2015-2016 Wisconsin Legislature

Assembly Substitute Amendment 1 to Assembly Bill 623

Relating to: a sales and use tax exemption for products sold in connection with real property construction activities; factors that determine whether a transaction has economic substance for income and franchise tax purposes; the imposition of penalties on a taxpayer for failing to produce records and documents; and participation by the Department of Revenue in the Multistate Tax Commission Audit Program.

Status: Offered


Date / House Action Journal
1/26/2016 Asm.Assembly Substitute Amendment 1 offered by Representative Macco542
2/5/2016 Asm.Report Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 8, Noes 5581
Content subject to change after proofing by Chief Clerk staff.