AB100-ASA1,981,224
71.22
(4) (f) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
5(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
6December 31, 1990, and before January 1, 1992, means the federal internal revenue
7code as amended to December 31, 1990, and as amended by P.L.
102-227, P.L.
8102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, 9and as indirectly affected in the provisions applicable to this subchapter by P.L.
1099-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812
11(c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647,
12P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
13P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L.
14104-188. The internal revenue code applies for Wisconsin purposes at the same time
15as for federal purposes. Amendments to the federal internal revenue code enacted
16after December 31, 1990, do not apply to this paragraph with respect to taxable years
17beginning after December 31, 1990, and before January 1, 1992, except that changes
18to the internal revenue code made by P.L.
102-227, P.L.
102-486 and, P.L.
103-66 19and P.L. 104-188, excluding section 1311 of P.L. 104-188, and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L.
102-227, P.L.
21102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, 22apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,982,2024
71.22
(4) (g) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
1December 31, 1991, and before January 1, 1993, means the federal internal revenue
2code as amended to December 31, 1991, excluding sections 103, 104 and 110 of P.L.
3102-227, and as amended by P.L.
102-318, P.L.
102-486 and
, P.L.
103-66, excluding
4sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L. 104-188,
5excluding section 1311 of P.L. 104-188, and as indirectly affected in the provisions
6applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding
7sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 8and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
9101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
10102-227, P.L.
102-318, P.L.
102-486 and, P.L.
103-66, excluding sections 13101 (a)
11and (c) 1, 13171 and 13174 of P.L.
103-66, and P.L. 104-188, excluding section 1311
12of P.L. 104-188. The internal revenue code applies for Wisconsin purposes at the
13same time as for federal purposes. Amendments to the federal internal revenue code
14enacted after December 31, 1991, do not apply to this paragraph with respect to
15taxable years beginning after December 31, 1991, and before January 1, 1993, except
16that changes to the internal revenue code made by P.L.
102-318, P.L.
102-486 and, 17P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, and changes
18that indirectly affect the provisions applicable to this subchapter made by P.L.
19102-318, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of
20P.L. 104-188, apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,983,1922
71.22
(4) (h) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
23(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
24December 31, 1992, and before January 1, 1994, means the federal internal revenue
25code as amended to December 31, 1992, excluding sections 103, 104 and 110 of P.L.
1102-227, and as amended by P.L.
103-66, excluding sections 13101 (a) and (c) 1,
213113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
and P.L.
103-465, and P.L.
3104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected in the
4provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 5excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
6P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
7101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
8110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
913101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66 and, P.L.
10103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188. The internal
11revenue code applies for Wisconsin purposes at the same time as for federal purposes.
12Amendments to the federal internal revenue code enacted after December 31, 1992,
13do not apply to this paragraph with respect to taxable years beginning after
14December 31, 1992, and before January 1, 1994, except that changes to the internal
15revenue code made by P.L.
103-66 and, P.L.
103-465 and P.L. 104-188, excluding
16section 1311 of P.L. 104-188, and changes that indirectly affect the provisions
17applicable to this subchapter made by P.L.
103-66 and
, P.L.
103-465 and P.L.
18104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin purposes at the
19same time as for federal purposes.
AB100-ASA1,984,2221
71.22
(4) (i) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
22(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
23December 31, 1993, and before January 1, 1995, means the federal internal revenue
24code as amended to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
25102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
1103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
2104-7, excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L.
3104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the provisions
4applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding
5sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 6and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
7101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
8102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
9(d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337,
10P.L.
103-465 and, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L. 104-188,
11excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L. 104-193. The internal
12revenue code applies for Wisconsin purposes at the same time as for federal purposes.
13Amendments to the federal internal revenue code enacted after December 31,
1993,
14do not apply to this paragraph with respect to taxable years beginning after
15December 31, 1993, and before January 1, 1995, except that changes to the internal
16revenue code made by P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7,
17excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L.
18104-188, P.L. 104-191 and P.L. 104-193 and changes that indirectly affect the
19provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
20103-465 and, P.L.
104-7, excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding
21section 1311 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 apply for Wisconsin
22purposes at the same time as for federal purposes.
AB100-ASA1,985,2224
71.22
(4) (j) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
1December 31, 1994, and before January 1, 1996, means the federal internal revenue
2code as amended to December 31, 1994, excluding sections 103, 104 and 110 of P.L.
3102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
4and as amended by P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and
51605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the
6provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 7excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
8P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
9101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
10110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
12103-337, P.L.
103-465 and, P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204,
131311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193. The internal revenue
14code applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the federal internal revenue code enacted after December 31,
1994,
16do not apply to this paragraph with respect to taxable years beginning after
17December 31, 1994, and before January 1, 1996, except that changes to the internal
18revenue code made by P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204, 1311
19and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L.
104-7, P.L. 104-188,
21excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193 apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,986,2224
71.22
(4) (k) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
1December 31, 1995,
and before January 1, 1997, means the federal internal revenue
2code as amended to December 31, 1995, excluding sections 103, 104 and 110 of P.L.
3102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
4and as amended by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605
5of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the
6provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 7excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
8P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
9101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
10110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
12103-337, P.L.
103-465 and, P.L.
104-7, P.L. 104-188, excluding sections 1123, 1202,
131204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193. The internal
14revenue code applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the federal internal revenue code enacted after December 31,
1995,
16do not apply to this paragraph with respect to taxable years beginning after
17December 31, 1995
, and before January 1, 1997, except that changes to the Internal
18Revenue Code made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
191605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193, and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L. 104-188, excluding
21sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193 apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,987,1624
71.22
(4) (L) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
1December 31, 1996, means the federal internal revenue code as amended to
2December 31, 1996, excluding sections 103, 104 and 110 of P.L.
102-227, sections
313113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66 and sections 1123 (b),
41202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, and as indirectly affected in the
5provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 6excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
7P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
8101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
9110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1013113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
11103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
12(c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
104-191 and P.L.
104-193. The
13internal revenue code applies for Wisconsin purposes at the same time as for federal
14purposes. Amendments to the federal internal revenue code enacted after
15December 31, 1996, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1996.
AB100-ASA1,988,1119
71.22
(4m) (c) For taxable years that begin after December 31, 1989, and before
20January 1, 1991, "internal revenue code", for corporations that are subject to a tax
21on unrelated business income under s. 71.26 (1) (a), means the federal internal
22revenue code as amended to December 31, 1989, and as amended by P.L.
101-508,
23P.L.
102-227 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L.
24104-188, and as indirectly affected in the provisions applicable to this subchapter
25by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
1P.L.
101-239, P.L.
101-508, P.L.
102-227 and
, P.L.
103-66 and P.L. 104-188,
2excluding section 1311 of P.L. 104-188. The internal revenue code applies for
3Wisconsin purposes at the same time as for federal purposes. Amendments to the
4internal revenue code enacted after December 31, 1989, do not apply to this
5paragraph with respect to taxable years beginning after December 31, 1989, and
6before January 1, 1991, except that changes to the internal revenue code made by
7P.L.
101-508, P.L.
102-227 and, P.L.
103-66 and P.L. 104-188, excluding section
81311 of P.L. 104-188, and changes that indirectly affect the provisions applicable to
9this subchapter made by P.L.
101-508, P.L.
102-227 and
, P.L.
103-66 and P.L.
10104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin purposes at the
11same time as for federal purposes.
AB100-ASA1,989,513
71.22
(4m) (d) For taxable years that begin after December 31, 1990, and before
14January 1, 1992, "internal revenue code", for corporations that are subject to a tax
15on unrelated business income under s. 71.26 (1) (a), means the federal internal
16revenue code as amended to December 31, 1990, and as amended by P.L.
102-227,
17P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L.
18104-188, and as indirectly affected in the provisions applicable to this subchapter
19by P.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, P.L.
102-486 and
, P.L.
103-66 and P.L.
21104-188, excluding section 1311 of P.L. 104-188. The internal revenue code applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23internal revenue code enacted after December 31, 1990, do not apply to this
24paragraph with respect to taxable years beginning after December 31, 1990, and
25before January 1, 1992, except that changes to the internal revenue code made by
1P.L.
102-227, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section
21311 of P.L. 104-188, and changes that indirectly affect the provisions applicable to
3this subchapter made by P.L.
102-227, P.L.
102-486 and
, P.L.
103-66 and P.L.
4104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin purposes at the
5same time as for federal purposes.
AB100-ASA1,990,27
71.22
(4m) (e) For taxable years that begin after December 31, 1991, and before
8January 1, 1993, "internal revenue code", for corporations that are subject to a tax
9on unrelated business income under s. 71.26 (1) (a), means the federal internal
10revenue code as amended to December 31, 1991, excluding sections 103, 104 and 110
11of P.L.
102-227, and as amended by P.L.
102-318, P.L.
102-486 and, P.L.
103-66,
12excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66
, and P.L.
13104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected in the
14provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
15P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
16excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486 and, 17P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
18and P.L. 104-188, excluding section 1311 of P.L. 104-188. The internal revenue code
19applies for Wisconsin purposes at the same time as for federal purposes.
20Amendments to the internal revenue code enacted after December 31, 1991, do not
21apply to this paragraph with respect to taxable years beginning after December 31,
221991, and before January 1, 1993, except that changes to the internal revenue code
23made by P.L.
102-318, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding
24section 1311 of P.L. 104-188, and changes that indirectly affect the provisions
25applicable to this subchapter made by P.L.
102-318, P.L.
102-486 and, P.L.
103-66
1and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
2purposes at the same time as for federal purposes.
AB100-ASA1,990,244
71.22
(4m) (f) For taxable years that begin after December 31, 1992, and before
5January 1, 1994, "internal revenue code", for corporations that are subject to a tax
6on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1992, excluding sections 103, 104 and 110
8of P.L.
102-227, and as amended by P.L.
103-66, excluding sections 13101 (a) and (c)
91, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
and P.L.
103-465, and P.L.
10104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected in the
11provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
12P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
13excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
14103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203
15of P.L.
103-66 and, P.L.
103-465 and P.L. 104-188, excluding section 1311 of P.L.
16104-188. The internal revenue code applies for Wisconsin purposes at the same time
17as for federal purposes. Amendments to the internal revenue code enacted after
18December 31, 1992, do not apply to this paragraph with respect to taxable years
19beginning after December 31, 1992, and before January 1, 1994, except that changes
20to the internal revenue code made by P.L.
103-66 and, P.L.
103-465 and P.L.
21104-188, excluding section 1311 of P.L. 104-188, and changes that indirectly affect
22the provisions applicable to this subchapter made by P.L.
103-66 and, P.L.
103-465 23and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
24purposes at the same time as for federal purposes.
AB100-ASA1,992,2
171.22
(4m) (g) For taxable years that begin after December 31, 1993, and
2before January 1, 1995, "internal revenue code", for corporations that are subject to
3a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
4revenue code as amended to December 31, 1993, excluding sections 103, 104 and 110
5of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
6of P.L.
103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
7104-7, excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L.
8104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the provisions
9applicable to this subchapter by P.L.
99-514, P.L.
100-203, 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, 13203 (d) and 13215
13of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, excluding
14section 1 of P.L.
104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
15104-191 and P.L. 104-193. The internal revenue code applies for Wisconsin
16purposes at the same time as for federal purposes. Amendments to the internal
17revenue code enacted after December 31, 1993, do not apply to this paragraph with
18respect to taxable years beginning after December 31, 1993, and before
19January 1, 1995, except that changes to the internal revenue code made by P.L.
20103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, excluding section 1 of P.L.
21104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193 and changes that indirectly affect the provisions applicable to this
23subchapter made by P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7,
24excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L.
1104-188, P.L. 104-191 and P.L. 104-193 apply for Wisconsin purposes at the same
2time as for federal purposes.
AB100-ASA1,993,24
71.22
(4m) (h) For taxable years that begin after December 31, 1994, and
5before January 1, 1996, "internal revenue code", for corporations that are subject to
6a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1994, excluding sections 103, 104 and 110
8of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
9103-66, and as amended by P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204,
101311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and as indirectly
11affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
12P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
13P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
14102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1513203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465
and, P.L.
104-7,
16P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L.
17104-191 and P.L. 104-193. The internal revenue code applies for Wisconsin
18purposes at the same time as for federal purposes. Amendments to the internal
19revenue code enacted after December 31, 1994, do not apply to this paragraph with
20respect to taxable years beginning after December 31, 1994, and before
21January 1, 1996, except that changes to the internal revenue code made by P.L.
22104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188,
23P.L. 104-191 and P.L. 104-193, and changes that indirectly affect the provisions
24applicable to this subchapter made by P.L.
104-7. P.L. 104-188, excluding sections
11202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 apply for
2Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,994,24
71.22
(4m) (i) For taxable years that begin after December 31, 1995,
and before
5January 1, 1997, "internal revenue code", for corporations that are subject to a tax
6on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1995, excluding sections 103, 104 and 110
8of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
9103-66,
and as amended by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311
10and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected
11in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
12100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
13102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
14102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1513203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465
and, P.L.
104-7,
16P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188,
17P.L. 104-191 and P.L. 104-193. The internal revenue code applies for Wisconsin
18purposes at the same time as for federal purposes. Amendments to the internal
19revenue code enacted after December 31, 1995, do not apply to this paragraph with
20respect to taxable years beginning after December 31, 1995
, and before January 1,
211997 except that changes to the Internal Revenue Code made by P.L. 104-188,
22excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and
23P.L. 104-193 and changes that indirectly affect the provisions applicable to this
24subchapter made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
11605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 apply for Wisconsin purposes
2at the same time as for federal purposes.
AB100-ASA1,994,194
71.22
(4m) (j) For taxable years that begin after December 31, 1996, "Internal
5Revenue Code", for corporations that are subject to a tax on unrelated business
6income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
7to December 31, 1996, 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, and sections 1123
9(b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188 and as indirectly affected in
10the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
11100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
12102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
13102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1413203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
15104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
16104-188, P.L.
104-191 and P.L.
104-193. The Internal Revenue Code applies for
17Wisconsin purposes at the same time as for federal purposes. Amendments to the
18Internal Revenue Code enacted after December 31, 1996, do not apply to this
19paragraph with respect to taxable years beginning after December 31, 1996.
AB100-ASA1, s. 1766
20Section
1766. 71.22 (8) of the statutes is repealed and recreated to read:
AB100-ASA1,994,2221
71.22
(8) "Pay", in regard to submissions to persons other than the department,
22has the meaning appropriate to the taxpayer's method of accounting.
AB100-ASA1,994,2524
71.22
(9m) "Subscribe" means write one's signature or, if the department
25prescribes another method of authenticating, use that other method.
AB100-ASA1,995,173
71.26
(2) (a)
Corporations in general. The "net income" of a corporation means
4the gross income as computed under the internal revenue code as modified under
5sub. (3) minus the amount of recapture under s. 71.28 (1di) plus the amount of credit
6computed under s. 71.28 (1) and (3) to (5) plus the amount of the credit computed
7under s. 71.28 (1dd), (1de), (1di), (1dj), (1dL)
and, (1ds)
and (1dx) and not passed
8through by a partnership, limited liability company or tax-option corporation that
9has added that amount to the partnership's, limited liability company's or tax-option
10corporation's income under s. 71.21 (4) or 71.34 (1) (g) plus the amount of losses from
11the sale or other disposition of assets the gain from which would be wholly exempt
12income, as defined in sub. (3) (L), if the assets were sold or otherwise disposed of at
13a gain and minus deductions, as computed under the internal revenue code as
14modified under sub. (3), plus or minus, as appropriate, an amount equal to the
15difference between the federal basis and Wisconsin basis of any asset sold,
16exchanged, abandoned or otherwise disposed of in a taxable transaction during the
17taxable year, except as provided in par. (b) and s. 71.45 (2) and (5).
AB100-ASA1,995,2119
71.26
(2) (b) (title)
Regulated investment companies, real estate mortgage
20investment conduits and, real estate investment trusts and financial asset
21securitization investment trusts.
AB100-ASA1,997,1224
71.26
(2) (b) 5. For taxable years that begin after December 31, 1989, and before
25January 1, 1991, for a corporation, conduit or common law trust which qualifies as
1a regulated investment company, real estate mortgage investment conduit or real
2estate investment trust under the internal revenue code as amended to December
331, 1989, and as amended by P.L.
101-508, P.L.
102-227 and
, P.L.
103-66 and P.L.
4104-188, excluding section 1311 of P.L. 104-188 and as indirectly affected in the
5provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
6P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227 7and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, "net
8income" means the federal regulated investment company taxable income, federal
9real estate mortgage investment conduit taxable income or federal real estate
10investment trust taxable income of the corporation, conduit or trust as determined
11under the internal revenue code as amended to December 31, 1989, and as amended
12by P.L.
101-508, P.L.
102-227 and, P.L.
103-66 and P.L. 104-188, excluding section
131311 of P.L. 104-188, and as indirectly affected in the provisions applicable to this
14subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
15P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227 and
, P.L.
103-66 and P.L.
16104-188, excluding section 1311 of P.L. 104-188, except that property that, under s.
1771.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
18to 1986 under the internal revenue code as amended to December 31, 1980, shall
19continue to be depreciated under the internal revenue code as amended to December
2031, 1980, and except that the appropriate amount shall be added or subtracted to
21reflect differences between the depreciation or adjusted basis for federal income tax
22purposes and the depreciation or adjusted basis under this chapter of any property
23disposed of during the taxable year. The internal revenue code as amended to
24December 31, 1989, and as amended by P.L.
101-508, P.L.
102-227 and, P.L.
103-66 25and P.L. 104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected
1in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
2100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
3102-227 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
4applies for Wisconsin purposes at the same time as for federal purposes.
5Amendments to the internal revenue code enacted after December 31, 1989, do not
6apply to this subdivision with respect to taxable years that begin after December 31,
71989, and before January 1, 1991, except that changes to the internal revenue code
8made by P.L.
101-508, P.L.
102-227 and, P.L.
103-66 and P.L. 104-188, excluding
9section 1311 of P.L. 104-188, and changes that indirectly affect the provisions
10applicable to this subchapter made by P.L.
101-508, P.L.
102-227 and, P.L.
103-66 11and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
12purposes at the same time as for federal purposes.
AB100-ASA1,999,314
71.26
(2) (b) 6. For taxable years that begin after December 31, 1990, and before
15January 1, 1992, for a corporation, conduit or common law trust which qualifies as
16a regulated investment company, real estate mortgage investment conduit or real
17estate investment trust under the internal revenue code as amended to December
1831, 1990, and as amended by P.L.
102-227, P.L.
102-486 and
, P.L.
103-66 and P.L.
19104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected in the
20provisions applicable to this subchapter 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.
101-508, P.L.
102-227,
22P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L.
23104-188, "net income" means the federal regulated investment company taxable
24income, federal real estate mortgage investment conduit taxable income or federal
25real estate investment trust taxable income of the corporation, conduit or trust as
1determined under the internal revenue code as amended to December 31, 1990, and
2as amended by P.L.
102-227, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188,
3excluding section 1311 of P.L. 104-188, and as indirectly affected in the provisions
4applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
5101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
6102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, 7except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to
8be depreciated for taxable years 1983 to 1986 under the internal revenue code as
9amended to December 31, 1980, shall continue to be depreciated under the internal
10revenue code as amended to December 31, 1980, and except that the appropriate
11amount shall be added or subtracted to reflect differences between the depreciation
12or adjusted basis for federal income tax purposes and the depreciation or adjusted
13basis under this chapter of any property disposed of during the taxable year. The
14internal revenue code as amended to December 31, 1990, and as amended by P.L.
15102-227, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188, excluding section 1311 of
16P.L. 104-188, and as indirectly affected in the provisions applicable to this
17subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
18P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
102-486
and, P.L.
19103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, applies for
20Wisconsin purposes at the same time as for federal purposes. Amendments to the
21internal revenue code enacted after December 31, 1990, do not apply to this
22subdivision with respect to taxable years that begin after December 31, 1990, and
23before January 1, 1992, except that changes to the internal revenue code made by
24P.L.
102-227, P.L.
102-486 and. P.L.
103-66 and P.L. 104-188, excluding section
251311 of P.L. 104-188, and changes that indirectly affect the provisions applicable to
1this subchapter made by P.L.
102-227, P.L.
102-486 and, P.L.
103-66 and P.L.
2104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin purposes at the
3same time as for federal purposes.
AB100-ASA1,999,255
71.26
(2) (b) 7. For taxable years that begin after December 31, 1991, and before
6January 1, 1993, for a corporation, conduit or common law trust which qualifies as
7a regulated investment company, real estate mortgage investment conduit or real
8estate investment trust under the internal revenue code as amended to December
931, 1991, excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
10102-318, P.L.
102-486 and, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171
11and 13174 of P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
12and as indirectly affected in the provisions applicable to this subchapter by P.L.
1399-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
14101-239, 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 and, P.L.
103-66, excluding sections 13101 (a)
16and (c) 1, 13171 and 13174 of P.L.
103-66, and P.L. 104-188, excluding section 1311
17of P.L. 104-188, "net income" means the federal regulated investment company
18taxable income, federal real estate mortgage investment conduit taxable income or
19federal real estate investment trust taxable income of the corporation, conduit or
20trust as determined under the internal revenue code as amended to December 31,
211991, excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
22102-318, P.L.
102-486 and, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171
23and 13174 of P.L.
103-66,
and P.L. 104-188, excluding section 1311 of P.L. 104-188, 24and as indirectly affected in the provisions applicable to this subchapter by P.L.
2599-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
1101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
2102-227, P.L.
102-318, P.L.
102-486 and, P.L.
103-66, excluding sections 13101 (a)
3and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L. 104-188, excluding section 1311
4of P.L. 104-188, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
5is required to be depreciated for taxable years 1983 to 1986 under the internal
6revenue code as amended to December 31, 1980, shall continue to be depreciated
7under the internal revenue code as amended to December 31, 1980, and except that
8the appropriate amount shall be added or subtracted to reflect differences between
9the depreciation or adjusted basis for federal income tax purposes and the
10depreciation or adjusted basis under this chapter of any property disposed of during
11the taxable year. The internal revenue code as amended to December 31, 1991,
12excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
13102-318, P.L.
102-486 and, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171
14and 13174 of P.L.
103-66,
and P.L. 104-188, excluding section 1311 of P.L. 104-188, 15and as indirectly affected in the provisions applicable to this subchapter by P.L.
1699-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
17101-239, 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 and, P.L.
103-66, excluding sections 13101 (a)
19and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L. 104-188, excluding section 1311
20of P.L. 104-188, applies for Wisconsin purposes at the same time as for federal
21purposes. Amendments to the internal revenue code enacted after December 31,
221991, do not apply to this subdivision with respect to taxable years that begin after
23December 31, 1991, and before January 1, 1993, except that changes to the internal
24revenue code made by P.L.
102-318, P.L.
102-486 and, P.L.
103-66 and P.L. 104-188,
25excluding section 1311 of P.L. 104-188, and changes that indirectly affect the
1provisions applicable to this subchapter made by P.L.
102-318, P.L.
102-486 and, 2P.L.
103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for
3Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,1003,55
71.26
(2) (b) 8. For taxable years that begin after December 31, 1992, and before
6January 1, 1994, for a corporation, conduit or common law trust which qualifies as
7a regulated investment company, real estate mortgage investment conduit or real
8estate investment trust under the internal revenue code as amended to December
931, 1992, excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
10103-66, excluding sections 13101 (a) and (c) 1., 13113, 13150, 13171, 13174 and
1113203 of P.L.
103-66,
and P.L.
103-465 and P.L. 104-188, excluding section 1311 of
12P.L. 104-188, and as indirectly affected in the provisions applicable to this
13subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
14P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
15and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1613101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
and P.L.
17103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188,"net income"
18means the federal regulated investment company taxable income, federal real estate
19mortgage investment conduit taxable income or federal real estate investment trust
20taxable income of the corporation, conduit or trust as determined under the internal
21revenue code as amended to December 31, 1992, excluding sections 103, 104 and 110
22of P.L.
102-227, and as amended by P.L.
103-66,
and P.L. 103-465 excluding sections
2313101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
P.L.
24103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188, and as indirectly
25affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
1P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
2P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
3102-486 and, P.L.
103-66, excluding sections 13101 (a) and (c) 1., 13113, 13150,
413171, 13174 and 13203 of P.L.
103-66,
and P.L.
103-465 and P.L. 104-188,
5excluding section 1311 of P.L. 104-188, except that property that, under s. 71.02 (1)
6(c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
7under the internal revenue code as amended to December 31, 1980, shall continue
8to be depreciated under the internal revenue code as amended to December 31, 1980,
9and except that the appropriate amount shall be added or subtracted to reflect
10differences between the depreciation or adjusted basis for federal income tax
11purposes and the depreciation or adjusted basis under this chapter of any property
12disposed of during the taxable year. The internal revenue code as amended to
13December 31, 1992, excluding sections 103, 104 and 110 of P.L.
102-227, and as
14amended by P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
1513174 and 13203 of P.L.
103-66,
and P.L.
103-465 and P.L. 104-188, excluding
16section 1311 of P.L. 104-188, and as indirectly affected in the provisions applicable
17to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
18101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
19103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
20sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
21and P.L.
103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188, applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23internal revenue code enacted after December 31, 1992, do not apply to this
24subdivision with respect to taxable years that begin after December 31, 1992, and
25before January 1, 1994, except that changes to the internal revenue code made by
1P.L.
103-66 and, P.L.
103-465 and P.L. 104-188, excluding section 1311 of P.L.
2104-188, and changes that indirectly affect the provisions applicable to this
3subchapter made by P.L.
103-66 and, P.L.
103-465 and P.L. 104-188, excluding
4section 1311 of P.L. 104-188, apply for Wisconsin purposes at the same time as for
5federal purposes.
AB100-ASA1,1005,167
71.26
(2) (b) 9. For taxable years that begin after December 31, 1993, and
8before January 1, 1995, for a corporation, conduit or common law trust which
9qualifies as a regulated investment company, real estate mortgage investment
10conduit or real estate investment trust under the internal revenue code as amended
11to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
102-227 and
12sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, and
13as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465 and
, P.L.
104-7, excluding
14section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
15104-191 and P.L. 104-193 and as indirectly affected in the provisions applicable to
16this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
17101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
18103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
19sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, P.L.
20103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, excluding section 1 of P.L.
21104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193 "net income" means the federal regulated investment company taxable
23income, federal real estate mortgage investment conduit taxable income or federal
24real estate investment trust taxable income of the corporation, conduit or trust as
25determined under the internal revenue code as amended to December 31, 1993,
1excluding sections 103, 104 and 110 of P.L.
102-227 and sections 13113, 13150 (d),
213171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, and as amended by P.L.
3103-296, P.L.
103-337, P.L.
103-465 and P.L.
104-7, excluding section 1 of P.L.
4104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
5104-193 and as indirectly affected in the provisions applicable to this subchapter by
6P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
7P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
8102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
P.L. 103-296, P.L. 103-337, P.L.
9103-465 excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
10of P.L.
103-66,
and P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
104-7, excluding
11section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
12104-191 and P.L. 104-193, except that property that, under s. 71.02 (1) (c) 8. to 11.,
131985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
14internal revenue code as amended to December 31, 1980, shall continue to be
15depreciated under the internal revenue code as amended to December 31, 1980, and
16except that the appropriate amount shall be added or subtracted to reflect
17differences between the depreciation or adjusted basis for federal income tax
18purposes and the depreciation or adjusted basis under this chapter of any property
19disposed of during the taxable year. The internal revenue code as amended to
20December 31, 1993, excluding sections 103, 104 and 110 of P.L.
102-227 and sections
2113113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, and as
22amended by P.L.
103-296, P.L.
103-337, P.L.
103-465 and
, P.L.
104-7, excluding
23section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
24104-191 and P.L. 104-193 and as indirectly affected in the provisions applicable to
25this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
1101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
2103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
3sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, P.L.
4103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, excluding section 1 of P.L.
5104-7,
P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
6104-193 applies for Wisconsin purposes at the same time as for federal purposes.
7Amendments to the internal revenue code enacted after December 31, 1993, do not
8apply to this subdivision with respect to taxable years that begin after
9December 31, 1993, and before January 1, 1995, except that changes to the internal
10revenue code made by P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7,
11excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding section 1311 of P.L.
12104-188, P.L. 104-191 and P.L. 104-193 and changes that indirectly affect the
13provisions applicable to this subchapter made by P.L.
103-296, P.L.
103-337, P.L.
14103-465 and, P.L.
104-7, excluding section 1 of P.L.
104-7,
P.L. 104-188, excluding
15section 1311 of P.L. 104-188, P.L.104-191 and P.L. 104-193 apply for Wisconsin
16purposes at the same time as for federal purposes.
AB100-ASA1,1007,2218
71.26
(2) (b) 10. For taxable years that begin after December 31, 1994, and
19before January 1, 1996, for a corporation, conduit or common law trust which
20qualifies as a regulated investment company, real estate mortgage investment
21conduit or real estate investment trust under the internal revenue code as amended
22to December 31, 1994, excluding sections 103, 104 and 110 of P.L.
102-227 and
23sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, and as
24amended by P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605
25of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the
1provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
2P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
3excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
4103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
5103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, P.L. 104-188,
6excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
7104-193 "net income" means the federal regulated investment company taxable
8income, federal real estate mortgage investment conduit taxable income or federal
9real estate investment trust taxable income of the corporation, conduit or trust as
10determined under the internal revenue code as amended to December 31, 1994,
11excluding sections 103, 104 and 110 of P.L.
102-227 and sections 13113, 13150 (d),
1213171 (d), 13174 and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
13104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191
14and P.L. 104-193 and as indirectly affected in the provisions applicable to this
15subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
16P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
17and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
P.L. 103-296, P.L.
18103-337, P.L. 103-465 excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1913203 (d) of P.L.
103-66,
and P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
104-7,
20P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L.
21104-191 and P.L. 104-193, except that property that, under s. 71.02 (1) (c) 8. to 11.,
221985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
23internal revenue code as amended to December 31, 1980, shall continue to be
24depreciated under the internal revenue code as amended to December 31, 1980, and
25except that the appropriate amount shall be added or subtracted to reflect
1differences between the depreciation or adjusted basis for federal income tax
2purposes and the depreciation or adjusted basis under this chapter of any property
3disposed of during the taxable year. The internal revenue code as amended to
4December 31, 1994, excluding sections 103, 104 and 110 of P.L.
102-227 and sections
513113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, and as amended by
6P.L.
104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
7104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the provisions
8applicable to this subchapter 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 and, P.L.
104-7, P.L. 104-188,
13excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
14104-193 applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the internal revenue code enacted after December 31, 1994, do not
16apply to this subdivision with respect to taxable years that begin after
17December 31, 1994, and before January 1, 1996, except that changes made by P.L.
18104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188,
19P.L. 104-191 and P.L. 104-193 and changes that indirectly affect the provisions
20applicable to this subchapter made by P.L.
104-7, P.L. 104-188, excluding sections
211202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 apply for
22Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,1010,324
71.26
(2) (b) 11. For taxable years that begin after December 31, 1995,
and
25before January 1, 1997, for a corporation, conduit or common law trust which
1qualifies as a regulated investment company, real estate mortgage investment
2conduit or real estate investment trust under the internal revenue code as amended
3to December 31, 1995, excluding sections 103, 104 and 110 of P.L.
102-227 and
4sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
and as
5amended by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
6104-188, P.L. 104-191 and P.L. 104-193 and as indirectly affected in the provisions
7applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
8101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
9excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
10103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
11103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, P.L. 104-188,
12excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and
13P.L. 104-193 "net income" means the federal regulated investment company taxable
14income, federal real estate mortgage investment conduit taxable income or federal
15real estate investment trust taxable income of the corporation, conduit or trust as
16determined under the internal revenue code as amended to December 31, 1995,
17excluding sections 103, 104 and 110 of P.L.
102-227 and sections 13113, 13150 (d),
1813171 (d), 13174 and 13203 (d) of P.L.
103-66,
and as amended by P.L. 104-188,
19excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and
20P.L. 104-193 and as indirectly affected in the provisions applicable to this
21subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
22P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
23and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
P.L. 103-296, P.L.
24103-337, P.L. 103-465 and P.L. 104-7 excluding sections 13113, 13150 (d), 13171 (d),
2513174 and 13203 (d) of P.L.
103-66,
P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
1104-7, P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
2104-188, P.L. 104-191, and P.L. 104-193, except that property that, under s. 71.02
3(1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
4under the internal revenue code as amended to December 31, 1980, shall continue
5to be depreciated under the internal revenue code as amended to December 31, 1980,
6and except that the appropriate amount shall be added or subtracted to reflect
7differences between the depreciation or adjusted basis for federal income tax
8purposes and the depreciation or adjusted basis under this chapter of any property
9disposed of during the taxable year. The internal revenue code as amended to
10December 31, 1995, excluding sections 103, 104 and 110 of P.L.
102-227 and sections
1113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
and as amended by
12P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188,
13P.L. 104-191 and P.L. 104-193 and as indirectly affected in the provisions applicable
14to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
15101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
16103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
17sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
18103-296, P.L.
103-337, P.L.
103-465 and, P.L.
104-7, P.L. 104-188, excluding
19sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
20104-193 applies for Wisconsin purposes at the same time as for federal purposes.
21Amendments to the internal revenue code enacted after December 31, 1995, do not
22apply to this subdivision with respect to taxable years that begin after
23December 31, 1995
, and before January 1, 1997, except that changes to the Internal
24Revenue Code made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
251605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 and changes that indirectly
1affect the provisions applicable to this subchapter made by P.L. 104-188, excluding
2sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
3104-193 apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1,1012,25
71.26
(2) (b) 12. For taxable years that begin after December 31, 1996, for a
6corporation, conduit or common law trust which qualifies as a regulated investment
7company, real estate mortgage investment conduit, real estate investment trust or
8financial asset securitization investment trust under the Internal Revenue Code as
9amended to December 31, 1996, excluding sections 103, 104 and 110 of P.L.
102-227,
10sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66 and sections
111123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, and as indirectly
12affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
13P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
14P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
15102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1613203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
17104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
18104-188, P.L.
104-191 and P.L.
104-193 "net income" means the federal regulated
19investment company taxable income, federal real estate mortgage investment
20conduit taxable income, federal real estate investment trust or financial asset
21securitization investment trust taxable income of the corporation, conduit or trust
22as determined under the internal revenue code as amended to December 31,
1996,
23excluding sections 103, 104 and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171
24(d), 13174 and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
25and 1605 (d) of P.L.
104-188, and as indirectly affected in the provisions applicable
1to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
2101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
3103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
4sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
5103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
61123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
104-191 and P.L.
7104-193, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is
8required to be depreciated for taxable years 1983 to 1986 under the internal revenue
9code as amended to December 31, 1980, shall continue to be depreciated under the
10Internal Revenue Code as amended to December 31, 1980, and except that the
11appropriate amount shall be added or subtracted to reflect differences between the
12depreciation or adjusted basis for federal income tax purposes and the depreciation
13or adjusted basis under this chapter of any property disposed of during the taxable
14year. The Internal Revenue Code as amended to December 31, 1996, excluding
15sections 103, 104 and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174
16and 13203 (d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605
17(d) of P.L.
104-188, and as indirectly affected in the provisions applicable to this
18subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
19P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104
20and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
22103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
23(c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
104-191 and P.L.
104-193 applies
24for Wisconsin purposes at the same time as for federal purposes. Amendments to the
1internal revenue code enacted after December 31, 1996, do not apply to this
2subdivision with respect to taxable years that begin after December 31, 1996.
AB100-ASA1,1012,74
71.26
(3) (n) Sections 381, 382 and 383 (relating to carry-overs in certain
5corporate acquisitions) are modified so that they apply to losses under sub. (4) and
6credits under s. 71.28 (1di), (1dL)
, (1dx) and (3) to (5) instead of to federal credits and
7federal net operating losses.
AB100-ASA1,1012,199
71.26
(3) (y) A corporation may compute amortization and depreciation under
10either the federal internal revenue code as amended to December 31,
1995 1996, or
11the federal internal revenue code in effect for the taxable year for which the return
12is filed, except that property first placed in service by the taxpayer on or after
13January 1, 1983, but before January 1, 1987, that, under s. 71.04 (15) (b) and (br),
141985 stats., is required to be depreciated under the internal revenue code as
15amended to December 31, 1980, and property first placed in service in taxable year
161981 or thereafter but before January 1, 1987, that, under s. 71.04 (15) (bm), 1985
17stats., is required to be depreciated under the internal revenue code as amended to
18December 31, 1980, shall continue to be depreciated under the internal revenue code
19as amended to December 31, 1980.
AB100-ASA1,1012,2421
71.28
(1dd) (f) No credit may be claimed under this subsection for taxable years
22that begin on January 1, 1998, or thereafter. Credits under this subsection for
23taxable years that begin before January 1, 1998, may be carried forward to taxable
24years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1013,4
171.28
(1de) (e) No credit may be claimed under this subsection for taxable years
2that begin on January 1, 1998, or thereafter. Credits under this subsection for
3taxable years that begin before January 1, 1998, may be carried forward to taxable
4years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1013,96
71.28
(1di) (j) No credit may be claimed under this subsection for taxable years
7that begin on January 1, 1998, or thereafter. Credits under this subsection for
8taxable years that begin before January 1, 1998, may be carried forward to taxable
9years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1013,1411
71.28
(1dj) (j) No credit may be claimed under this subsection for taxable years
12that begin on January 1, 1998, or thereafter. Credits under this subsection for
13taxable years that begin before January 1, 1998, may be carried forward to taxable
14years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1013,1916
71.28
(1dL) (j) No credit may be claimed under this subsection for taxable years
17that begin on January 1, 1998, or thereafter. Credits under this subsection for
18taxable years that begin before January 1, 1998, may be carried forward to taxable
19years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1013,2421
71.28
(1ds) (j) No credit may be claimed under this subsection for taxable years
22that begin on January 1, 1998, or thereafter. Credits under this subsection for
23taxable years that begin before January 1, 1998, may be carried forward to taxable
24years that begin on January 1, 1998, or thereafter.
AB100-ASA1,1014,1
171.28
(1dx) Development zones credit. (a)
Definitions. In this subsection:
AB100-ASA1,1014,32
1. "Brownfield" means an industrial or commercial facility the expansion or
3redevelopment of which is complicated by environmental contamination.
AB100-ASA1,1014,64
2. "Development zone" means a development zone under s. 560.70, a
5development opportunity zone under s. 560.795 or an enterprise development zone
6under s. 560.797.
AB100-ASA1,1014,127
3. "Environmental remediation" means removal or containment of
8environmental pollution, as defined in s. 299.01 (4), and restoration of soil or
9groundwater that is affected by environmental pollution, as defined in s. 299.01 (4),
10in a brownfield if that removal, containment or restoration fulfills the requirement
11under sub. (1de) (a) 1. and investigation unless the investigation determines that
12remediation is required and that remediation is not undertaken.
AB100-ASA1,1014,1813
4. "Full-time job" means a regular, nonseasonal full-time position in which an
14individual, as a condition of employment, is required to work at least 2,080 hours per
15year, including paid leave and holidays, and for which the individual receives pay
16that is equal to at least 150% of the federal minimum wage and receives benefits that
17are not required by federal or state law. "Full-time job" does not include initial
18training before an employment position begins.
AB100-ASA1,1015,219
5. "Member of a targeted group" means a person under sub. (1dj) (am) 1., a
20person who resides in an empowerment zone, or an enterprise community, that the
21U.S. government designates, a person who is employed in an unsubsidized job but
22meets the eligibility requirements under s. 49.145 (2) and (3) for a Wisconsin works
23employment position, a person who is employed in a trial job, as defined in s. 49.141
24(1) (n), a person who is eligible for the Wisconsin works health plan under s. 49.153
25or a person who is eligible for child care assistance under s. 49.155; if the person has
1been certified in the manner under sub. (1dj) (am) 3. by a designated local agency,
2as defined in sub. (1dj) (am) 2.
AB100-ASA1,1015,53
(b)
Credit. Except as provided in s. 73.03 (35) and subject to s. 560.785, for any
4taxable year for which the person is certified under s. 560.765 (3), any person may
5claim as a credit against taxes under this subchapter the following amounts:
AB100-ASA1,1015,76
1. Fifty percent of the amount expended for environmental remediation in a
7development zone.
AB100-ASA1,1015,118
2. The amount determined by multiplying the amount determined under s.
9560.785 (1) (b) by the number of full-time jobs created in a development zone and
10filled by a member of a targeted group and by then subtracting the subsidies paid
11under s. 49.147 (3) (a) for those jobs.
AB100-ASA1,1015,1512
3. The amount determined by multiplying the amount determined under s.
13560.785 (1) (c) by the number of full-time jobs created in a development zone and not
14filled by a member of a targeted group and by then subtracting the subsidies paid
15under s. 49.147 (3) (a) for those jobs.
AB100-ASA1,1015,2016
4. The amount determined by multiplying the amount determined under s.
17560.785 (1) (b) by the number of full-time jobs retained, as provided in the rules
18under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj),
19in a development zone and filled by a member of a targeted group and by then
20subtracting the subsidies paid under s. 49.147 (3) (a) for those jobs.
AB100-ASA1,1015,2521
5. The amount determined by multiplying the amount determined under s.
22560.785 (1) (c) by the number of full-time jobs retained, as provided in the rules
23under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj),
24in a development zone and not filled by a member of a targeted group and by then
25subtracting the subsidies paid under s. 49.147 (3) (a) for those jobs.
AB100-ASA1,1016,6
1(c)
Credit precluded. If the certification of a person for tax benefits under s.
2560.765 (3) is revoked, that person may not claim credits under this subsection for
3the taxable year that includes the day on which the certification is revoked or
4succeeding taxable years and that person may not carry over unused credits from
5previous years to offset tax under this chapter for the taxable year that includes the
6day on which certification is revoked or succeeding taxable years.
AB100-ASA1,1016,117
(d)
Carry-over precluded. If a person who is certified under s. 560.765 (3) for
8tax benefits ceases business operations in the development zone during any of the
9taxable years that that zone exists, that person may not carry over to any taxable
10year following the year during which operations cease any unused credits from the
11taxable year during which operations cease or from previous taxable years.
AB100-ASA1,1016,1612
(e)
Administration. Subsection (4) (e) to (h), as it applies to the credit under
13sub. (4), applies to the credit under this subsection. Subsection (1dj) (c), as it applies
14to the credit under sub. (1dj), applies to the credit under this subsection. Claimants
15shall include with their returns a copy of their certification for tax benefits and a copy
16of the department of commerce's verification of their expenses.
