AB40-ASA1,734,2418
(j)
Amounts subject to refund. Amounts designated for the Badger Chapter
19under this subsection are not subject to refund to the taxpayer unless the taxpayer
20submits information to the satisfaction of the department, within 18 months after
21the date on which the taxes are due or the date on which the return is filed, whichever
22is later, that the amount designated is clearly in error. Any refund granted by the
23department under this paragraph shall be deducted from the moneys received under
24this subsection in the fiscal year for which the refund is certified.
AB40-ASA1,735,4
171.21
(4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
2(2dj), (2dL), (2dm), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s),
3(3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k),
(5n), (5r), (5rm), and (8r) and passed
4through to partners shall be added to the partnership's income.
AB40-ASA1,737,146
71.22
(4) (u) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
7(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
8December 31, 2007, and before January 1, 2009, means the federal Internal Revenue
9Code as amended to December 31, 2007, excluding sections 103, 104, and 110 of P.L.
10102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
11sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
124, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
13431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
14202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
15(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
16of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
171328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
18of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
19(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
20P.L.
109-222, sections 811 and 844 of P.L.
109-280, P.L.
109-432, P.L.
110-28, P.L.
21110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, and P.L.
110-172, and as
22amended by P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and 23section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
24C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L.
25111-192, and as indirectly affected in the provisions applicable to this subchapter by
1P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
2812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
3100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
4102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
5102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
613203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
7104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
8104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
9105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
10excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
11section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
12excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
13107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
14108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
15108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403
16(a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 211, 242, 244, 336, 337,
17422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
18109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
191329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
20109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
21sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
22(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
23209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding
24sections 811 and 844 of P.L.
109-280, P.L.
110-245, excluding sections 110, 113, and
25301 of P.L.
110-245,
and section 15316 of P.L. 110-246, section 301 of division B and
1section 313 of division C of P.L. 110-343, P.L.
110-458
, section 1541 of division B of
2P.L. 111-5, and P.L. 111-192. The Internal Revenue Code applies for Wisconsin
3purposes at the same time as for federal purposes. Amendments to the federal
4Internal Revenue Code enacted after December 31, 2007, do not apply to this
5paragraph with respect to taxable years beginning after December 31, 2007, and
6before January 1, 2009, except that changes to the Internal Revenue Code made by
7P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316
8of P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343, 9P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, and changes
10that indirectly affect the provisions applicable to this subchapter made by
P.L.
11110-245, excluding sections 110, 113, and 301 of P.L. 110-245, section 15316 of P.L.
12110-246, section 301 of division B and section 313 of division C of P.L. 110-343, P.L.
13110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, apply for
14Wisconsin purposes at the same time as for federal purposes.
AB40-ASA1,740,416
71.22
(4) (um) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
18December 31, 2008,
and before January 1, 2011, means the federal Internal Revenue
19Code as amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
20102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
21sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
224, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
23431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
24202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
25(a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
1910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
21326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section
3301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
4(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, and 513
5of P.L.
109-222,
section 844 of P.L. 109-280, P.L.
109-432, P.L.
110-28, P.L.
110-140,
6P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
110-234,
7sections 110, 113, and 301 of P.L.
110-245, P.L.
110-246,
except section 15316 of P.L.
8110-246, P.L.
110-289,
except section 3093 of P.L. 110-289, P.L.
110-317,
and P.L.
9110-343,
except section 301 of division B and section 313 of division C of P.L. 110-343, 10and
P.L. 110-351, as amended by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531,
11and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section
121601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and
13P.L. 111-325, and as indirectly affected in the provisions applicable to this
14subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
15(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
16(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
17101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
18102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1913174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
20104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
21(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
22105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
23106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
24excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
25107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
1107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
2202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
3108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
4401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211,
5242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476,
6P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
71326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
8of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
9excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
10(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
11101, 207, 209, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280,
excluding
12section 844 of P.L. 109-280, P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
13110-245,
and section 15316 of P.L. 110-246, section 3093 of P.L. 110-289, section 301
14of division B and section 313 of division C of P.L. 110-343, P.L. 110-351, P.L.
110-458,
15sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
16111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section
17215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325. The Internal
18Revenue Code applies for Wisconsin purposes at the same time as for federal
19purposes. Amendments to the federal Internal Revenue Code enacted after
20December 31, 2008, do not apply to this paragraph with respect to taxable years
21beginning after December 31, 2008
, and before January 1, 2011, except that changes
22to the Internal Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522,
231531, and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192,
24section 1601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240,
25and P.L. 111-325, and changes that indirectly affect the provisions applicable to this
1subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
2division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L.
3111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325,
4apply for Wisconsin purposes at the same time as for federal purposes.
AB40-ASA1,743,106
71.22
(4) (un) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
7(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
8December 31, 2010, means the federal Internal Revenue Code as amended to
9December 31, 2010, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
111202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
12106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
13107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
14108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
15108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
16108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
171329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
18109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
19(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
109-222,
20P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of
21division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except sections
228215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2, 3, and 5
23of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
24P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246, except sections
254, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections 3071, 3081, and
13082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343, except sections 116,
2208, 211, and 301 of division B and sections 313 and 504 of division C of P.L.
110-343,
3P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
4division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
111-148, except sections
51322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148, P.L.
111-152,
6except section 1407 of P.L.
111-152, P.L.
111-203, except section 1601 of P.L.
111-203,
7P.L.
111-226, except sections 215 and 217 of P.L.
111-226, P.L.
111-240, except
8sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
111-312, and as
9indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
10100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
11(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
12101-73, 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 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
15103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
16excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
17104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
18105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
19162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
20107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
21101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
22107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, 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, 308, 316, 401, and 403 (a) of P.L.
25108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
1847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, 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.
109-59, excluding section 11146 of P.L.
4109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
5sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
6(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
7503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410,
8412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
9sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142,
10excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b)
11and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
12110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
13110-289, excluding sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317,
14excluding section 9 (e) of P.L.
110-317, sections 116, 208, 211, and 301 of division B
15and sections 313 and 504 of division C of P.L.
110-343, P.L.
110-351, P.L.
110-458,
16sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
17111-5, P.L.
111-92, P.L.
111-147, excluding section 201 of P.L.
111-147, sections
181322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148, section 1407
19of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
111-203, sections 215 and 217 of
20P.L.
111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
21111-325. The Internal Revenue Code applies for Wisconsin purposes at the same
22time as for federal purposes, except that changes made by section 209 of P.L.
23109-222, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of division A and
24section 403 of division C of P.L.
109-432, sections 8215, 8231, 8232, 8234, and 8236
25of P.L.
110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3, and 5 of P.L.
1110-142, P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
2sections 110 and 113 of P.L.
110-245, sections 15312, 15313, 15314, and 15342 of P.L.
3110-246, sections 3031, 3032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L.
4110-289, P.L.
110-317, excluding section 9 (e) of P.L.
110-317, sections 116, 208, and
5211 of division B and section 504 of division C of P.L.
110-343, section 14 of P.L.
6111-92, sections 531, 532, and 533 of P.L.
111-147, sections 10908 and 10909 of P.L.
7111-148, and section 2043 of P.L.
111-240 do not apply for taxable years beginning
8before January 1, 2011. Amendments to the federal Internal Revenue Code enacted
9after December 31, 2010, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 2010.
AB40-ASA1,745,1912
71.22
(4m) (s) For taxable years that begin after December 31, 2007, and
13before January 1, 2009, "Internal Revenue Code," for corporations that are subject
14to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
15Internal Revenue Code as amended to December 31, 2007, excluding sections 103,
16104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
17(d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
18104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
19P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
20sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
21308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337,
22422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310,
231323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of
24P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to
25section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101,
1207, 209, 503, 512, and 513 of P.L.
109-222, sections 811 and 844 of P.L.
109-280, P.L.
2109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, and
3P.L.
110-172, and as amended by P.L.
110-245, excluding sections 110, 113, and 301
4of P.L.
110-245,
and section 15316 of P.L. 110-246, section 301 of division B and
5section 313 of division C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of
6P.L. 111-5, and P.L. 111-192, and as indirectly affected in the provisions applicable
7to this subchapter 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.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
16107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
17of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
18excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
19excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
20excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
21excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
22108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
231305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
24109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
25section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
1relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
2109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
3109-222, P.L.
109-227,and P.L.
109-280, excluding sections 811 and 844 of P.L.
4109-280, P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and 5section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
6C of P.L. 110-343, P.L.
110-458, section 1541 of division B of P.L. 111-5, and P.L.
7111-192. The Internal Revenue Code applies for Wisconsin purposes at the same
8time as for federal purposes. Amendments to the Internal Revenue Code enacted
9after December 31, 2007, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 2007, and before January 1, 2009, except that changes
11to the Internal Revenue Code made by P.L.
110-245, excluding sections 110, 113, and
12301 of P.L.
110-245,
and section 15316 of P.L. 110-246, section 301 of division B and
13section 313 of division C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of
14P.L. 111-5, and P.L. 111-192, and changes that indirectly affect the provisions
15applicable to this subchapter made by P.L.
110-245, excluding sections 110, 113, and
16301 of P.L.
110-245,
and section 15316 of P.L. 110-246, section 301 of division B and
17section 313 of division C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of
18P.L. 111-5, and P.L. 111-192, apply for Wisconsin purposes at the same time as for
19federal purposes.
AB40-ASA1,748,821
71.22
(4m) (sm) For taxable years that begin after December 31, 2008,
and
22before January 1, 2011, "Internal Revenue Code," for corporations that are subject
23to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
24Internal Revenue Code as amended to December 31, 2008, excluding sections 103,
25104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
1(d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
2104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
3P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
4sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
5308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336,
6337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309,
71310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section
811146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates
9to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101,
10207, 209, 503, and 513 of P.L.
109-222,
section 844 of P.L. 109-280, P.L.
109-432, P.L.
11110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
12110-185, P.L.
110-234, sections 110, 113, and 301 of P.L.
110-245, P.L.
110-246,
13except section 15316 of P.L. 110-246, P.L.
110-289,
except section 3093 of P.L.
14110-289, P.L.
110-317,
and P.L.
110-343,
except section 301 of division B and section
15313 of division C of P.L. 110-343, and
P.L. 110-351, as amended by sections 1261,
161262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301
17of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L.
18111-226, section 2112 of P.L. 111-240, and P.L. 111-325, and as indirectly affected
19in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
20100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
21102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
22102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
2313203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
24104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
25104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
1105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
2excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
3section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
4excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
5107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
6108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
7108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403
8(a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336,
9337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7,
10P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
111329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
12109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
13sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
14(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
15209, 503, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
109-280,
excluding section
16844 of P.L. 109-280, P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
17110-245,
and section 15316 of P.L. 110-246, section 3093 of P.L. 110-289, section 301
18of division B and section 313 of division C of P.L. 110-343, P.L. 110-351, P.L.
110-458,
19sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
20111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section
21215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325. The Internal
22Revenue Code applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the Internal Revenue Code enacted after December 31,
242008, do not apply to this paragraph with respect to taxable years beginning after
25December 31, 2008
, and before January 1, 2011, except that changes to the Internal
1Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541
2of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of
3P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L.
4111-325, and changes that indirectly affect the provisions applicable to this
5subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
6division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L.
7111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325,
8apply for Wisconsin purposes at the same time as for federal purposes.
AB40-ASA1,751,1310
71.22
(4m) (sn) For taxable years that begin after December 31, 2010,
11"Internal Revenue Code," for corporations that are subject to a tax on unrelated
12business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
13amended to December 31, 2010, excluding sections 103, 104, and 110 of P.L.
102-227,
14sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
151123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
165 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
17P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
18P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
19P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
20of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
211328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
22of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
23(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
24109-222, P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
25of division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except
1sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2,
23, and 5 of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
3110-172, P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246,
4except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections
53071, 3081, and 3082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343,
6except sections 116, 208, 211, and 301 of division B and sections 313 and 504 of
7division C of P.L.
110-343, P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521,
81522, 1531, and 1541 of division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
9111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of
10P.L.
111-148, P.L.
111-152, except section 1407 of P.L.
111-152, P.L.
111-203, except
11section 1601 of P.L.
111-203, P.L.
111-226, except sections 215 and 217 of P.L.
12111-226, P.L.
111-240, except sections 2014, 2043, 2111, 2112, and 2113 of P.L.
13111-240, and P.L.
111-312, and as indirectly affected in the provisions applicable to
14this 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, P.L.
104-7, P.L.
104-188, excluding sections
191123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
20104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
21106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
22P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
23107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
24of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
25excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
1excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
2excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
3excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
4P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
51305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
6109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
7section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
8relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
9109-151, P.L.
109-222, excluding sections 101, 207, 503, and 513 of P.L.
109-222,
10P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
11of division A and section 403 of division C of P.L.
109-432, sections 8215, 8231, 8232,
128234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3,
13and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g)
14of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
110-245, sections 4,
1515312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
110-289, excluding
16sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317, excluding section 9 (e)
17of P.L.
110-317, sections 116, 208, 211, and 301 of division B and sections 313 and 504
18of division C of P.L.
110-343, P.L.
110-351, P.L.
110-458, sections 1261, 1262, 1401,
191402, 1521, 1522, 1531, and 1541 of division B of P.L.
111-5, P.L.
111-92, P.L.
20111-147, excluding section 201 of P.L.
111-147, sections 1322, 1515, 9003, 9021,
219022, 10108, 10908, and 10909 of P.L.
111-148, section 1407 of P.L.
111-152, P.L.
22111-192, section 1601 of P.L.
111-203, sections 215 and 217 of P.L.
111-226, sections
232014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
111-325. The Internal
24Revenue Code applies for Wisconsin purposes at the same time as for federal
25purposes, except that changes made by section 209 of P.L.
109-222, sections 117, 406,
1409, 410, 412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
2109-432, sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
3110-142, excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding
4sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172, sections 110 and 113 of P.L.
5110-245, sections 15312, 15313, 15314, and 15342 of P.L.
110-246, sections 3031,
63032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L.
110-289, P.L.
110-317,
7excluding section 9 (e) of P.L.
110-317, sections 116, 208, and 211 of division B and
8section 504 of division C of P.L.
110-343, section 14 of P.L.
111-92, sections 531, 532,
9and 533 of P.L.
111-147, sections 10908 and 10909 of P.L.
111-148, and section 2043
10of P.L.
111-240 do not apply for taxable years beginning before January 1, 2011.
11Amendments to the Internal Revenue Code enacted after December 31, 2010, do not
12apply to this paragraph with respect to taxable years beginning after
13December 31, 2010.
AB40-ASA1,751,1815
71.255
(2m) (d) The department
shall
may not disregard the tax effect of an
16election under this subsection, or disallow the election, with respect to any controlled
17group member or members for any year of the election period
, if the department
18determines that the election has the effect of tax avoidance.
AB40-ASA1,752,320
71.255
(6) (a) Except as provided in pars. (b)
, (bm), and (c) no tax credit,
21Wisconsin net business loss carry-forward, or other post-apportionment deduction
22earned by one member of the combined group, but not fully used by or allowed to that
23member, may be used in whole or in part by another member of the combined group
24or applied in whole or in part against the total income of the combined group. A
25member of a combined group may use a carry-forward of a credit, Wisconsin net
1business loss carry-forward, or other post-apportionment deduction otherwise
2allowable under s. 71.26 or 71.45, that was incurred by that same member in a
3taxable year beginning before January 1, 2009.
AB40-ASA1,752,95
71.255
(6) (bm) 1. In this paragraph, "pre-2009 net business loss
6carry-forward" means a corporation's total net Wisconsin business loss
7carry-forward computed under s. 71.26 (4) or 71.45 (4) as of the beginning of its first
8taxable year that begins after December 31, 2008, but not used by the corporation
9in any taxable year beginning before January 1, 2012.
AB40-ASA1,752,2510
2. Starting with the first taxable year beginning after December 31, 2011, and
11for each of the 19 subsequent taxable years, and subject to the limitations provided
12under s. 71.26 (3) (n), for each taxable year that a corporation that is a member of a
13combined group has pre-2009 net business loss carry-forward, the corporation may,
14after using the pre-2009 net business loss carry-forward to offset its own income for
15the taxable year, and after using shareable losses to offset its own income for the
16taxable year, as provided under par. (b) 1., use up to 5 percent of the remaining
17pre-2009 net business loss carry-forward, until used or expired, to offset the
18Wisconsin income of all other members of the combined group on a proportionate
19basis, to the extent such income is attributable to the unitary business. If the full
205 percent of such pre-2009 net business loss carry-forward cannot be fully used to
21offset the Wisconsin income of all other members of the combined group, the
22remainder may be added to the portion that may offset the Wisconsin income of all
23other members of the combined group in a subsequent year, until it is completely
24used or expired, except that unused pre-2009 net business loss carry-forwards may
25not be used in any taxable year that begins after December 31, 2031.
AB40-ASA1,753,4
13. Unless otherwise provided by the department by rule, if the corporation may
2no longer be included in the combined group, as determined under this section, the
3corporation's pre-2009 net business loss carry-forward shall be available only to
4that corporation.
AB40-ASA1,753,55
4. The department shall promulgate rules to administer this paragraph.
AB40-ASA1,753,117
71.26
(1) (b)
Political units. Income received by the United States, the state
8and all counties, cities, villages, towns, school districts, technical college districts,
9joint local water authorities created under s. 66.0823,
transit authorities created
10under s. 59.58 (7) or 66.1039, long-term care districts under s. 46.2895 or other
11political units of this state.
AB40-ASA1,753,1614
71.26
(1m) (m) Those issued by the Wisconsin Housing and Economic
15Development Authority to provide loans to a public affairs network under s. 234.75
16(4).
AB40-ASA1,753,2519
71.26
(2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dd),
20(1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r),
21(3rm), (3rn), (3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k),
(5n), (5r), (5rm), (8r), and
22(9s) and not passed through by a partnership, limited liability company, or
23tax-option corporation that has added that amount to the partnership's, limited
24liability company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k)
25(g).
AB40-ASA1,760,42
71.26
(2) (b) 21. For taxable years that begin after December 31, 2007, and
3before January 1, 2009, for a corporation, conduit, or common law trust which
4qualifies as a regulated investment company, real estate mortgage investment
5conduit, real estate investment trust, or financial asset securitization investment
6trust under the Internal Revenue Code as amended to December 31, 2007, excluding
7sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
813174, and 13203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and
91605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165
10of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of
11P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173,
12sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242,
13244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308,
141309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58,
15section 11146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as
16it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135,
17sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, sections 811 and 844 of P.L.
18109-280, P.L.
109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
19110-166, and P.L.
110-172, and as amended by P.L.
110-245, excluding sections 110,
20113, and 301 of P.L.
110-245,
and section 15316 of P.L. 110-246, section 301 of
21division B and section 313 of division C of P.L. 110-343, P.L.
110-458,
section 1541
22of division B of P.L. 111-5, and P.L. 111-192, and as indirectly affected in the
23provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
24P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
25excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
1103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
2103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
3excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
4104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
5105-277, P.L.
106-36, P.L.
106-170, 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 and 301 (a) 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, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
11108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
12108-311, P.L.
108-357, excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847,
13909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58,
14excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
15and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
16109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101,
17105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
18P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512,
19and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, excluding sections 811 and 844
20of P.L.
109-280, P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
21and section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
22C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L.
23111-192, "net income" means the federal regulated investment company taxable
24income, federal real estate mortgage investment conduit taxable income, federal real
25estate investment trust or financial asset securitization investment trust taxable
1income of the corporation, conduit, or trust as determined under the Internal
2Revenue Code as amended to December 31, 2007, excluding sections 103, 104, and
3110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
4103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
5sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
6106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections
7106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316,
8401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847,
9909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324,
101325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59,
11section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a),
12402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512,
13and 513 of P.L.
109-222, sections 811 and 844 of P.L.
109-280, P.L.
109-432, P.L.
14110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, and P.L.
110-172,
15and as amended by P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
16110-245,
and section 15316 of P.L. 110-246, section 301 of division B and section 313
17of division C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of P.L. 111-5,
18and P.L. 111-192, and as indirectly affected in the provisions applicable to this
19subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
20P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
21and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2213113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
23103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
24(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
25105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
1106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
2P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
3107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
4107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
5excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
6excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
7excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
8excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
9108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
101305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
11109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
12section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
13relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
14109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
15109-222, P.L.
109-227, P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280,
16P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316
17of P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343, 18P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, except that
19property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
20for taxable years 1983 to 1986 under the Internal Revenue Code as amended to
21December 31, 1980, shall continue to be depreciated under the Internal Revenue
22Code as amended to December 31, 1980, and except that the appropriate amount
23shall be added or subtracted to reflect differences between the depreciation or
24adjusted basis for federal income tax purposes and the depreciation or adjusted basis
25under this chapter of any property disposed of during the taxable year. The Internal
1Revenue Code as amended to December 31, 2007, excluding sections 103, 104, and
2110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
3103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
4sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
5106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections
6106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316,
7401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847,
8909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324,
91325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59,
10section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a),
11402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512,
12and 513 of P.L.
109-222, sections 811 and 844 of P.L.
109-280, P.L.
109-432, P.L.
13110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, and P.L.
110-172,
14and as amended by P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
15110-245,
and section 15316 of P.L. 110-246, section 301 of division B and section 313
16of division C of P.L. 110-343, P.L.
110-458,
section 1541 of division B of P.L. 111-5,
17and P.L. 111-192, 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, P.L.
104-193, P.L.
24105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
25106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
1P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
2107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
3107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
4excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
5excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
6excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
7excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
8108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
91305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
10109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
11section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
12relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
13109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
14109-222, P.L.
109-227, P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280,
15P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316
16of P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343, 17P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, applies for
18Wisconsin purposes at the same time as for federal purposes. Amendments to the
19Internal Revenue Code enacted after December 31, 2007, do not apply to this
20subdivision with respect to taxable years that begin after December 31, 2007, and
21before January 1, 2009, except that changes to the Internal Revenue Code made by
22P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316
23of P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343, 24P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, and changes
25that indirectly affect the provisions applicable to this subchapter made by P.L.
1110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316 of
2P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343, 3P.L.
110-458,
section 1541 of division B of P.L. 111-5, and P.L. 111-192, apply for
4Wisconsin purposes at the same time as for federal purposes.
AB40-ASA1,767,26
71.26
(2) (b) 22. For taxable years that begin after December 31, 2008,
and
7before January 1, 2011, for a corporation, conduit, or common law trust which
8qualifies as a regulated investment company, real estate mortgage investment
9conduit, real estate investment trust, or financial asset securitization investment
10trust under the Internal Revenue Code as amended to December 31, 2008, excluding
11sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1213174, and 13203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and
131605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165
14of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of
15P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173,
16sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211,
17242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305,
181308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58,
19section 11146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as
20it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135,
21sections 101, 207, 209, 503, and 513 of P.L.
109-222,
section 844 of P.L. 109-280, P.L.
22109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
23110-172, P.L.
110-185, P.L.
110-234, sections 110, 113, and 301 of P.L.
110-245, P.L.
24110-246,
except section 15316 of P.L. 110-246, P.L.
110-289,
except section 3093 of
25P.L. 110-289, P.L.
110-317,
and P.L.
110-343,
except section 301 of division B and
1section 313 of division C of P.L. 110-343, and
P.L. 110-351, as amended by sections
21261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section
3301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L.
4111-226, section 2112 of P.L. 111-240, and P.L. 111-325, and as indirectly affected
5in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
6100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
7102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
8102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
10104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
11104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
12105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
13excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
14section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
15excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
16107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
17108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
18108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403
19(a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336,
20337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7,
21P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
221329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
23109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
24sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
25(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
1209, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280,
excluding section 844
2of P.L. 109-280, P.L.
110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
3and section 15316 of P.L. 110-246, section 3093 of P.L. 110-289, section 301 of
4division B and section 313 of division C of P.L. 110-343, P.L. 110-351, P.L.
110-458,
5sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
6111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section
7215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325, "net income"
8means the federal regulated investment company taxable income, federal real estate
9mortgage investment conduit taxable income, federal real estate investment trust
10or financial asset securitization investment trust taxable income of the corporation,
11conduit, or trust as determined under the Internal Revenue Code as amended to
12December 31, 2008, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1313113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
141202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
15106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
16107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
17108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
18108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
19108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
201329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
21109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
22(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, and 513 of P.L.
23109-222,
section 844 of P.L. 109-280, P.L.
109-432, P.L.
110-28, P.L.
110-140, P.L.
24110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
110-234,
25sections 110, 113, and 301 of P.L.
110-245, P.L.
110-246,
except section 15316 of P.L.
1110-246, P.L.
110-289,
except section 3093 of P.L. 110-289, P.L.
110-317,
and P.L.
2110-343,
except section 301 of division B and section 313 of division C of P.L. 110-343, 3and
P.L. 110-351, as amended by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531,
4and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section
51601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and
6P.L. 111-325, and as indirectly affected in the provisions applicable to this
7subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
8P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
9and 110 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, P.L.
104-193, P.L.
13105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
14106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
15P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
16107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
17107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
18excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
19excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
20excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
21excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
22P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
231305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
24109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
25section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
1relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
2109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, and 513 of P.L.
3109-222, P.L.
109-227, P.L.
109-280,
excluding section 844 of P.L. 109-280, P.L.
4110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316 of
5P.L. 110-246, section 3093 of P.L. 110-289, section 301 of division B and section 313
6of division C of P.L. 110-343, P.L. 110-351, P.L.
110-458,
sections 1261, 1262, 1401,
71402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301 of P.L.
8111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L. 111-226,
9section 2112 of P.L. 111-240, and P.L. 111-325, except that property that, under s.
1071.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
11to 1986 under the Internal Revenue Code as amended to December 31, 1980, shall
12continue to be depreciated under the Internal Revenue Code as amended to
13December 31, 1980, and except that the appropriate amount shall be added or
14subtracted to reflect differences between the depreciation or adjusted basis for
15federal income tax purposes and the depreciation or adjusted basis under this
16chapter of any property disposed of during the taxable year. The Internal Revenue
17Code as amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
18102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
19sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
204, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
21431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
22202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
23(a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
24910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
251326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section
1301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
2(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, and 513
3of P.L.
109-222,
section 844 of P.L. 109-280, P.L.
109-432, P.L.
110-28, P.L.
110-140,
4P.L.
110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
110-234,
5sections 110, 113, and 301 of P.L.
110-245, P.L.
110-246,
except section 15316 of P.L.
6110-246, P.L.
110-289,
except section 3093 of P.L. 110-289, P.L.
110-317,
and P.L.
7110-343,
except section 301 of division B and section 313 of division C of P.L. 110-343,
8and
P.L. 110-351, as amended by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531,
9and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section
101601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and
11P.L. 111-325, and as indirectly affected in the provisions applicable to this
12subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
13P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
14and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
16103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
17(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
18105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
19106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
20P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
21107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
22107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
23excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
24excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
25excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
1excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
2P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
31305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
4109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
5section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
6relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
7109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, and 513 of P.L.
8109-222, P.L.
109-227, P.L.
109-280,
excluding section 844 of P.L. 109-280, P.L.
9110-245, excluding sections 110, 113, and 301 of P.L.
110-245,
and section 15316 of
10P.L. 110-246, section 3093 of P.L. 110-289, section 301 of division B and section 313
11of division C of P.L. 110-343, P.L. 110-351, P.L.
110-458,
sections 1261, 1262, 1401,
121402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301 of P.L.
13111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L. 111-226,
14section 2112 of P.L. 111-240, and P.L. 111-325, applies for Wisconsin purposes at the
15same time as for federal purposes. Amendments to the Internal Revenue Code
16enacted after December 31, 2008, do not apply to this subdivision with respect to
17taxable years that begin after December 31, 2008
, and before January 1, 2011,
18except that changes to the Internal Revenue Code made by sections 1261, 1262, 1401,
191402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301 of P.L.
20111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L. 111-226,
21section 2112 of P.L. 111-240, and P.L. 111-325, and changes that indirectly affect the
22provisions applicable to this subchapter made by sections 1261, 1262, 1401, 1402,
231521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147,
24P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112
1of P.L. 111-240, and P.L. 111-325, apply for Wisconsin purposes at the same time as
2for federal purposes.
AB40-ASA1,775,144
71.26
(2) (b) 23. For taxable years that begin after December 31, 2010, for a
5corporation, conduit, or common law trust which qualifies as a regulated investment
6company, real estate mortgage investment conduit, real estate investment trust, or
7financial asset securitization investment trust under the Internal Revenue Code as
8amended to December 31, 2010, excluding sections 103, 104, and 110 of P.L.
102-227,
9sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
101123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
115 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
12P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
13P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
14P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
15of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
161328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
17of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
18(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
19109-222, P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
20of division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except
21sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2,
223, and 5 of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
23110-172, P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246,
24except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections
253071, 3081, and 3082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343,
1except sections 116, 208, 211, and 301 of division B and sections 313 and 504 of
2division C of P.L.
110-343, P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521,
31522, 1531, and 1541 of division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
4111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of
5P.L.
111-148, P.L.
111-152, except section 1407 of P.L.
111-152, P.L.
111-203, except
6section 1601 of P.L.
111-203, P.L.
111-226, except sections 215 and 217 of P.L.
7111-226, P.L.
111-240, except sections 2014, 2043, 2111, 2112, and 2113 of P.L.
8111-240, and P.L.
111-312, and as indirectly affected in the provisions applicable to
9this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
10101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
11103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
12sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
13103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
141123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
15104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
16106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
17P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
18107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
19of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
20excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
21excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
22excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
23excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
24P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
251305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
1109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
2section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
3relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
4109-151, P.L.
109-222, excluding sections 101, 207, 503, and 513 of P.L.
109-222,
5P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
6of division A and section 403 of division C of P.L.
109-432, sections 8215, 8231, 8232,
78234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3,
8and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g)
9of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
110-245, sections 4,
1015312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
110-289, excluding
11sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317, excluding section 9 (e)
12of P.L.
110-317, sections 116, 208, 211, and 301 of division B and sections 313 and 504
13of division C of P.L.
110-343, P.L.
110-351, P.L.
110-458, sections 1261, 1262, 1401,
141402, 1521, 1522, 1531, and 1541 of division B of P.L.
111-5, P.L.
111-92, P.L.
15111-147, excluding section 201 of P.L.
111-147, sections 1322, 1515, 9003, 9021,
169022, 10108, 10908, and 10909 of P.L.
111-148, section 1407 of P.L.
111-152, P.L.
17111-192, section 1601 of P.L.
111-203, sections 215 and 217 of P.L.
111-226, sections
182014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
111-325, "net income"
19means the federal regulated investment company taxable income, federal real estate
20mortgage investment conduit taxable income, federal real estate investment trust
21or financial asset securitization investment trust taxable income of the corporation,
22conduit, or trust as determined under the Internal Revenue Code as amended to
23December 31, 2010, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
251202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
1106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
2107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
3108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
4108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
5108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
61329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
7109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
8(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
109-222,
9P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of
10division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except sections
118215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2, 3, and 5
12of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
13P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246, except sections
144, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections 3071, 3081, and
153082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343, except sections 116,
16208, 211, and 301 of division B and sections 313 and 504 of division C of P.L.
110-343,
17P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
18division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
111-148, except sections
191322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148, P.L.
111-152,
20except section 1407 of P.L.
111-152, P.L.
111-203, except section 1601 of P.L.
111-203,
21P.L.
111-226, except sections 215 and 217 of P.L.
111-226, P.L.
111-240, except
22sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
111-312, and as
23indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
24100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
25101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
1102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
213174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
3104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
4(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
5105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
6106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
7excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
8107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
9107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
10202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
11108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
12401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211,
13242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476,
14P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
151326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
16of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
17excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
18(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
19101, 207, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, sections 117, 406,
20409, 410, 412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
21109-432, sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
22110-142, excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding
23sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-245, excluding section
24301 of P.L.
110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
25110-246, P.L.
110-289, excluding sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
1110-317, excluding section 9 (e) of P.L.
110-317, sections 116, 208, 211, and 301 of
2division B and sections 313 and 504 of division C of P.L.
110-343, P.L.
110-351, P.L.
3110-458, sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B
4of P.L.
111-5, P.L.
111-92, P.L.
111-147, excluding section 201 of P.L.
111-147,
5sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148,
6section 1407 of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
111-203, sections 215
7and 217 of P.L.
111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240,
8and P.L.
111-325, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
9is required to be depreciated for taxable years 1983 to 1986 under the Internal
10Revenue Code as amended to December 31, 1980, shall continue to be depreciated
11under the Internal Revenue Code as amended to December 31, 1980, and except that
12the appropriate amount shall be added or subtracted to reflect differences between
13the depreciation or adjusted basis for federal income tax purposes and the
14depreciation or adjusted basis under this chapter of any property disposed of during
15the taxable year. The Internal Revenue Code as amended to December 31, 2010,
16excluding sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171
17(d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and
181605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165
19of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of
20P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173,
21sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211,
22242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305,
231308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58,
24section 11146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as
25it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135,
1sections 101, 207, 503, and 513 of P.L.
109-222, P.L.
109-432, except sections 117,
2406, 409, 410, 412, 417, 418, 424, and 425 of division A and section 403 of division
3C of P.L.
109-432, P.L.
110-28, except sections 8215, 8231, 8232, 8234, and 8236 of
4P.L.
110-28, P.L.
110-140, sections 2, 3, and 5 of P.L.
110-142, P.L.
110-166, sections
53 (b) and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-185, P.L.
110-234, section 301
6of P.L.
110-245, P.L.
110-246, except sections 4, 15312, 15313, 15314, 15316, and
715342 of P.L.
110-246, sections 3071, 3081, and 3082 of P.L.
110-289, section 9 (e) of
8P.L.
110-317, P.L.
110-343, except sections 116, 208, 211, and 301 of division B and
9sections 313 and 504 of division C of P.L.
110-343, P.L.
111-5, except sections 1261,
101262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
111-5, section 201
11of P.L.
111-147, P.L.
111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108,
1210908, and 10909 of P.L.
111-148, P.L.
111-152, except section 1407 of P.L.
111-152,
13P.L.
111-203, except section 1601 of P.L.
111-203, P.L.
111-226, except sections 215
14and 217 of P.L.
111-226, P.L.
111-240, except sections 2014, 2043, 2111, 2112, and
152113 of P.L.
111-240, and P.L.
111-312, and as indirectly affected in the provisions
16applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
17101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
18excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
19103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
20103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
21excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
22104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
23105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
24162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
25107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
1101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
2107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
3108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
4108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
5108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
6847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, 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.
109-59, excluding section 11146 of P.L.
9109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
10sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
11(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
12503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410,
13412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
14sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142,
15excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b)
16and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
17110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
18110-289, excluding sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317,
19excluding section 9 (e) of P.L.
110-317, sections 116, 208, 211, and 301 of division B
20and sections 313 and 504 of division C of P.L.
110-343, P.L.
110-351, P.L.
110-458,
21sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
22111-5, P.L.
111-92, P.L.
111-147, excluding section 201 of P.L.
111-147, sections
231322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148, section 1407
24of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
111-203, sections 215 and 217 of
25P.L.
111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, and P.L.
1111-325, applies for Wisconsin purposes at the same time as for federal purposes,
2except that changes made by section 209 of P.L.
109-222, sections 117, 406, 409, 410,
3412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
4sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142,
5excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b)
6and 11 (b), (e), and (g) of P.L.
110-172, sections 110 and 113 of P.L.
110-245, sections
715312, 15313, 15314, and 15342 of P.L.
110-246, sections 3031, 3032, 3033, 3041,
83051, 3052, 3061, and 3092 of P.L.
110-289, P.L.
110-317, excluding section 9 (e) of
9P.L.
110-317, sections 116, 208, and 211 of division B and section 504 of division C
10of P.L.
110-343, section 14 of P.L.
111-92, sections 531, 532, and 533 of P.L.
111-147,
11sections 10908 and 10909 of P.L.
111-148, and section 2043 of P.L.
111-240 do not
12apply for taxable years beginning before January 1, 2011. Amendments to the
13Internal Revenue Code enacted after December 31, 2010, do not apply to this
14subdivision with respect to taxable years that begin after December 31, 2010.
AB40-ASA1, s. 1897r
15Section 1897r. 71.26 (4) of the statutes is renumbered 71.26 (4) (a) and
16amended to read:
AB40-ASA1,776,817
71.26
(4) (a)
A Except as provided in par. (b), a corporation, except a tax-option
18corporation or an insurer to which s. 71.45 (4) applies, may offset against its
19Wisconsin net business income any Wisconsin net business loss sustained in any of
20the next 15 preceding taxable years, if the corporation was subject to taxation under
21this chapter in the taxable year in which the loss was sustained, to the extent not
22offset by other items of Wisconsin income in the loss year and by Wisconsin net
23business income of any year between the loss year and the taxable year for which an
24offset is claimed. For purposes of this subsection Wisconsin net business income or
25loss shall consist of all the income attributable to the operation of a trade or business
1in this state, less the business expenses allowed as deductions in computing net
2income. The Wisconsin net business income or loss of corporations engaged in
3business within and without the state shall be determined under s. 71.25 (6) and (10)
4to (12). Nonapportionable losses having a Wisconsin situs under s. 71.25 (5) (b) shall
5be included in Wisconsin net business loss; and nonapportionable income having a
6Wisconsin situs under s. 71.25 (5) (b), whether taxable or exempt, shall be included
7in other items of Wisconsin income and Wisconsin net business income for purposes
8of this subsection.
AB40-ASA1,776,1310
71.26
(4) (b) A corporation that is part of a combined group under s. 71.255 may
11offset against its Wisconsin net business income any unused pre-2009 net business
12loss carry-forward under s. 71.255 (6) (bm) for the 20 taxable years that begin after
13December 31, 2011.
AB40-ASA1,776,2215
71.28
(1dd) (b) Except as provided in s. 73.03 (35), for any taxable year for
16which that person is certified under s. 560.765 (3)
, 2009 stats., and begins business
17operations in a zone under s. 560.71
, 2009 stats., after July 29, 1995, entitled under
18s. 560.795 (3) (a)
, 2009 stats., and begins business operations in a zone under s.
19560.795
, 2009 stats., after July 29, 1995, or certified under s. 560.797 (4) (a)
, 2009
20stats., for each zone for which the person is certified or entitled a person may credit
21against taxes otherwise due under this subchapter employment-related day care
22expenses, up to $1,200 for each qualifying individual.
AB40-ASA1,777,424
71.28
(1dd) (e) The credit under this subsection, as it applies to a person
25certified under s. 560.765 (3),
2009 stats., applies to a corporation that conducts
1economic activity in a zone under s. 560.795 (1)
, 2009 stats., and that is entitled to
2tax benefits under s. 560.795 (3),
2009 stats., subject to the limits under s. 560.795
3(2)
, 2009 stats. A credit under this subsection may be credited using expenses
4incurred by a claimant on July 29, 1995.
AB40-ASA1, s. 1900
5Section
1900. 71.28 (1de) (a) (intro.) of the statutes is amended to read:
AB40-ASA1,777,166
71.28
(1de) (a) (intro.) Except as provided in s. 73.03 (35), for any taxable year
7for which a person is certified under s. 560.765 (3)
, 2009 stats., and begins business
8operations in a zone under s. 560.71
, 2009 stats., after July 29, 1995, entitled under
9s. 560.795 (3) (a)
, 2009 stats., and begins business operations in a zone under s.
10560.795
, 2009 stats., after July 29, 1995, or certified under s. 560.797 (4) (a),
2009
11stats., for each zone for which the person is certified or entitled the person may claim
12as a credit against taxes otherwise due under this subchapter an amount equal to
137.5% of the amount that the person expends to remove or contain environmental
14pollution, as defined in s. 299.01 (4), in the zone or to restore soil or groundwater that
15is affected by environmental pollution, as defined in s. 299.01 (4), in the zone if the
16person fulfills all of the following requirements:
AB40-ASA1,777,2418
71.28
(1de) (a) 1. Begins the work, other than planning and investigating, for
19which the credit is claimed after the area that includes the site where the work is
20done is designated a development zone under s. 560.71,
2009 stats., a development
21opportunity zone under s. 560.795
, 2009 stats., or an enterprise development zone
22under s. 560.797
, 2009 stats., and after the claimant is certified under s. 560.765 (3)
,
232009 stats., entitled under s. 560.795 (3) (a)
, 2009 stats., or certified under s. 560.797
24(4) (a)
, 2009 stats.
AB40-ASA1,778,6
171.28
(1de) (d) The credit under this subsection, as it applies to a person
2certified under s. 560.765 (3),
2009 stats., applies to a corporation that conducts
3economic activity in a zone under s. 560.795 (1)
, 2009 stats., and that is entitled to
4tax benefits under s. 560.795 (3),
2009 stats., subject to the limits under s. 560.795
5(2)
, 2009 stats. A credit under this subsection may be credited using expenses
6incurred by a claimant on July 29, 1995.
AB40-ASA1, s. 1903
7Section
1903. 71.28 (1di) (a) (intro.) of the statutes is amended to read:
AB40-ASA1,778,148
71.28
(1di) (a) (intro.) Except as provided in pars. (dm) and (f) and s. 73.03 (35),
9for any taxable year for which the person is entitled under s. 560.795 (3)
, 2009 stats., 10to claim tax benefits, any person may claim as a credit against taxes otherwise due
11under this chapter 2.5% of the purchase price of depreciable, tangible personal
12property, or 1.75% of the purchase price of depreciable, tangible personal property
13that is expensed under section
179 of the internal revenue code for purposes of the
14taxes under this chapter, except that:
AB40-ASA1,778,2116
71.28
(1di) (a) 1. The investment must be in property that is purchased after
17the person is entitled under s. 560.795 (3)
, 2009 stats., to claim tax benefits and that
18is used for at least 50% of its use in the conduct of the person's business operations
19at a location in a development zone under subch. VI of ch. 560
, 2009 stats., or, if the
20property is mobile, the base of operations of the property for at least 50% of its use
21must be a location in a development zone.
AB40-ASA1,779,523
71.28
(1di) (b) 2. If the claimant is located on an Indian reservation, as defined
24in s. 560.86 (5),
2009 stats., and is an American Indian, as defined in s. 560.86 (1),
252009 stats., an Indian business, as defined in s. 560.86 (4),
2009 stats., or a tribal
1enterprise, as defined in s. 71.07 (2di) (b) 2., and if the allowable amount of the credit
2under this subsection exceeds the taxes otherwise due under this chapter on or
3measured by the claimant's income, the amount of the credit not used as an offset
4against those taxes shall be certified to the department of administration for
5payment to the claimant by check, share draft or other draft.
AB40-ASA1,779,237
71.28
(1di) (b) 3. Partnerships, limited liability companies and tax-option
8corporations may not claim the credit under this subsection, but the eligibility for,
9and amount of, that credit shall be determined on the basis of their economic activity,
10not that of their shareholders, partners or members. The corporation, partnership
11or limited liability company shall compute the amount of the credit that may be
12claimed by each of its shareholders, partners or members and shall provide that
13information to each of its shareholders, partners or members. Partners, members
14of limited liability companies and shareholders of tax-option corporations may claim
15the credit based on the partnership's, company's or corporation's activities in
16proportion to their ownership interest and may offset it against the tax attributable
17to their income from the partnership's, company's or corporation's business
18operations in the development zone; except that partners, members, and
19shareholders in a development zone under s. 560.795 (1) (e)
, 2009 stats., may offset
20the credit against the amount of the tax attributable to their income from all of the
21partnership's, company's, or corporation's business operations; and against the tax
22attributable to their income from the partnership's, company's or corporation's
23directly related business operations.
AB40-ASA1,780,2
171.28
(1di) (d) 1. A copy of a verification from the department of commerce that
2the claimant may claim tax benefits under s. 560.795 (3)
, 2009 stats.
AB40-ASA1,780,104
71.28
(1di) (f) If a person who is entitled under s. 560.795 (3)
, 2009 stats., to
5claim tax benefits becomes ineligible for such tax benefits, that person may claim no
6credits under this subsection for the taxable year that includes the day on which the
7person becomes ineligible for tax benefits or succeeding taxable years and that
8person may carry over no unused credits from previous years to offset tax under this
9chapter for the taxable year that includes the day on which the person becomes
10ineligible for tax benefits or succeeding taxable years.
AB40-ASA1,780,1612
71.28
(1di) (g) If a person who is entitled under s. 560.795 (3)
, 2009 stats., to
13claim tax benefits ceases business operations in the development zone during any of
14the taxable years that that zone exists, that person may not carry over to any taxable
15year following the year during which operations cease any unused credits from the
16taxable year during which operations cease or from previous taxable years.
AB40-ASA1,781,218
71.28
(1di) (i) The development zones credit under this subsection, as it applies
19to a person certified under s. 560.765 (3),
2009 stats., applies to a corporation that
20conducts economic activity in a development opportunity zone under s. 560.795 (1)
,
212009 stats., and that is entitled to tax benefits under s. 560.795 (3)
, 2009 stats.,
22subject to the limits under s. 560.795 (2)
, 2009 stats. A development opportunity
23zone credit under this paragraph may be calculated using expenses incurred by a
24claimant beginning on the effective date under s. 560.795 (2) (a)
, 2009 stats., of the
1development opportunity zone designation of the area in which the claimant
2conducts economic activity.
AB40-ASA1, s. 1911
3Section
1911. 71.28 (1dj) (am) (intro.) of the statutes is amended to read:
AB40-ASA1,781,74
71.28
(1dj) (am) (intro.) Except as provided under par. (f) or s. 73.03 (35), for
5any taxable year for which the person is certified under s. 560.765 (3)
, 2009 stats., 6for tax benefits, any person may claim as a credit against taxes otherwise due under
7this chapter an amount calculated as follows:
AB40-ASA1, s. 1912
8Section
1912. 71.28 (1dj) (am) 4. a. of the statutes is amended to read:
AB40-ASA1,781,159
71.28
(1dj) (am) 4. a. If certified under s. 560.765 (3)
, 2009 stats., for tax
10benefits before January 1, 1992, modify "qualified wages" as defined in section
51 (b)
11of the internal revenue code to exclude wages paid before the claimant is certified for
12tax benefits and to exclude wages that are paid to employees for work at any location
13that is not in a development zone under subch. VI of ch. 560
, 2009 stats. For purposes
14of this subd. 4. a., mobile employees work at their base of operations and leased or
15rented employees work at the location where they perform services.
AB40-ASA1, s. 1913
16Section
1913. 71.28 (1dj) (am) 4. b. of the statutes is amended to read:
AB40-ASA1,781,2317
71.28
(1dj) (am) 4. b. If certified under s. 560.765 (3)
, 2009 stats., for tax
18benefits after December 31, 1991, modify "qualified wages" as defined in section
51 19(b) of the internal revenue code to exclude wages paid before the claimant is certified
20for tax benefits and to exclude wages that are paid to employees for work at any
21location that is not in a development zone under subch. VI of ch. 560
, 2009 stats. For
22purposes of this subd. 4. b., mobile employees and leased or rented employees work
23at their base of operations.
AB40-ASA1, s. 1914
24Section
1914. 71.28 (1dj) (am) 4c. of the statutes is amended to read:
AB40-ASA1,782,5
171.28
(1dj) (am) 4c. Modify the rule for ineligible individuals under section
51 2(i) (1) of the internal revenue code to allow credit for the wages of related individuals
3paid by an Indian business, as defined in s. 560.86 (4),
2009 stats., or a tribal
4enterprise, as defined in s. 71.07 (2di) (b) 2., if the Indian business or tribal enterprise
5is located in a development zone designated under s. 560.71 (3) (c) 2.
, 2009 stats.
AB40-ASA1, s. 1915
6Section
1915. 71.28 (1dj) (am) 4t. of the statutes is amended to read:
AB40-ASA1,782,137
71.28
(1dj) (am) 4t. If certified under s. 560.765 (3)
, 2009 stats., for tax benefits
8before January 1, 1992, modify section
51 (i) (3) of the internal revenue code so that
9for leased or rented employees, except employees of a leasing agency certified for tax
10benefits who perform services directly for the agency in a development zone, the
11minimum employment periods apply to the time that they perform services in a
12development zone for a single lessee or renter, not to their employment by the leasing
13agency.
AB40-ASA1,782,1615
71.28
(1dj) (e) 1. A copy of the claimant's certification for tax benefits under s.
16560.765 (3)
, 2009 stats.
AB40-ASA1, s. 1917
17Section
1917. 71.28 (1dj) (e) 3. a. of the statutes is amended to read:
AB40-ASA1,782,2218
71.28
(1dj) (e) 3. a. If certified under s. 560.765 (3)
, 2009 stats., for tax benefits
19before January 1, 1992, a statement from the department of commerce verifying the
20amount of qualifying wages and verifying that the employees were hired for work
21only in a development zone or are mobile employees whose base of operations is in
22a development zone.
AB40-ASA1, s. 1918
23Section
1918. 71.28 (1dj) (e) 3. b. of the statutes is amended to read:
AB40-ASA1,783,324
71.28
(1dj) (e) 3. b. If certified under s. 560.765 (3)
, 2009 stats., for tax benefits
25after December 31, 1991, a statement from the department of commerce verifying the
1amount of qualifying wages and verifying that the employees were hired for work
2only in a development zone or are mobile employees or leased or rented employees
3whose base of operations is in a development zone.
AB40-ASA1,783,135
71.28
(1dj) (i) The development zones credit under this subsection, as it applies
6to a person certified under s. 560.765 (3),
2009 stats., applies to a corporation that
7conducts economic activity in a development opportunity zone under s. 560.795 (1)
,
82009 stats., and that is entitled to tax benefits under s. 560.795 (3),
2009 stats., 9subject to the limits under s. 560.795 (2)
, 2009 stats. A development opportunity
10zone credit under this paragraph may be calculated using expenses incurred by a
11claimant beginning on the effective date under s. 560.795 (2) (a)
, 2009 stats., of the
12development opportunity zone designation of the area in which the claimant
13conducts economic activity.
AB40-ASA1,783,2015
71.28
(1dL) (a) Except as provided in pars. (ag), (ar), (bm) and (f) and s. 73.03
16(35), for any taxable year for which the person is certified under s. 560.765 (3)
, 2009
17stats., for tax benefits, any person may claim as a credit against taxes otherwise due
18under this subchapter an amount equal to 2.5% of the amount expended by that
19person to acquire, construct, rehabilitate or repair real property in a development
20zone under subch. VI of ch. 560
, 2009 stats.
AB40-ASA1,784,622
71.28
(1dL) (ag) If the credit under par. (a) is claimed for an amount expended
23to construct, rehabilitate, remodel or repair property, the claimant must have begun
24the physical work of construction, rehabilitation, remodeling or repair, or any
25demolition or destruction in preparation for the physical work, after the place where
1the property is located was designated a development zone under s. 560.71
, 2009
2stats., and the completed project must be placed in service after the claimant is
3certified for tax benefits under s. 560.765 (3)
, 2009 stats. In this paragraph, "physical
4work" does not include preliminary activities such as planning, designing, securing
5financing, researching, developing specifications or stabilizing the property to
6prevent deterioration.
