AB75,923,2413
71.26
(2) (b) 22. For taxable years that begin after December 31, 2008, for a
14corporation, conduit, or common law trust which qualifies as a regulated investment
15company, real estate mortgage investment conduit, real estate investment trust, or
16financial asset securitization investment trust under the Internal Revenue Code as
17amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227,
18sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
191123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
205 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
21P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
22P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
23P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
24of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
251328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
1of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
2(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, and 513 of P.L.
3109-222, section 844 of P.L.
109-280, sections 101, 104, 108, 109, 112, 113, 116, 118,
4120, 123 (a), 204, 209, 302, 303, 304, 305, 307, 401, 404, 417, and 425 of P.L.
109-432,
5sections 8212, 8221, 8233, and 8235 of P.L.
110-28, P.L.
110-140, section 11 (b), (e),
6and (g) of P.L.
110-172, P.L.
110-185 sections 15344 and 15345 (a) (1) to (3) and (6)
7of P.L.
110-234, sections 110 and 113 of P.L.
110-245, sections 3081 and 3082 of P.L.
8110-289, sections 301 and 302 of division A of P.L.
110-343, sections 109, 116, 201,
9208, 209, 210, 303, 306, 308, and 401 of division B of P.L.
110-343, and sections 202,
10303, 304, 305, 306, 307, 311, 312, 315, 317, 318, 321, 322, 323, 324, 502, 505, 512, 702
11(a) (1) (A) as it relates to section
1400N (k) of the Internal Revenue Code,
702 (d) (6),
12707,
708,
710, and
711 of division C of P.L.
110-343, and as indirectly affected in the
13provisions applicable to this subchapter 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.
106-230, P.L.
106-554, excluding sections
21162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
22107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
23101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
24107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
25108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
1108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
2108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
3847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
4109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
51329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
6109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
7sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
8(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
9209, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding section 844
10of P.L.
109-280, P.L.
109-432, excluding sections 101, 104, 108, 109, 112, 113, 116,
11118, 120, 123 (a), 204, 209, 302, 303, 304, 305, 307, 401, 404, 417, and 425 of P.L.
12109-432, P.L.
110-28, excluding sections 8212, 8221, 8233, and 8235 of P.L.
110-28,
13P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, excluding section 11 (b), (e),
14and (g) of P.L.
110-172, P.L.
110-234, excluding sections 15344 and 15345 (a) (1) to
15(3) and (6) of P.L.
110-234, P.L.
110-245, excluding sections 110 and 113 of P.L.
16110-245, P.L.
110-289, excluding sections 3081 and 3082 of P.L.
110-289, and P.L.
17110-343, excluding ections 301 and 302 of division A of P.L.
110-343, sections 109,
18116, 201, 208, 209, 210, 303, 306, 308, and 401 of division B of P.L.
110-343, and
19sections 202, 303, 304, 305, 306, 307, 311, 312, 315, 317, 318, 321, 322, 323, 324, 502,
20505, 512, 702 (a) (1) (A) as it relates to section
1400N (k) of the Internal Revenue
21Code,
702 (d) (6),
707,
708,
710, and
711 of division C of P.L.
110-343, P.L.
110-351,
22and P.L.
110-458, "net income" means the federal regulated investment company
23taxable income, federal real estate mortgage investment conduit taxable income,
24federal real estate investment trust or financial asset securitization investment
25trust taxable income of the corporation, conduit, or trust as determined under the
1Internal Revenue Code as amended to December 31, 2008, excluding sections 103,
2104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
3(d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
4104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
5P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
6sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
7308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336,
8337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309,
91310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section
1011146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates
11to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101,
12207, 209, 503, and 513 of P.L.
109-222, section 844 of P.L.
109-280, sections 101, 104,
13108, 109, 112, 113, 116, 118, 120, 123 (a), 204, 209, 302, 303, 304, 305, 307, 401, 404,
14417, and 425 of P.L.
109-432, sections 8212, 8221, 8233, and 8235 of P.L.
110-28, P.L.
15110-140, section 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-185, sections 15344 and
1615345 (a) (1) to (3) and (6) of P.L.
110-234, P.L.
110-245, excluding sections 110 and
17113 of P.L.
110-245, P.L.
110-289, excluding sections 3081 and 3082 of P.L.
110-289,
18P.L.
110-317, P.L.
110-343, excluding sections 301 and 302 of division A of P.L.
19110-343, sections 109, 116, 201, 208, 209, 210, 303, 306, 308, and 401 of division B
20of P.L.
110-343, and sections 202, 303, 304, 305, 306, 307, 311, 312, 315, 317, 318, 321,
21322, 323, 324, 502, 505, 512, 702 (a) (1) (A) as it relates to section
1400N (k) of the
22Internal Revenue Code,
702 (d) (6),
707,
708,
710, and
711 of division C of P.L.
23110-343, and as indirectly affected in the provisions applicable to this subchapter by
24P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
25P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
1102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
2(d), 13171 (d), 13174, 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 sections 101 and 301 (a) of P.L.
107-147, P.L.
9107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
10106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
11of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
12308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
13201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
14P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
151323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
16excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
17109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
181400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
19109-222, excluding sections 101, 207, 209, 503, and 513 of P.L.
109-222, P.L.
20109-227, P.L.
109-280, excluding section 844 of P.L.
109-280, P.L.
109-432,
21excluding sections 101, 104, 108, 109, 112, 113, 116, 118, 120, 123 (a), 204, 209, 302,
22303, 304, 305, 307, 401, 404, 417, and 425 of P.L.
109-432, P.L.
110-28, excluding
23sections 8212, 8221, 8233, and 8235 of P.L.
110-28, P.L.
110-141, P.L.
110-142, P.L.
24110-166, P.L.
110-172, excluding section 11 (b), (e), and (g) of P.L. 110.172, P.L.
25110-234, excluding sections 15344 and 15345 (a) (1) to (3) and (6) of P.L.
110-234, P.L.
1110-245, excluding sections 110 and 113 of P.L.
110-245, P.L.
110-289, excluding
2sections 3081 and 3082 of P.L.
110-289, and P.L.
110-343, excluding sections 301 and
3302 of division A of P.L.
110-343, sections 109, 116, 201, 208, 209, 210, 303, 306, 308,
4and 401 of division B of P.L.
110-343, and sections 202, 303, 304, 305, 306, 307, 311,
5312, 315, 317, 318, 321, 322, 323, 324, 502, 505, 512, 702 (a) (1) (A) as it relates to
6section
1400N (k) of the Internal Revenue Code,
702 (d) (6),
707,
708,
710, and
711 7of division C of P.L.
110-343, P.L.
110-351, and P.L.
110-458, except that property
8that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for
9taxable years 1983 to 1986 under the Internal Revenue Code as amended to
10December 31, 1980, shall continue to be depreciated under the Internal Revenue
11Code as amended to December 31, 1980, and except that the appropriate amount
12shall be added or subtracted to reflect differences between the depreciation or
13adjusted basis for federal income tax purposes and the depreciation or adjusted basis
14under this chapter of any property disposed of during the taxable year. The Internal
15Revenue Code as amended to December 31, 2008, excluding sections 103, 104, and
16110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
17103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
18sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
19106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections
20106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316,
21401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
22847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323,
231324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
24109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section
251400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209,
1503, and 513 of P.L.
109-222, section 844 of P.L.
109-280, sections 101, 104, 108, 109,
2112, 113, 116, 118, 120, 123 (a), 204, 209, 302, 303, 304, 305, 307, 401, 404, 417, and
3425 of P.L.
109-432, sections 8212, 8221, 8233, and 8235 of P.L.
110-28, P.L.
110-140,
4section 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-185, sections 15344 and 15345 (a)
5(1) to (3) and (6) of P.L.
110-234, P.L.
110-245, excluding sections 110 and 113 of P.L.
6110-245, P.L.
110-289, excluding sections 3081 and 3082 of P.L.
110-289, P.L.
7110-317, P.L.
110-343, excluding sections 301 and 302 of division A of P.L.
110-343,
8sections 109, 116, 201, 208, 209, 210, 303, 306, 308, and 401 of division B of P.L.
9110-343, and sections 202, 303, 304, 305, 306, 307, 311, 312, 315, 317, 318, 321, 322,
10323, 324, 502, 505, 512, 702 (a) (1) (A) as it relates to section
1400N (k) of the Internal
11Revenue Code,
702 (d) (6),
707,
708,
710, and
711 of division C of P.L.
110-343, and
12as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
13P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
14P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
15102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1613174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
17104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
18(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
19105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
20106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
21excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
22107-147, excluding sections 101 and 301 (a) 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, 316,
1401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211,
2242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476,
3P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
41326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
5of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
6excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
7(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
8101, 207, 209, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding
9section 844 of P.L.
109-280, P.L.
109-432, excluding sections 101, 104, 108, 109, 112,
10113, 116, 118, 120, 123 (a), 204, 209, 302, 303, 304, 305, 307, 401, 404, 417, and 425
11of P.L.
109-432, P.L.
110-28, excluding sections 8212, 8221, 8233, and 8235 of P.L.
12110-28, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, excluding section 11
13(b), (e), and (g) of P.L.
110-172, P.L.
110-234, excluding sections 15344 and 15345 (a)
14(1) to (3) and (6) of P.L.
110-234, P.L.
110-245, excluding sections 110 and 113 of P.L.
15110-245, P.L.
110-289, excluding sections 3081 and 3082 of P.L.
110-289, and P.L.
16110-343, excluding sections 301 and 302 of division A of P.L.
110-343, sections 109,
17116, 201, 208, 209, 210, 303, 306, 308, and 401 of division B of P.L.
110-343, and
18sections 202, 303, 304, 305, 306, 307, 311, 312, 315, 317, 318, 321, 322, 323, 324, 502,
19505, 512, 702 (a) (1) (A) as it relates to section
1400N (k) of the Internal Revenue
20Code,
702 (d) (6),
707,
708,
710, and
711 of division C of P.L.
110-343, P.L.
110-351,
21and P.L.
110-458, applies for Wisconsin purposes at the same time as for federal
22purposes. Amendments to the Internal Revenue Code enacted after December 31,
232008, do not apply to this subdivision with respect to taxable years that begin after
24December 31, 2008.