the base of operations, or if there
18is no base of operations, the place from which the service is directed or controlled is
19without in this state, or the base of operations or the place from which the service is
20directed or controlled is not in any state in which some part of the service is
21performed, but the individual's residence is outside in this state.
SB44-SSA1-SA15, s. 1583dpg 22Section 1583dpg. 71.45 (3d) of the statutes is created to read:
SB44-SSA1-SA15,39,323 71.45 (3d) Phase in; domestic insurers. (a) For taxable years beginning after
24December 31, 2003, and before January 1, 2005, a domestic insurer that is subject
25to apportionment under sub. (3) and this subsection shall multiply the net income

1figure derived by the application of sub. (2) by an apportionment fraction composed
2of the percentage under sub. (3) (a) representing 60% of the fraction and the
3percentage under sub. (3) (b) 1. representing 40% of the fraction.
SB44-SSA1-SA15,39,94 (b) For taxable years beginning after December 31, 2004, and before January
51, 2008, a domestic insurer that is subject to apportionment under sub. (3) and this
6subsection shall multiply the net income figure derived by the application of sub. (2)
7by an apportionment fraction composed of the percentage under sub. (3) (a)
8representing 80% of the fraction and the percentage under sub. (3) (b) 1. representing
920% of the fraction.
SB44-SSA1-SA15,39,1310 (c) For taxable years beginning after December 31, 2005, a domestic insurer
11that is subject to apportionment under sub. (3) and this subsection shall multiply the
12net income figure derived by the application of sub. (2) by the percentage under sub.
13(3) (a).
SB44-SSA1-SA15, s. 1583dph 14Section 1583dph. 71.45 (3e) of the statutes is created to read:
SB44-SSA1-SA15,39,1915 71.45 (3e) Apportionment formula computation. (a) 1. For taxable years
16beginning before January 1, 2006, if both the numerator and the denominator used
17to determine the percentage under sub. (3) (a) related to a taxpayer's net income are
18zero, the percentage under sub. (3) (a) is eliminated from the apportionment formula
19to determine the taxpayer's income under sub. (3).
SB44-SSA1-SA15,39,2320 2. For taxable years beginning after December 31, 2005, if both the numerator
21and the denominator used to determine the percentage under sub. (3) (a) related to
22a taxpayer's net income are zero, none of the taxpayer's net income is apportioned
23to this state.
SB44-SSA1-SA15,40,324 (b) 1. For taxable years beginning before January 1, 2006, if the numerator
25used to determine the percentage under sub. (3) (a) related to a taxpayer's net income

1is a negative number and the denominator used to determine the percentage under
2sub. (3) (a) related to a taxpayer's net income is a positive number, a negative number,
3or zero, the percentage under sub. (3) (a) is zero.
SB44-SSA1-SA15,40,84 2. For taxable years beginning after December 31, 2005, if the numerator used
5to determine the percentage under sub. (3) (a) related to a taxpayer's net income is
6a negative number and the denominator used to determine the percentage under
7sub. (3) (a) related to a taxpayer's net income is a positive number, a negative number,
8or zero, none of the taxpayer's net income is apportioned to this state.
SB44-SSA1-SA15,40,139 (c) 1. For taxable years beginning before January 1, 2006, if the numerator used
10to determine the percentage under sub. (3) (a) related to a taxpayer's net income is
11a positive number and the denominator used to determine the percentage under sub.
12(3) (a) related to a taxpayer's net income is zero or a negative number, the percentage
13under sub. (3) (a) is one.
SB44-SSA1-SA15,40,1814 2. For taxable years beginning after December 31, 2005, if the numerator used
15to determine the percentage under sub. (3) (a) related to a taxpayer's net income is
16a positive number and the denominator used to determine the percentage under sub.
17(3) (a) related to a taxpayer's net income is zero or a negative number, all of the
18taxpayer's net income is apportioned to this state.
SB44-SSA1-SA15, s. 1583dpi 19Section 1583dpi. 71.45 (3m) of the statutes is amended to read:
SB44-SSA1-SA15,41,220 71.45 (3m) Arithmetic average. The Except as provided in sub. (3d), the
21arithmetic average of the 2 percentages referred to in sub. (3) shall be applied to the
22net income figure arrived at by the successive application of sub. (2) (a) and (b) with
23respect to Wisconsin insurers to which sub. (2) (a) and (b) applies and which have
24collected received premiums, other than life insurance premiums, written upon for
25insurance, other than life insurance, where the subject of such insurance was on

1property or risks
resident, located or to be performed outside this state, to arrive at
2Wisconsin income constituting the measure of the franchise tax.
SB44-SSA1-SA15, s. 1583dpj 3Section 1583dpj. 71.46 (3) of the statutes is repealed.
SB44-SSA1-SA15, s. 1583dpk 4Section 1583dpk. 71.48 of the statutes is amended to read:
SB44-SSA1-SA15,41,7 571.48 Payments of estimated taxes. Sections Except as provided in s.
671.255 (11), ss.
71.29 and 71.84 (2) shall apply to insurers subject to taxation under
7this chapter.".
SB44-SSA1-SA15,41,8 85. Page 677, line 25: after that line insert:
SB44-SSA1-SA15,41,9 9" Section 1590m. 71.84 (2) (a) of the statutes is amended to read:
SB44-SSA1-SA15,41,2010 71.84 (2) (a) Except as provided in s. 71.29 (7), in the case of any underpayment
11of estimated tax under s. 71.255, 71.29 or 71.48 there shall be added to the aggregate
12tax for the taxable year interest at the rate of 12% per year on the amount of the
13underpayment for the period of the underpayment. For corporations, except as
14provided in par. (b), "period of the underpayment" means the time period from the
15due date of the installment until either the 15th day of the 3rd month beginning after
16the end of the taxable year or the date of payment, whichever is earlier. If 90% of the
17tax shown on the return is not paid by the 15th day of the 3rd month following the
18close of the taxable year, the difference between that amount and the estimated taxes
19paid, along with any interest due, shall accrue delinquent interest under s. 71.91 (1)
20(a).".
SB44-SSA1-SA15,41,21 216. Page 1072, line 14: after that line insert:
SB44-SSA1-SA15,41,23 22"(10wx) Estimate of increased general purpose revenues; Senior Care
23Program.
SB44-SSA1-SA15,42,3
1(a) Upon receipt of the report specified under Section 9145 (1wx), the
2department of health and family services shall provide to the joint committee on
3finance all of the following:
SB44-SSA1-SA15,42,7 41. Any recommended decreases in copayments, deductibles, or enrollment fees
5or any recommended income level eligibility changes for participants in the program
6of prescription drug assistance for elderly persons under section 49.688 of the
7statutes, as affected by this act.
SB44-SSA1-SA15,42,9 82. Any recommended increases in the appropriation account under section
920.435 (4) (bv) of the statutes for fiscal years 2005-06 and 2006-07.
SB44-SSA1-SA15,42,10 103. Any statutory language changes necessary to effect subdivision 1.
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