AB133-SSA1-SA1-SA9,2,36
71.05
(6) (b) 9. (intro.) On assets held more than one year and on all assets
7acquired from a decedent,
60% one of the percentages specified in subd. 9. a. to e. of
8the capital gain as computed under the
internal revenue code Internal Revenue
9Code, not including capital gains for which the federal tax treatment is determined
10under section 406 of P.L.
99-514 and not including amounts treated as ordinary
11income for federal income tax purposes because of the recapture of depreciation or
1any other reason. For purposes of this subdivision, the capital gains and capital
2losses for all assets shall be netted before application of the percentage.
For the
3purposes of this subdivision, the percentages are as follows:
AB133-SSA1-SA1-SA9,2,55
71.05
(6) (b) 9. a. For taxable years that begin before January 1, 2001, 60%.
AB133-SSA1-SA1-SA9,2,76
b. For taxable years that begin after December 31, 2000, and before January
71, 2002, 70%.
AB133-SSA1-SA1-SA9,2,98
c. For taxable years that begin after December 31, 2001, and before January
91, 2003, 80%.
AB133-SSA1-SA1-SA9,2,1110
d. For taxable years that begin after December 31, 2002, and before January
111, 2004, 90%.
AB133-SSA1-SA1-SA9,2,1212
e. For taxable years that begin after December 31, 2003, 100%.".".
