AB100-ASA1,669,423
71.34
(1g) (r) "Internal Revenue Code" for tax-option corporations, for taxable
24years that begin after December 31, 2004, means the federal Internal Revenue Code
25as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.
1102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
2sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
34, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
4431 of P.L.
107-16, section 101 of P.L.
107-147, sections 106, 201, and 202 of P.L.
5108-27, section 1201 of P.L.
108-173, sections 306, 308, 401, and 403 (a) of P.L.
6108-311, and sections 101, 201, 244, 336, 337, 909, and 910 of P.L.
108-357, and as
7indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
8100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
9(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
10101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
11excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
12103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
13103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
14excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
15104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
16105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
17162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
18107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding section 101
19of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
20excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
21excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
22excluding sections 306, 308, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
23sections 101, 201, 244, 336, 337, 909, and 910 of P.L.
108-357, P.L.
108-375, and P.L.
24108-476, except that section 1366 (f) (relating to pass-through of items to
25shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
1sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
2at the same time as for federal purposes. Amendments to the federal Internal
3Revenue Code enacted after December 31, 2004, do not apply to this paragraph with
4respect to taxable years beginning after December 31, 2004.
AB100-ASA1,670,258
71.42
(2) (k) For taxable years that begin after December 31, 1996, and before
9January 1, 1998, "Internal Revenue Code" means the federal Internal Revenue Code
10as amended to December 31, 1996, excluding sections 103, 104, and 110 of P.L.
11102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 12and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
13amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
14106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
15section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and
16406 of P.L.
107-147,
and P.L.
107-181,
P.L. 108-121, excluding section 109 of P.L.
17108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
18108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910
19of P.L. 108-357, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647,
20P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
21excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
22103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
23103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
24excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
25104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
1106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16,
2excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections
3101 and 406 of P.L.
107-147,
and P.L.
107-181,
P.L. 108-121, excluding section 109
4of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of
5P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and
6910 of P.L. 108-357, except that "Internal Revenue Code" does not include section
7847 of the federal Internal Revenue Code. The Internal Revenue Code applies for
8Wisconsin purposes at the same time as for federal purposes. Amendments to the
9federal Internal Revenue Code enacted after December 31, 1996, do not apply to this
10paragraph with respect to taxable years beginning after December 31, 1996, and
11before January 1, 1998, except that changes to the Internal Revenue Code made by
12P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554,
13excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431
14of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
15107-147,
and P.L.
107-181,
P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
16108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
17108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, 18and changes that indirectly affect the provisions applicable to this subchapter made
19by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554,
20excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431
21of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
22107-147,
and P.L.
107-181,
P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
23108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
24108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, 25apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,672,202
71.42
(2) (L) For taxable years that begin after December 31, 1997, and before
3January 1, 1999, "Internal Revenue Code" means the federal Internal Revenue Code
4as amended to December 31, 1997, excluding sections 103, 104, and 110 of P.L.
5102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 6and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
7amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
8P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
9section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and
10406 of P.L.
107-147,
and P.L.
107-181,
P.L. 108-121, excluding section 109 of P.L.
11108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
12108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910
13of P.L. 108-357, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647,
14P.L.
101-73, 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.
106-554, excluding sections 162 and 165 of
21P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
22107-147, excluding sections 101 and 406 of P.L.
107-147,
and P.L.
107-181,
P.L.
23108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
24307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
25201, 244, 336, 337, 909, and 910 of P.L. 108-357, except that "Internal Revenue Code"
1does not include section 847 of the federal Internal Revenue Code. The Internal
2Revenue Code applies for Wisconsin purposes at the same time as for federal
3purposes. Amendments to the federal Internal Revenue Code enacted after
4December 31, 1997, do not apply to this paragraph with respect to taxable years
5beginning after December 31, 1997, and before January 1, 1999, except that
6changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
7105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of
8P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
9107-147, excluding sections 101 and 406 of P.L.
107-147,
and P.L.
107-181,
P.L.
10108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
11307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
12201, 244, 336, 337, 909, and 910 of P.L. 108-357, and changes that indirectly affect
13the provisions applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
14105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of
15P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
16107-147, excluding sections 101 and 406 of P.L.
107-147,
and P.L.
107-181,
P.L.
17108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
18307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
19201, 244, 336, 337, 909, and 910 of P.L. 108-357, apply for Wisconsin purposes at the
20same time as for federal purposes.
AB100-ASA1,674,1522
71.42
(2) (m) For taxable years that begin after December 31, 1998, and before
23January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
24as amended to December 31, 1998, 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.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding
3sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
4107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
107-147,
5P.L.
107-181,
and P.L.
107-276,
P.L. 108-121, excluding section 109 of P.L. 108-121,
6P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and
7P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L.
8108-357, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
9101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
10excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
11103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
12103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
13excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
14104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
15105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
16162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
17107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
107-147, P.L.
107-181,
18and P.L.
107-276,
P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-311,
19excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357,
20excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, except that
21"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
22Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
23as for federal purposes. Amendments to the federal Internal Revenue Code enacted
24after December 31, 1998, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1998, and before January 1, 2000, except that
1changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170, P.L.
2106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16,
3excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections
4101 and 406 of P.L.
107-147, P.L.
107-181,
and P.L.
107-276,
P.L. 108-121, excluding
5section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and
6403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337,
7909, and 910 of P.L. 108-357, and changes that indirectly affect the provisions
8applicable to this subchapter made by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
9106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
10section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101 and
11406 of P.L.
107-147, P.L.
107-181,
and P.L.
107-276,
P.L. 108-121, excluding section
12109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a)
13of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
14and 910 of P.L. 108-357, apply for Wisconsin purposes at the same time as for federal
15purposes.
AB100-ASA1,676,1617
71.42
(2) (n) For taxable years that begin after December 31, 1999, and before
18January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
19as amended to December 31, 1999, 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.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
23106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22,
24P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
25107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276,
and P.L.
107-358,
P.L. 108-27,
1excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section
2109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308,
3401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244,
4336, 337, 909, and 910 of P.L. 108-357, and as indirectly affected by P.L.
99-514, P.L.
5100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
6101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
7102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
813174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
9104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
10(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
11105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
12106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
13excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
14107-147, excluding sections 101 and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210,
15P.L.
107-276,
and P.L.
107-358,
P.L. 108-27, excluding sections 106, 201, and 202
16of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-218, P.L.
17108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
18108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, 19except that "Internal Revenue Code" does not include section 847 of the federal
20Internal Revenue Code. The Internal Revenue Code applies for Wisconsin purposes
21at the same time as for federal purposes. Amendments to the federal Internal
22Revenue Code enacted after December 31, 1999, do not apply to this paragraph with
23respect to taxable years beginning after December 31, 1999, and before January 1,
242003, except that changes to the Internal Revenue Code made by P.L.
106-230, P.L.
25106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
1excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
2107-147, excluding sections 101 and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210,
3P.L.
107-276,
and P.L.
107-358,
P.L. 108-27, excluding sections 106, 201, and 202
4of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-218, P.L.
5108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
6108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, 7and changes that indirectly affect the provisions applicable to this subchapter made
8by P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
9107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116,
10P.L.
107-134, P.L.
107-147, excluding sections 101 and 406 of P.L.
107-147, P.L.
11107-181, P.L.
107-210, P.L.
107-276,
and P.L.
107-358,
P.L. 108-27, excluding
12sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L.
13108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
14(a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
15and 910 of P.L. 108-357, apply for Wisconsin purposes at the same time as for federal
16purposes.
AB100-ASA1,678,1118
71.42
(2) (o) For taxable years that begin after December 31, 2002,
and before
19January 1, 2004, "Internal Revenue Code" means the federal Internal Revenue Code
20as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
21102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
22sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
23sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
24section 101 of P.L.
107-147,
and as amended by P.L. 108-27, excluding sections 106,
25201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
1108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L.
2108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L.
3108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
4and P.L. 108-375, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
5100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
6102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
7102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
9104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
10104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
11105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
12excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
13section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
14excluding section 101 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276,
and 15P.L.
107-358,
P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L.
16108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section 1201
17of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306,
18307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201,
19244, 336, 337, 909, and 910 of P.L. 108-357, and P.L. 108-375, except that "Internal
20Revenue Code" does not include section 847 of the federal Internal Revenue Code.
21The Internal Revenue Code applies for Wisconsin purposes at the same time as for
22federal purposes. Amendments to the federal Internal Revenue Code enacted after
23December 31, 2002, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 2002
, and before January 1, 2004, except that changes
25to the Internal Revenue Code made by P.L. 108-27, excluding sections 106, 201, and
1202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173,
2excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
3excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
4excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, and P.L.
5108-375, and changes that indirectly affect the provisions applicable to this
6subchapter made by P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27,
7P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section
81201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections
9306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101,
10201, 244, 336, 337, 909, and 910 of P.L. 108-357, and P.L. 108-375, apply for
11Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,680,213
71.42
(2) (p) For taxable years that begin after December 31, 2003, and before
14January 1, 2005, "Internal Revenue Code" means the federal Internal Revenue Code
15as amended to December 31, 2003, 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,
17sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
18sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, section
19101 of P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section 109 of P.L.
20108-121, and section 1201 of P.L.
108-173, and as amended by P.L.
108-203, P.L.
21108-218, P.L.
108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
22108-311, P.L.
108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of
23P.L.
108-357, P.L.
108-375, and P.L.
108-476, 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 1123 (b), 1202 (c), 1204 (f),
41311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
5105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
6106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
7P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
8107-134, P.L.
107-147, excluding section 101 of P.L.
107-147, P.L.
107-181, P.L.
9107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
10202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-173,
11excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
12excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
13excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L.
108-357, P.L.
14108-375, and P.L.
108-476, except that "Internal Revenue Code" does not include
15section 847 of the federal Internal Revenue Code. The Internal Revenue Code
16applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the federal Internal Revenue Code enacted after December 31, 2003,
18do not apply to this paragraph with respect to taxable years beginning after
19December 31, 2003, and before January 1, 2005, except that changes to the Internal
20Revenue Code made by P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections
21306, 307, 308, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101,
22201, 244, 336, 337, 909, and 910 of P.L.
108-357, P.L.
108-375, and P.L.
108-476, and
23changes that indirectly affect the provisions applicable to this subchapter made by
24P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308, 401, and
25403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 244, 336, 337, 909,
1and 910 of P.L.
108-357, P.L.
108-375, and P.L.
108-476, apply for Wisconsin
2purposes at the same time as for federal purposes.
AB100-ASA1,681,74
71.42
(2) (q) For taxable years that begin after December 31, 2004, "Internal
5Revenue Code" means the federal Internal Revenue Code as amended to
6December 31, 2004, excluding sections 103, 104, and 110 of P.L.
102-227, sections
713113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
81202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
9106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
10107-16, section 101 of P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section
111201 of P.L.
108-173, sections 306, 308, 401, and 403 (a) of P.L.
108-311, and sections
12101, 201, 244, 336, 337, 909, and 910 of P.L.
108-357, and as indirectly affected by
13P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
14P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
15102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
16(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
17103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
181311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
19105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
20106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
21P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
22107-134, P.L.
107-147, excluding section 101 of P.L.
107-147, P.L.
107-181, P.L.
23107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
24202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
25108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 401,
1and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 244, 336, 337,
2909, and 910 of P.L.
108-357, P.L.
108-375, and P.L.
108-476, except that "Internal
3Revenue Code" does not include section 847 of the federal Internal Revenue Code.
4The Internal Revenue Code applies for Wisconsin purposes at the same time as for
5federal purposes. Amendments to the federal Internal Revenue Code enacted after
6December 31, 2004, do not apply to this paragraph with respect to taxable years
7beginning after December 31, 2004.
AB100-ASA1,681,109
71.42
(3d) "Member" does not include a member of a limited liability company
10treated as a corporation under s. 71.22
(1) (1k).
AB100-ASA1,681,1312
71.42
(3h) "Partner" does not include a partner of a publicly traded partnership
13treated as a corporation under s. 71.22
(1) (1k).
AB100-ASA1,681,1715
71.45
(1m) Health Insurance Risk-Sharing Plan. The income of the
16organization administering the Health Insurance Risk-Sharing Plan under ch. 149
17is exempt from taxation under this subchapter.
AB100-ASA1,681,2419
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
20computed under s. 71.47 (1dd) to (1dx), (3n),
and (5b)
, and (5g) and not passed
21through by a partnership, limited liability company, or tax-option corporation that
22has added that amount to the partnership's, limited liability company's, or
23tax-option corporation's income under s. 71.21 (4) or 71.34 (1) (g) and the amount of
24credit computed under s. 71.47 (1), (3), (3t), (4), and (5).
AB100-ASA1, s. 1410
2Section
1410. 71.47 (1dL) (c) 2. of the statutes is renumbered 71.47 (1dL) (c).
AB100-ASA1,682,64
71.47
(1dL) (d) Except as provided in par. (c)
2., the carry-over provisions of
5sub. (4) (e) and (f) as they relate to the credit under that subsection relate to the credit
6under this subsection and apply as if the development zone continued to exist.
AB100-ASA1,682,158
71.47
(1dm) (hm)
Credits claimed
A claimant may claim the credit under this
9subsection, including any credits carried over,
may be offset only against the amount
10of the tax otherwise due under this subchapter
attributable to income from the
11business operations of the claimant in the development zone; except that a claimant
12in a development zone under s. 560.795 (1) (e) may offset credits, including any
13credits carried over, against the amount of the tax otherwise due under this
14subchapter attributable to all of the claimant's income; and against the tax
15attributable to income from directly related business operations of the claimant.
AB100-ASA1,683,517
71.47
(1dx) (a) 5. "Member of a targeted group" means a person who resides
18in an
empowerment zone, or an enterprise community, that the U.S. government
19designates area designated by the federal government as an economic revitalization
20area, a person who is employed in an unsubsidized job but meets the eligibility
21requirements under s. 49.145 (2) and (3) for a Wisconsin
works Works employment
22position, a person who is employed in a trial job, as defined in s. 49.141 (1) (n), a
23person who is eligible for child care assistance under s. 49.155, a person who is a
24vocational rehabilitation referral, an economically disadvantaged youth, an
25economically disadvantaged veteran, a supplemental security income recipient, a
1general assistance recipient, an economically disadvantaged ex-convict, a qualified
2summer youth employee, as defined in
26 USC 51 (d) (7), a dislocated worker, as
3defined in
29 USC 2801 (9), or a food stamp recipient
;
, if the person has been certified
4in the manner under sub. (1dj) (am) 3. by a designated local agency, as defined in sub.
5(1dj) (am) 2.
AB100-ASA1, s. 1414
6Section
1414. 71.47 (1dx) (b) (intro.) of the statutes is amended to read:
AB100-ASA1,683,127
71.47
(1dx) (b)
Credit. (intro.) Except
or as provided in pars. (be) and (bg) and
8in s. 73.03 (35), and subject to s. 560.785, for any taxable year for which the person
9is entitled under s. 560.795 (3) to claim tax benefits or certified under s. 560.765 (3),
10560.797 (4) or 560.798 (3), any person may claim as a credit against
the taxes
imposed 11 on the person's income from the person's business activities in a development zone 12otherwise due under this chapter the following amounts:
AB100-ASA1,683,1714
71.47
(2m) (a) 1. b. For partnerships, except publicly traded partnerships
15treated as corporations under s. 71.22
(1) (1k), or limited liability companies, except
16limited liability companies treated as corporations under s. 71.22
(1) (1k), "claimant"
17means each individual partner or member.
AB100-ASA1,683,1919
71.47
(3n) (title)
Dairy and livestock farm investment credit.
AB100-ASA1, s. 1424b
20Section 1424b. 71.47 (3n) (a) 2. (intro.) of the statutes is amended to read:
AB100-ASA1,684,221
71.47
(3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
22construction, the improvement, or the acquisition of buildings or facilities, or the
23acquisition of equipment, for dairy animal housing, confinement, animal feeding,
24milk production, or waste management, including the following, if used exclusively
1related to dairy animals
and if acquired and placed in service in this state during
2taxable years that begin after December 31, 2003, and before January 1, 2010:
AB100-ASA1,684,64
71.47
(3n) (a) 4. "Livestock" means cattle, not including dairy animals; swine;
5poultry, not including farm-raised game birds or ratites; fish that are raised in
6aquaculture facilities; sheep; and goats.
AB100-ASA1,684,138
71.47
(3n) (a) 5. "Livestock farm modernization or expansion" means the
9construction, the improvement, or the acquisition of buildings or facilities, or the
10acquisition of equipment, for livestock housing, confinement, feeding, or waste
11management, including the following, if used exclusively related to livestock and if
12acquired and placed in service in this state during taxable years that begin after
13December 31, 2005, and before January 1, 2012:
AB100-ASA1,684,1414
a. Birthing structures.
AB100-ASA1,684,1515
b. Rearing structures.
AB100-ASA1,684,1616
c. Feedlot structures.
AB100-ASA1,684,1717
d. Feed storage and handling equipment.
AB100-ASA1,684,1919
f. Watering facilities.
AB100-ASA1,684,2121
h. Manure pumping and storage facilities.
AB100-ASA1,684,2323
j. Equipment used to produce energy.
AB100-ASA1,684,2424
k. Fish hatchery buildings.
AB100-ASA1,684,2525
L. Fish processing buildings.
AB100-ASA1,685,1
1m. Fish rearing ponds.
AB100-ASA1,685,53
71.47
(3n) (a) 6. a. For taxable years that begin after December 31, 2003, and
4before January 1, 2006, "used exclusively," related to dairy animals, means used to
5the exclusion of all other uses except for use not exceeding 5 percent of total use.
AB100-ASA1,685,86
b. For taxable years that begin after December 31, 2005, and before January
71, 2010, "used exclusively," related to livestock, dairy animals, or both, means used
8to the exclusion of all other uses except for use not exceeding 5 percent of total use.
AB100-ASA1,685,119
c. For taxable years that begin after December 31, 2009, and before January
101, 2012, "used exclusively," related to livestock, means used to the exclusion of all
11other uses except for use not exceeding 5 percent of total use.
AB100-ASA1, s. 1425b
12Section 1425b. 71.47 (3n) (b) of the statutes is renumbered 71.47 (3n) (b) 1.
AB100-ASA1,685,1914
71.47
(3n) (b) 2. Subject to the limitations provided in this subsection, for
15taxable years that begin after December 31, 2005, and before January 1, 2012, a
16claimant may claim as a credit against the tax imposed under s. 71.43 an amount
17equal to 10 percent of the amount the claimant paid in the taxable year for livestock
18farm modernization or expansion related to the operation of the claimant's livestock
19farm.
AB100-ASA1, s. 1425d
20Section 1425d. 71.47 (3n) (e) of the statutes is renumbered 71.47 (3n) (e) 1.
21and amended to read:
AB100-ASA1,686,522
71.47
(3n) (e) 1. Partnerships, limited liability companies, and tax-option
23corporations may not claim the credit under this subsection, but the eligibility for,
24and the amount of, the credit are based on their payment of expenses under par. (b)
,
25except that the aggregate amount of credits that the entity may compute shall not
1exceed $50,000. A partnership, limited liability company, or tax-option corporation
2shall compute the amount of credit that each of its partners, members, or
3shareholders may claim and shall provide that information to each of them.
4Partners, members of limited liability companies, and shareholders of tax-option
5corporations may claim the credit in proportion to their ownership interest.
AB100-ASA1,686,107
71.47
(3n) (e) 2. If 2 or more persons own and operate the dairy or livestock
8farm, each person may claim a credit under par. (b) in proportion to his or her
9ownership interest, except that the aggregate amount of the credits claimed by all
10persons who own and operate the farm shall not exceed $50,000.
AB100-ASA1,686,2512
71.47
(4) (a)
Credit. Any corporation may credit against taxes otherwise due
13under this chapter an amount equal to 5% of the amount obtained by subtracting
14from the corporation's qualified research expenses, as defined in section
41 of the
15internal revenue code, except that "qualified research expenses" includes only
16expenses incurred by the claimant, incurred for research conducted in this state for
17the taxable year, except that a taxpayer may elect the alternative computation under
18section
41 (c) (4) of the Internal Revenue Code and that election applies until the
19department permits its revocation and except that "qualified research expenses"
20does not include compensation used in computing the credit under subs. (1dj) and
21(1dx), the corporation's base amount, as defined in section
41 (c) of the internal
22revenue code, except that gross receipts used in calculating the base amount means
23gross receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and 2.
and, 24(d)
, (df), and (dh). Section
41 (h) of the internal revenue code does not apply to the
25credit under this paragraph.
AB100-ASA1,688,42
71.47
(4) (am)
Development zone additional research credit. In addition to the
3credit under par. (a), any corporation may credit against taxes otherwise due under
4this chapter an amount equal to 5% of the amount obtained by subtracting from the
5corporation's qualified research expenses, as defined in section
41 of the internal
6revenue code, except that "qualified research expenses" include only expenses
7incurred by the claimant in a development zone under subch. VI of ch. 560, except
8that a taxpayer may elect the alternative computation under section
41 (c) (4) of the
9Internal Revenue Code and that election applies until the department permits its
10revocation and except that "qualified research expenses" do not include
11compensation used in computing the credit under sub. (1dj) nor research expenses
12incurred before the claimant is certified for tax benefits under s. 560.765 (3), the
13corporation's base amount, as defined in section
41 (c) of the internal revenue code,
14in a development zone, except that gross receipts used in calculating the base amount
15means gross receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and
162. and, (d)
, (df), and (dh) and research expenses used in calculating the base amount
17include research expenses incurred before the claimant is certified for tax benefits
18under s. 560.765 (3), in a development zone, if the claimant submits with the
19claimant's return a copy of the claimant's certification for tax benefits under s.
20560.765 (3) and a statement from the department of commerce verifying the
21claimant's qualified research expenses for research conducted exclusively in a
22development zone. The rules under s. 73.03 (35) apply to the credit under this
23paragraph. The rules under sub. (1di) (f) and (g) as they apply to the credit under
24that subsection apply to claims under this paragraph. Section
41 (h) of the internal
25revenue code does not apply to the credit under this paragraph. No credit may be
1claimed under this paragraph for taxable years that begin on January 1, 1998, or
2thereafter. Credits under this paragraph for taxable years that begin before January
31, 1998, may be carried forward to taxable years that begin on January 1, 1998, or
4thereafter.
AB100-ASA1,688,116
71.47
(4) (i)
Nonclaimants. The credits under this subsection may not be
7claimed by a partnership, except a publicly traded partnership treated as a
8corporation under s. 71.22
(1) (1k), limited liability company, except a limited
9liability company treated as a corporation under s. 71.22
(1) (1k), or tax-option
10corporation or by partners, including partners of a publicly traded partnership,
11members of a limited liability company or shareholders of a tax-option corporation.
AB100-ASA1,688,1513
71.47
(5g) Health insurance risk-sharing plan assessments credit. (a)
14Definitions. In this subsection, "claimant" means an insurer, as defined in s. 149.10
15(5), who files a claim under this subsection.
AB100-ASA1,688,2016
(b)
Filing claims. Subject to the limitations provided under this subsection, for
17taxable years beginning after December 31, 2005, a claimant may claim as a credit
18against the taxes imposed under s. 71.43 an amount that is equal to a percentage of
19the amount of assessment under s. 149.13 that the claimant paid in the taxable year,
20as determined under par. (c) 1.
AB100-ASA1,688,2521
(c)
Limitations. 1. The department of revenue, in consultation with the office
22of the commissioner of insurance, shall determine the percentage under par. (b) for
23each claimant for each taxable year so that the cost of the credit under this subsection
24and ss. 71.07 (5g), 71.28 (5g), and 76.655 is as close as practicable to $2,000,000 in
25the 2006-07 fiscal year and $5,000,000 in each fiscal year thereafter.
AB100-ASA1,689,8
12. Partnerships, limited liability companies, and tax-option corporations may
2not claim the credit under this subsection, but the eligibility for, and the amount of,
3the credit are based on their payment of amounts described under par. (b). A
4partnership, limited liability company, or tax-option corporation shall compute the
5amount of credit that each of its partners, members, or shareholders may claim and
6shall provide that information to each of them. Partners, members of limited liability
7companies, and shareholders of tax-option corporations may claim the credit in
8proportion to their ownership interests.
AB100-ASA1,689,109
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
10s. 71.28 (4), applies to the credit under this subsection.
AB100-ASA1,689,1312
71.49
(1) (dm) Health insurance risk-sharing plan assessments credit under
13s. 71.47 (5g).
AB100-ASA1,689,1615
71.58
(1) (c) For partnerships except publicly traded partnerships treated as
16corporations under s. 71.22
(1) (1k), "claimant" means each individual partner.
AB100-ASA1,689,2018
71.58
(1) (cm) For limited liability companies, except limited liability
19companies treated as corporations under s. 71.22
(1)
(1k), "claimant" means each
20individual member.
