JK:jld:jf
2009 - 2010 LEGISLATURE
December 18, 2009 - Introduced by Representatives Strachota, Kestell, Van Roy,
Lothian, Townsend, Meyer, Kaufert, Vos, Newcomer, Gottlieb, Kerkman,
Ziegelbauer, Montgomery, Gunderson, LeMahieu, Roth, Zipperer, Ballweg,
Brooks, Huebsch, Suder, Nygren and Honadel, cosponsored by Senators
Grothman, Wirch, Kapanke, Darling, S. Fitzgerald, Taylor, Kedzie, Leibham,
Lazich, Plale, Olsen, Schultz, Harsdorf and Kanavas. Referred to Joint
Committee on Finance.
AB631,1,3
1An Act to amend 71.01 (6) (um), 71.22 (4) (um), 71.22 (4m) (sm), 71.26 (2) (b) 22.,
271.34 (1g) (um) and 71.42 (2) (tm) of the statutes;
relating to: adopting Internal
3Revenue Code provisions related to individual retirement accounts.
Analysis by the Legislative Reference Bureau
Under federal law, section 512 of Public Law 109-222, the Tax Increase
Prevention and Reconciliation Act of 2005, allows taxpayers who have adjusted gross
income over $100,000 to convert amounts from a traditional individual retirement
account (IRA) to a Roth IRA and pay the federal tax on the IRA distribution over two
years. This bill adopts section 512 of Public Law 109-222 for state income and
franchise tax purposes.
Under federal law, section 811 of Public Law 109-280, the Pension Protection
Act of 2006, makes permanent the pension and IRA provisions of the Economic
Growth and Tax Relief Reconciliation Act of 2001 and increases the amount that a
taxpayer may contribute to retirement plans and IRAs. This bill adopts section 811
of Public Law 109-280 for state income and franchise tax purposes.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB631,3,253
71.01
(6) (um) For taxable years that begin after December 31, 2008, for
4natural persons and fiduciaries, except fiduciaries of nuclear decommissioning trust
5or reserve funds, "Internal Revenue Code" means the federal Internal Revenue Code
6as amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
7102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
8sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
94, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
10431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
11202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
12(a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
13910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
141326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section
15301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
16(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and
17513 of P.L.
109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
18110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
19110-185, P.L.
110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and
20P.L.
110-351 and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647,
21P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
101-508,
1P.L.
102-90, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
2102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
313174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
4104-7, P.L.
104-117, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
51311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
6105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
7106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
8P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
9107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
10107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
11106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
12of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
13308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
14201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
15P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
161323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
17excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
18109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
191400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
20109-222, excluding sections 101, 207, 209, 503,
512, and 513 of P.L.
109-222, P.L.
21109-227, P.L.
109-280, excluding
sections 811 and
section 844 of P.L.
109-280, and
22P.L.
110-458, The Internal Revenue Code applies for Wisconsin purposes at the same
23time as for federal purposes. Amendments to the federal Internal Revenue Code
24enacted after December 31, 2008, do not apply to this paragraph with respect to
25taxable years beginning after December 31, 2008.
AB631,5,233
71.22
(4) (um) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
4(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
5December 31, 2008, means the federal Internal Revenue Code as amended to
6December 31, 2008, 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, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
11108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
12108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
13108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
141329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
15109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
16(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and 513 of P.L.
17109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28, P.L.
18110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
19110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and P.L.
110-351,
20and as indirectly affected in the provisions applicable to this subchapter by P.L.
2199-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812
22(c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
23100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
24102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
25102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
2104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
3104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
4105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
5excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
6section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
7excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
8107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
9108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
10108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403
11(a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336,
12337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7,
13P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
141329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
15109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
16sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
17(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
18209, 503,
512, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding
19sections 811 and section 844 of P.L.
109-280, and P.L.
110-458. The Internal
20Revenue Code applies for Wisconsin purposes at the same time as for federal
21purposes. Amendments to the federal Internal Revenue Code enacted after
22December 31, 2008, do not apply to this paragraph with respect to taxable years
23beginning after December 31, 2008.
AB631,7,19
171.22
(4m) (sm) For taxable years that begin after December 31, 2008,
2"Internal Revenue Code," for corporations that are subject to a tax on unrelated
3business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
4amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227,
5sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
61123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
75 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
8P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
9P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
10P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
11of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
121328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
13of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
14(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and 513 of
15P.L.
109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28,
16P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185,
17P.L.
110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and P.L.
18110-351, 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, P.L.
106-170, P.L.
1106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
2P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
3107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
4107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
5106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
6of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
7308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
8201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
9P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
101323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
11excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
12109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
131400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
14109-222, excluding sections 101, 207, 209, 503,
512, and 513 of P.L.
109-222, P.L.
15109-227, and P.L.
109-280, excluding
sections 811 and
section 844 of P.L.
109-280,
16and P.L.
110-458. The Internal Revenue Code applies for Wisconsin purposes at the
17same time as for federal purposes. Amendments to the Internal Revenue Code
18enacted after December 31, 2008, do not apply to this paragraph with respect to
19taxable years beginning after December 31, 2008.
AB631,9,2522
71.26
(2) (b) 22. For taxable years that begin after December 31, 2008, for a
23corporation, conduit, or common law trust which qualifies as a regulated investment
24company, real estate mortgage investment conduit, real estate investment trust, or
25financial asset securitization investment trust under the Internal Revenue Code as
1amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227,
2sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
31123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
45 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
5P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
6P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
7P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
8of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
91328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
10of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
11(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and 513 of
12P.L.
109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28,
13P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185,
14P.L.
110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and P.L.
15110-351, and as indirectly affected in the provisions applicable to this subchapter by
16P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
17P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
18102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
19(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
20103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
211311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
22105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
23106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
24P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
25107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
1107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
2106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
3of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
4308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
5201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
6P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
71323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
8excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
9109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
101400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
11109-222, excluding sections 101, 207, 209, 503,
512, and 513 of P.L.
109-222, P.L.
12109-227, P.L.
109-280, excluding
sections 811 and
section 844 of P.L.
109-280, and
13P.L.
110-458, "net income" means the federal regulated investment company taxable
14income, federal real estate mortgage investment conduit taxable income, federal real
15estate investment trust or financial asset securitization investment trust taxable
16income of the corporation, conduit, or trust as determined under the Internal
17Revenue Code as amended to December 31, 2008, excluding sections 103, 104, and
18110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
19103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
20sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
21106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections
22106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316,
23401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
24847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323,
251324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
1109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section
21400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209,
3503,
512, and 513 of P.L.
109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
4109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
5110-172, P.L.
110-185, P.L.
110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
6110-343, and P.L.
110-351, and as indirectly affected in the provisions applicable to
7this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
8101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
9103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
10sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
11103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
121123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
13104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
14106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
15P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
16107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
17of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
18excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
19excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
20excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
21excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
22P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
231305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
24109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
25section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
1relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
2109-151, P.L.
109-222, excluding sections 101, 207, 209, 503,
512, and 513 of P.L.
3109-222, P.L.
109-227, P.L.
109-280, excluding
sections 811 and section 844 of P.L.
4109-280, and P.L.
110-458, except that property that, under s. 71.02 (1) (c) 8. to 11.,
51985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
6Internal Revenue Code as amended to December 31, 1980, shall continue to be
7depreciated under the Internal Revenue Code as amended to December 31, 1980,
8and except that the appropriate amount shall be added or subtracted to reflect
9differences between the depreciation or adjusted basis for federal income tax
10purposes and the depreciation or adjusted basis under this chapter of any property
11disposed of during the taxable year. The Internal Revenue Code as amended to
12December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1313113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
141202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
15106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
16107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
17108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
18108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
19108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
201329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
21109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
22(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and 513 of P.L.
23109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28, P.L.
24110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
25110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and P.L.
110-351,
1and as indirectly affected in the provisions applicable to this subchapter by P.L.
299-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
3101-239, 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.
9106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
10P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
11107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
12107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
13106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
14of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
15308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
16201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
17P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
181323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
19excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
20109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
211400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
22109-222, excluding sections 101, 207, 209, 503,
512, and 513 of P.L.
109-222, P.L.
23109-227, P.L.
109-280, excluding
sections 811 and
section 844 of P.L.
109-280, and
24P.L.
110-458, applies for Wisconsin purposes at the same time as for federal
25purposes. Amendments to the Internal Revenue Code enacted after December 31,
12008, do not apply to this subdivision with respect to taxable years that begin after
2December 31, 2008.
AB631,15,25
71.34
(1g) (um) "Internal Revenue Code" for tax-option corporations, for
6taxable years that begin after December 31, 2008, means the federal Internal
7Revenue Code as amended to December 31, 2008, excluding sections 103, 104, and
8110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
9103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
10sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
11106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections
12106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316,
13401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
14847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323,
151324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
16109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section
171400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209,
18503,
512, and 513 of P.L.
109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
19109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
20110-172, P.L.
110-185, P.L.
110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
21110-343, and P.L.
110-351, and as indirectly affected in the provisions applicable to
22this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803
23(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section
241008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
25P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
1102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
213174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
3104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
4(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
5105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
6106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
7excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
8107-147, excluding sections 101 and 301 (a) 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, P.L.
108-173, excluding section 1201 of P.L.
11108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
12401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211,
13242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476,
14P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
151326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
16of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
17excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
18(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
19101, 207, 209, 503,
512, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280,
20excluding
sections 811 and section 844 of P.L.
109-280, and P.L.
110-458 except that
21section 1366 (f) (relating to pass-through of items to shareholders) is modified by
22substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
23Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
24purposes. Amendments to the federal Internal Revenue Code enacted after
1December 31, 2008, do not apply to this paragraph with respect to taxable years
2beginning after December 31, 2008.
AB631,16,235
71.42
(2) (tm) For taxable years that begin after December 31, 2008, "Internal
6Revenue Code" means the federal Internal Revenue Code as amended to
7December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227, sections
813113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
91202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
10106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
11107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
12108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
13108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
14108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
16109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
17(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503,
512, and 513 of P.L.
18109-222,
sections 811 and section 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28, P.L.
19110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
20110-234, P.L.
110-245, P.L.
110-289, P.L.
110-317, P.L.
110-343, and P.L.
110-351,
21and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73,
22P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding
23sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
24excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
25P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding
1sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191,
2P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277,
3P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and
4165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
5P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and
6301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
7108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
8108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
9108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
10108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
11910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding
12sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
13of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73,
14excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201
15(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
16109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503,
512, and
17513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding
sections 811 and section 18844 of P.L.
109-280, and P.L.
110-458, except that "Internal Revenue Code" does not
19include section 847 of the federal Internal Revenue Code. The Internal Revenue
20Code applies for Wisconsin purposes at the same time as for federal purposes.
21Amendments to the federal Internal Revenue Code enacted after December 31, 2008,
22do not apply to this paragraph with respect to taxable years beginning after
23December 31, 2008.
