SB40-CSA1,973,512
71.34
(1g) (t) "Internal Revenue Code" for tax-option corporations, for taxable
13years that begin after December 31, 2006, means the federal Internal Revenue Code
14as amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
15102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
16sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
174, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
18431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
19202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
20(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
21of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
221328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
23of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
24(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
25P.L.
109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as
1indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
2100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
3(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
4101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
5excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
6103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
7103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
8excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
9104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
10105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
11162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
12107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
13101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
14107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
15108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
16108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
17108-311, P.L.
108-357, excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847,
18909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58,
19excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
20and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
21109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101,
22105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
23P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512,
24and 513 of P.L.
109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and
25844 of P.L.
109-280, except that section 1366 (f) (relating to pass-through of items
1to shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
2sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
3at the same time as for federal purposes. Amendments to the federal Internal
4Revenue Code enacted after December 31, 2006, do not apply to this paragraph with
5respect to taxable years beginning after December 31, 2006.
SB40-CSA1, s. 2076
6Section
2076. 71.34 (1m) of the statutes is renumbered 71.34 (1m) (a).
SB40-CSA1,973,148
71.34
(1m) (b) Notwithstanding sub. (1g), section 101 of P.L.
109-222, related
9to extending the increased expense deduction under section
179 of the Internal
10Revenue Code, applies to property used in farming that is acquired and placed in
11service in taxable years beginning on or after January 1, 2008, and used by a person
12who is actively engaged in farming. For purposes of this paragraph, "actively
13engaged in farming" has the meaning given in
7 CFR 1400.201, and "farming" has
14the meaning given in section
464 (e) (1) of the Internal Revenue Code.
SB40-CSA1,975,2318
71.42
(2) (m) For taxable years that begin after December 31, 1998, and before
19January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
20as amended to December 31, 1998, excluding sections 103, 104, and 110 of P.L.
21102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 22and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
23amended by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding
24sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
25107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of P.L.
1107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding section 109 of P.L.
2108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
3108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 4847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101,
5105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
6P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
7as indirectly affected 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.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
16107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
17107-276, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-311,
18excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
19108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
20of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
21relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and
22P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that "Internal
23Revenue Code" does not include section 847 of the federal Internal Revenue Code.
24The Internal Revenue Code applies for Wisconsin purposes at the same time as for
25federal purposes. Amendments to the federal Internal Revenue Code enacted after
1December 31, 1998, do not apply to this paragraph with respect to taxable years
2beginning after December 31, 1998, and before January 1, 2000, except that
3changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170, P.L.
4106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16,
5excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections
6101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121,
7excluding section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
8316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
9211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
10109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
11(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
12811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
13applicable to this subchapter made by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
14106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
15section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301
16(a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding
17section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
18and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 19244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135,
20excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
21(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
22of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
23purposes.
SB40-CSA1,978,18
171.42
(2) (n) For taxable years that begin after December 31, 1999, and before
2January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
3as amended to December 31, 1999, excluding sections 103, 104, and 110 of P.L.
4102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 5and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
6amended by P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
7106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22,
8P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of
9P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
10excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
11109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
12316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
13211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
14109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
16(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
17109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
18indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
19101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
20103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
21sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
22103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
231123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
24104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
25106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
1P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
2107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), 3and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
4108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding
5section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307,
6308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101,
7201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
8109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
91329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
10(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
11109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
12that "Internal Revenue Code" does not include section 847 of the federal Internal
13Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
14same time as for federal purposes. Amendments to the federal Internal Revenue
15Code enacted after December 31, 1999, do not apply to this paragraph with respect
16to taxable years beginning after December 31, 1999, and before January 1, 2003,
17except that changes to the Internal Revenue Code made by P.L.
106-230, P.L.
18106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
19excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
20107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
21107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
22202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-218,
23P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
24and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
25and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
11309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
2109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
3(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
4811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
5applicable to this subchapter made by P.L.
106-230, P.L.
106-554, excluding sections
6162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
7107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
8101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
9107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
10108-121, excluding section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311,
11excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
12108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
13of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310,
141323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135,
15excluding 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, and P.L. 109-280, excluding sections 811 and 844
17of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
18purposes.
SB40-CSA1,981,620
71.42
(2) (o) For taxable years that begin after December 31, 2002, and before
21January 1, 2004, "Internal Revenue Code" means the federal Internal Revenue Code
22as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
23102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
24sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
25sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
1section sections 101
and 301 (a) of P.L.
107-147, and as amended by P.L.
108-27,
2excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
3109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
4108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
5403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
6337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
7109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
81329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
9(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
10109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
11indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
12101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
13103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
14sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
15103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
161123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
17104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
18106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
19P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
20107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding
section sections 101
and
21301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
22108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding
23section 109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173,
24P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
25and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244,
1336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
2109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
31329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
4(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
5109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
6that "Internal Revenue Code" does not include section 847 of the federal Internal
7Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
8same time as for federal purposes. Amendments to the federal Internal Revenue
9Code enacted after December 31, 2002, do not apply to this paragraph with respect
10to taxable years beginning after December 31, 2002, and before January 1, 2004,
11except that changes to the Internal Revenue Code made by P.L.
108-27, excluding
12sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
13108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
14108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
15108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 16909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
17sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
18of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
19section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
20109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that indirectly
21affect the provisions applicable to this subchapter made by P.L.
108-27, excluding
22sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
23108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
24108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
25108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847,
1909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
2sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
3of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
4section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
5109-280, excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin
6purposes at the same time as for federal purposes.
SB40-CSA1,983,178
71.42
(2) (p) For taxable years that begin after December 31, 2003, and before
9January 1, 2005, "Internal Revenue Code" means the federal Internal Revenue Code
10as amended to December 31, 2003, excluding sections 103, 104, and 110 of P.L.
11102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
12sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
13sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16,
section 14sections 101
and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27,
15section 109 of P.L.
108-121, and section 1201 of P.L.
108-173, and as amended by P.L.
16108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
17403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
18337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
19109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
201326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
21of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
22section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
23and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as indirectly
24affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
25101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
1110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
213113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
3103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
4(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
5105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
6106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
7P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
8107-116, P.L.
107-134, P.L.
107-147, excluding
section
sections 101
and 301 (a) of
9P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
10excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
11109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
12108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
13403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
14337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
15109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
161326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
17of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
18section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
19and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that
20"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
21Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
22as for federal purposes. Amendments to the federal Internal Revenue Code enacted
23after December 31, 2003, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 2003, and before January 1, 2005, except that changes
25to the Internal Revenue Code made by P.L.
108-203, P.L.
108-218, P.L.
108-311,
1excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
2excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
3108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections
41305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
5109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
6sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
7(q), and 405 of P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811
8and 844 of P.L. 109-280, and changes that indirectly affect the provisions applicable
9to this subchapter made by P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
10sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
11sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
12108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
131309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
14109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
15105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
16P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L.
17109-280, apply for Wisconsin purposes at the same time as for federal purposes.
SB40-CSA1,985,2519
71.42
(2) (q) For taxable years that begin after December 31, 2004,
and before
20January 1, 2006, "Internal Revenue Code" means the federal Internal Revenue Code
21as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.
22102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
23sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
244, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
25431 of P.L.
107-16,
section sections 101
and 301 (a) of P.L.
107-147, sections 106, 201,
1and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308,
316, 401, and
2403 (a) of P.L.
108-311, and sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
3and 910 of P.L.
108-357,
and as amended by P.L. 109-7, P.L. 109-58, excluding
4sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
5of P.L. 109-58, 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, 512, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280,
9excluding sections 811 and 844 of P.L. 109-280, and as indirectly affected by P.L.
1099-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
11101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
12102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
13(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
14103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
151311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
16105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
17106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
18P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
19107-134, P.L.
107-147, excluding
section sections 101
and 301 (a) of P.L.
107-147,
20P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding
21sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding
22section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
23sections 306, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
24sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
25108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
11309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
2109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
3105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
4P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, 512,
5and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding sections 811 and
6844 of P.L. 109-280, except that "Internal Revenue Code" does not include section
7847 of the federal Internal Revenue Code. The Internal Revenue Code applies for
8Wisconsin purposes at the same time as for federal purposes. Amendments to the
9federal Internal Revenue Code enacted after December 31, 2004, do not apply to this
10paragraph with respect to taxable years beginning after December 31, 2004
, and
11before January 1, 2006, except that changes to the Internal Revenue Code made by
12P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
131326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
14of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
15section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
16P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
17109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
18changes that indirectly affect the provisions applicable to this subchapter made by
19P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
201326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
21of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
22section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
23P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
24109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, apply for
25Wisconsin purposes at the same time as for federal purposes.
SB40-CSA1,987,252
71.42
(2) (r) For taxable years that begin after December 31, 2005, and before
3January 1, 2007, "Internal Revenue Code" means the federal Internal Revenue Code
4as amended to December 31, 2005, excluding sections 103, 104, and 110 of P.L.
5102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
6sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
74, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
8431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
9202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
10(a) of P.L.
108-311, sections 101, 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, and sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
14(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, and as amended by P.L.
109-222,
15excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and
16P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and as indirectly
17affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
18101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
19110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
21103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
22(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
23105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
24106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
25P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
1107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
2107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
3excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
4excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
5excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
6excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
7108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
81305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
9109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
10section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
11relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
12109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
13109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
14109-280, except that "Internal Revenue Code" does not include section 847 of the
15federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
16purposes at the same time as for federal purposes. Amendments to the federal
17Internal Revenue Code enacted after December 31, 2005, do not apply to this
18paragraph with respect to taxable years beginning after December 31, 2005, and
19before January 1, 2007, except that changes to the Internal Revenue Code made by
20P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
21109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and
22changes that indirectly affect the provisions applicable to this subchapter made by
23P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
24109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, apply for
25Wisconsin purposes at the same time as for federal purposes.
SB40-CSA1,989,172
71.42
(2) (s) For taxable years that begin after December 31, 2006, "Internal
3Revenue Code" means the federal Internal Revenue Code as amended to
4December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
61202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
7106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
8107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
9108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
10108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
11108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
121329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
13109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
14(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
15109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as indirectly
16affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
17101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
18110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1913113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
20103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
21(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
22105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
23106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
24P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
25107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
1107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
2excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
3excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
4excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
5excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
6108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
71305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
8109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
9section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
10relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
11109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
12109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
13109-280, except that "Internal Revenue Code" does not include section 847 of the
14federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
15purposes at the same time as for federal purposes. Amendments to the federal
16Internal Revenue Code enacted after December 31, 2006, do not apply to this
17paragraph with respect to taxable years beginning after December 31, 2006.
SB40-CSA1,990,419
71.43
(1) Income tax. For the purpose of raising revenue for the state and the
20counties, cities, villages and towns, there shall be assessed, levied, collected and paid
21a tax as provided under this chapter on all Wisconsin net incomes of corporations that
22are not subject to the franchise tax under sub. (2) and that own property within this
23state; that derive income from sources within this state or from activities that are
24attributable to this state; or whose business within this state during the taxable year,
25except as provided under s. 71.23 (3), consists exclusively of foreign commerce,
1interstate commerce, or both, or that buy or sell lottery prizes if the winning tickets
2were originally bought in this state; except as exempted under ss. 71.26 (1) and 71.45
3(1)
(a). This section shall not be construed to prevent or affect the correction of errors
4or omissions in the assessments of income for former years under s. 71.74 (1) and (2).
SB40-CSA1,991,26
71.43
(2) Franchise tax on corporations. For the privilege of exercising its
7franchise, buying or selling lottery prizes if the winning tickets were originally
8bought in this state or doing business in this state in a corporate capacity, except as
9provided under s. 71.23 (3), every domestic or foreign corporation, except
10corporations specified in ss. 71.26 (1) and 71.45 (1)
(a), shall annually pay a franchise
11tax according to or measured by its entire Wisconsin net income of the preceding
12taxable year at the rates set forth in s. 71.46 (2). In addition, except as provided in
13ss. 71.23 (3), 71.26 (1) and 71.45 (1)
(a), a corporation that ceases doing business in
14this state shall pay a special franchise tax according to or measured by its entire
15Wisconsin net income for the taxable year during which the corporation ceases doing
16business in this state at the rate under s. 71.46 (2). Every corporation organized
17under the laws of this state shall be deemed to be residing within this state for the
18purposes of this franchise tax. All provisions of this chapter and ch. 73 relating to
19income taxation of corporations shall apply to franchise taxes imposed under this
20subsection, unless the context requires otherwise. The tax imposed by this
21subsection on insurance companies subject to taxation under this chapter shall be
22based on Wisconsin net income computed under s. 71.45, and no other provision of
23this chapter relating to computation of taxable income for other corporations shall
24apply to such insurance companies. All other provisions of this chapter shall apply
1to insurance companies subject to taxation under this chapter unless the context
2clearly requires otherwise.
SB40-CSA1,991,194
71.44
(3) Extensions. In the case of a corporation required to file a return,
5when sufficient reason is shown, the department of revenue
may on written request 6shall allow an
automatic extension of
30 days 7 months or until the original due date
7of the corporation's
corresponding federal return, whichever is later
, if the
8corporation has not received an extension on its federal return. Any extension of time
9granted by law or by the internal revenue service for the filing of corresponding
10federal returns shall extend the time for filing under this subchapter to 30 days after
11the federal due date if
a copy of any extension requested of the internal revenue
12service is filed with the corporation reports the extension in the manner specified by
13the department on the return.
Termination of an automatic extension by the internal
14revenue service, or its refusal to grant such automatic extension, shall similarly
15require that any returns due under this subchapter are due on or before 30 days after
16the date for termination fixed by the internal revenue service. Except for payments
17of estimated taxes, income or franchise taxes payable upon the filing of the tax return
18shall not become delinquent during such extension period, but shall be subject to
19interest at the rate of 12% per year during such period.
SB40-CSA1, s. 2087e
20Section 2087e. 71.45 (1) of the statutes is renumbered 71.45 (1) (intro.) and
21amended to read:
SB40-CSA1,991,2322
71.45
(1) Exempt and excludable income. (intro.) There shall be exempt from
23taxation under this subchapter income
as follows:
SB40-CSA1,992,16
24(a) Income of insurers exempt from federal income taxation pursuant to section
25501 (c) (15) of the internal revenue code, town mutuals organized under or subject
1to ch. 612, foreign insurers, and domestic insurers engaged exclusively in life
2insurance business, domestic insurers insuring against financial loss by reason of
3nonpayment of principal, interest and other sums agreed to be paid under the terms
4of any note or bond or other evidence of indebtedness secured by a mortgage, deed
5of trust or other instrument constituting a lien or charge on real estate and
6corporations organized under ch. 185, but not including income of cooperative
7sickness care associations organized under s. 185.981, or of a service insurance
8corporation organized under ch. 613, that is derived from a health maintenance
9organization as defined in s. 609.01 (2) or a limited service health organization as
10defined in s. 609.01 (3), or operating under subch. I of ch. 616 which are bona fide
11cooperatives operated without pecuniary profit to any shareholder or member, or
12operated on a cooperative plan pursuant to which they determine and distribute
13their proceeds in substantial compliance with s. 185.45. This
subsection paragraph 14does not apply to income that is realized from the sale of or purchase and subsequent
15sale or redemption of lottery prizes if the winning tickets were originally bought in
16this state.
SB40-CSA1,992,2018
71.45
(1) (b) For taxable years beginning after December 31, 2006, the amount
19of any incentive payment received by an individual under s. 23.33 (5r) in the taxable
20year to which the claim relates.
SB40-CSA1,992,2522
71.45
(1t) (i) Those issued under s. 231.03 (6), on or after the effective date of
23this paragraph .... [revisor inserts date], if the proceeds from the obligations that are
24issued are used by a health facility, as defined in s. 231.01 (5), to fund the acquisition
25of information technology hardware or software.
SB40-CSA1,993,82
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
3computed under s. 71.47 (1dd) to (1dx),
(3h), (3n),
(3p), (3w),
(5b), (5e), (5f), (5g),
and 4(5h)
, (5i), (5j), and (5k) and not passed through by a partnership, limited liability
5company, or tax-option corporation that has added that amount to the partnership's,
6limited liability company's, or tax-option corporation's income under s. 71.21 (4) or
771.34 (1) (g) and the amount of credit computed under s. 71.47 (1), (3), (3t), (4), and
8(5).
SB40-CSA1,993,2210
71.47
(1dx) (a) 5. "Member of a targeted group" means a person who resides
11in an area designated by the federal government as an economic revitalization area,
12a person who is employed in an unsubsidized job but meets the eligibility
13requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
14a person who is employed in a trial job, as defined in s. 49.141 (1) (n),
or in a real work,
15real pay project position under s. 49.147 (3m), a person who is eligible for child care
16assistance under s. 49.155, a person who is a vocational rehabilitation referral, an
17economically disadvantaged youth, an economically disadvantaged veteran, a
18supplemental security income recipient, a general assistance recipient, an
19economically disadvantaged ex-convict, a qualified summer youth employee, as
20defined in
26 USC 51 (d) (7), a dislocated worker, as defined in
29 USC 2801 (9), or
21a food stamp recipient, if the person has been certified in the manner under sub. (1dj)
22(am) 3. by a designated local agency, as defined in sub. (1dj) (am) 2.
SB40-CSA1,994,324
71.47
(1dx) (b) 2. The amount determined by multiplying the amount
25determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
1development zone and filled by a member of a targeted group and by then subtracting
2the subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
3under s. 49.147 (3m) (c) for those jobs.
SB40-CSA1,994,95
71.47
(1dx) (b) 3. The amount determined by multiplying the amount
6determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
7development zone and not filled by a member of a targeted group and by then
8subtracting the subsidies paid under s. 49.147 (3) (a)
or the subsidies and
9reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB40-CSA1,994,1711
71.47
(1dx) (b) 4. The amount determined by multiplying the amount
12determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
13provided in the rules under s. 560.785, excluding jobs for which a credit has been
14claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for
15which significant capital investment was made and by then subtracting the
16subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
17under s. 49.147 (3m) (c) for those jobs.
SB40-CSA1,994,2419
71.47
(1dx) (b) 5. The amount determined by multiplying the amount
20determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as
21provided in the rules under s. 560.785, excluding jobs for which a credit has been
22claimed under sub. (1dj), in a development zone and not filled by a member of a
23targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a)
or
24the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB40-CSA1,995,2
171.47
(3h) Biodiesel fuel production credit. (a)
Definitions. In this
2subsection:
SB40-CSA1,995,33
1. "Biodiesel fuel" has the meaning given in s. 168.14 (2m) (a).
SB40-CSA1,995,54
2. "Claimant" means a person who is engaged in the business of producing
5biodiesel fuel in this state and who files a claim under this subsection.
SB40-CSA1,995,126
(b)
Filing claims. Subject to the limitations provided in this subsection, for
7taxable years beginning after December 31, 2009, and before January 1, 2013, for a
8claimant who produces at least 2,500,000 gallons of biodiesel fuel in this state in the
9taxable year, a claimant may claim as a credit against the tax imposed under s. 71.43,
10up to the amount of the tax, an amount that is equal to the number of gallons of
11biodiesel fuel produced by the claimant in this state in the taxable year multiplied
12by 10 cents.
SB40-CSA1,995,1413
(c)
Limitations. 1. The maximum amount of the credit that a claimant may
14claim under this subsection in a taxable year is $1,000,000.
SB40-CSA1,995,2215
2. Partnerships, limited liability companies, and tax-option corporations may
16not claim the credit under this subsection, but the eligibility for, and the amount of,
17the credit are based on their biodiesel fuel production, as described under par. (b).
18A partnership, limited liability company, or tax-option corporation shall compute
19the amount of credit that each of its partners, members, or shareholders may claim
20and shall provide that information to each of them. Partners, members of limited
21liability companies, and shareholders of tax-option corporations may claim the
22credit in proportion to their ownership interests.
SB40-CSA1,995,2423
(d)
Administration. Section 71.28 (4) (e) to (h) as it applies to the credit under
24s. 71.28 (4), applies to the credit under this subsection.
SB40-CSA1,996,2
171.47
(3p) Dairy manufacturing facility investment credit. (a)
Definitions
2 In this subsection:
SB40-CSA1,996,33
1. "Claimant" means a person who files a claim under this subsection.
SB40-CSA1,996,54
2. "Dairy manufacturing" means processing milk into dairy products or
5processing dairy products for sale commercially.
SB40-CSA1,996,106
3. "Dairy manufacturing modernization or expansion" means constructing,
7improving, or acquiring buildings or facilities, or acquiring equipment, for dairy
8manufacturing, including the following, if used exclusively for dairy manufacturing
9and if acquired and placed in service in this state during taxable years that begin
10after December 31, 2006, and before January 1, 2015:
SB40-CSA1,996,1111
a. Building construction, including storage and warehouse facilities.
SB40-CSA1,996,1212
b. Building additions.
SB40-CSA1,996,1313
c. Upgrades to utilities, including water, electric, heat, and waste facilities.
SB40-CSA1,996,1414
d. Milk intake and storage equipment.
SB40-CSA1,996,1715
e. Processing and manufacturing equipment, including pipes, motors, pumps,
16valves, pasteurizers, homogenizers, vats, evaporators, dryers, concentrators, and
17churns.
SB40-CSA1,996,1918
f. Packaging and handling equipment, including sealing, bagging, boxing,
19labeling, conveying, and product movement equipment.
SB40-CSA1,996,2020
g. Warehouse equipment, including storage racks.
SB40-CSA1,996,2321
h. Waste treatment and waste management equipment, including tanks,
22blowers, separators, dryers, digesters, and equipment that uses waste to produce
23energy, fuel, or industrial products.
SB40-CSA1,997,3
1i. Computer software and hardware used for managing the claimant's dairy
2manufacturing operation, including software and hardware related to logistics,
3inventory management, and production plant controls.
SB40-CSA1,997,54
4. "Used exclusively" means used to the exclusion of all other uses except for
5use not exceeding 5 percent of total use.
SB40-CSA1,997,116
(b)
Filing claims. Subject to the limitations provided in this subsection and s.
7560.207, for taxable years beginning after December 31, 2006, and before January
81, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.43,
9up to the amount of the tax, an amount equal to 10 percent of the amount the
10claimant paid in the taxable year for dairy manufacturing modernization or
11expansion related to the claimant's dairy manufacturing operation.
SB40-CSA1,997,1412
(c)
Limitations. 1. No credit may be allowed under this subsection for any
13amount that the claimant paid for expenses described under par. (b) that the
14claimant also claimed as a deduction under section
162 of the Internal Revenue Code.
SB40-CSA1,997,1615
2. The aggregate amount of credits that a claimant may claim under this
16subsection is $200,000.
SB40-CSA1,997,1917
2m. a. The maximum amount of the credits that may be claimed under this
18subsection and ss. 71.07 (3p) and 71.28 (3p) in fiscal year 2007-08 is $600,000, as
19allocated under s. 560.207.
SB40-CSA1,997,2220
b. The maximum amount of the credits that may be claimed under this
21subsection and ss. 71.07 (3p) and 71.28 (3p) in fiscal year 2008-09, and in each fiscal
22year thereafter, is $700,000, as allocated under s. 560.207.
SB40-CSA1,998,623
3. Partnerships, limited liability companies, and tax-option corporations may
24not claim the credit under this subsection, but the eligibility for, and the amount of,
25the credit are based on their payment of expenses under par. (b), except that the
1aggregate amount of credits that the entity may compute shall not exceed $200,000.
2A partnership, limited liability company, or tax-option corporation shall compute
3the amount of credit that each of its partners, members, or shareholders may claim
4and shall provide that information to each of them. Partners, members of limited
5liability companies, and shareholders of tax-option corporations may claim the
6credit in proportion to their ownership interest.
SB40-CSA1,998,107
4. If 2 or more persons own and operate the dairy manufacturing operation,
8each person may claim a credit under par. (b) in proportion to his or her ownership
9interest, except that the aggregate amount of the credits claimed by all persons who
10own and operate the dairy manufacturing operation shall not exceed $200,000.
SB40-CSA1,998,1211
(d)
Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the credit
12under s. 71.28 (4), applies to the credit under this subsection.
SB40-CSA1,998,1713
2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
14due under s. 71.43 or no tax is due under s. 71.43, the amount of the claim not used
15to offset the tax due shall be certified by the department of revenue to the department
16of administration for payment by check, share draft, or other draft drawn from the
17appropriation account under s. 20.835 (2) (bn).
SB40-CSA1,998,2019
71.47
(3w) (a) 5m. "Wages" means wages under section
3306 (b) of the Internal
20Revenue Code, determined without regard to any dollar limitations.
SB40-CSA1,999,222
71.47
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
23attributable to
compensation wages paid to
individuals full-time employees for
24services that are performed in
a an enterprise zone. "Zone payroll" does not include
1the amount of
compensation wages paid to any
individuals full-time employees that
2exceeds $100,000.
SB40-CSA1, s. 2098
3Section
2098. 71.47 (3w) (b) 1. a. of the statutes is amended to read:
SB40-CSA1,999,94
71.47
(3w) (b) 1. a. The
claimant's zone payroll in the taxable year, minus the
5claimant's zone payroll number of full-time employees whose annual wages are
6greater than $30,000 and who the claimant employed in the enterprise zone in the
7taxable year, minus the number of full-time employees whose annual wages were
8greater than $30,000 and who the claimant employed in the area that comprises the
9enterprise zone in the base year.
SB40-CSA1, s. 2099
10Section
2099. 71.47 (3w) (b) 1. b. of the statutes is amended to read:
SB40-CSA1,999,1511
71.47
(3w) (b) 1. b. The
claimant's state payroll in the taxable year, minus the
12claimant's state payroll number of full-time employees whose annual wages are
13greater than $30,000 and who the claimant employed in the state in the taxable year,
14minus the number of full-time employees whose annual wages were greater than
15$30,000 and who the claimant employed in the state in the base year.
SB40-CSA1,999,2217
71.47
(3w) (b) 2.
Subtract the number of Determine the claimant's average
18zone payroll by dividing total wages for full-time employees
that whose annual
19wages are greater than $30,000 and who the claimant employed in
the area that
20comprises the enterprise zone in the
base taxable year
from by the number of
21full-time employees
that whose annual wages are greater than $30,000 and who the
22claimant employed in the enterprise zone in the taxable year.
SB40-CSA1,999,2524
71.47
(3w) (b) 3.
Multiply Subtract $30,000 from the amount determined under
25subd. 2.
, but not an amount less than zero, by $30,000.
