SB45,834,217
70.64
(9) Testimony. The
tax appeals commission department may take
18testimony
under subs. (6) and (7). Witnesses summoned
at the instance of said
19commission by the department shall be compensated at the rates provided by law for
20witnesses in courts of record, the same to be audited and paid the same as other
21claims against the state, upon the certificate of
said commission. If any property
22owner or other the department. Any person
makes any false statement who testifies
23falsely to
said commission the department or to any person employed by
it upon the
24department about any matter under investigation
that person under this section
1shall be subject to all the forfeitures and penalties imposed
by law for false
2statements to assessors and boards of review under s. 70.36.
SB45, s. 1669
3Section
1669. 70.64 (10) of the statutes is amended to read:
SB45,834,174
70.64
(10) Determination. The
tax appeals commission department shall
5make
its a determination upon
such an appeal without unreasonable delay and shall
6file a copy
thereof of its determination in the office of the county clerk and mail by
7certified mail a
like copy
to the department of revenue and of its determination to the
8clerk and attorney of the taxation district appealing, and a copy to the clerk and
9attorney of each taxation district
having that appeared
at the hearing of the appeal.
10In
such its determination the
commission department shall set forth the relative
11value of the taxable general property in each
town, city and village municipality of
12such the county
as found by them, and
what the sum, if any,
that shall be added to
13or deducted from the aggregate value of taxable property in each
such taxation
14district
as fixed in the determination of the department of revenue from which such
15appeal was taken in order to produce a relatively just and equitable taxation district
16assessment.
Such determination shall be final A determination by the department
17under this section may be appealed to the tax appeals commission under s. 73.01 (5).
SB45, s. 1670
18Section
1670. 70.64 (11) of the statutes is amended to read:
SB45,835,1519
70.64
(11) Computation. The
department's determination
of the commission 20under sub. (10) shall not affect the validity of taxes apportioned
in accordance with 21according to the
appealed taxation district assessment
from which such appeal was
22taken; but if it is determined. If the department determines upon
such appeal that
23such a taxation district assessment is relatively unequal,
such inequality shall be
24remedied and compensated the department shall remedy the inequality in the
25apportionment of state and county taxes in
such the county
of the taxation district
1in the next
apportionment following the
department's determination
of said
2commission in the following manner: under sub. (10). Each
town, city and village 3whose municipality where the department determined that a valuation in
such a 4taxation district assessment was
determined by said commission to be relatively too
5high shall be credited a sum equal to the amount of taxes charged to it
upon such 6based on the unequal assessment in excess of the amount
equitably chargeable
7thereto of taxes charged to it according to the
department's determination
of the
8commission; and each town, city and village whose under sub. (10). Each
9municipality where the department determined that a valuation in
such a taxation
10district assessment was
determined by said commission to be relatively too low shall
11be charged, in addition to all other taxes, a sum equal to the difference between the
12amount
of taxes charged
thereto upon such to it based on the unequal assessment
13and the amount
which should have been of taxes charged
thereto to it according to
14the
department's determination
of the commission under sub. (10). The department
15of revenue shall aid the county clerk in making
the proper computations.
SB45, s. 1671
16Section
1671. 70.64 (12) of the statutes is amended to read:
SB45,836,2117
70.64
(12) Expenses. The
tax appeals commission department shall transmit
18to the county clerk
of the county where an appeal under this section originated, with
19its determination
on such appeal under sub. (10), a statement of all expenses
20incurred
therein by
or at the instance of the commission, which the department to
21hear and investigate an appeal under this section. The statement shall include the
22actual expenses of the
commission department and
of the regular employes of the
23commission department, the compensation and actual expenses of all other persons
24employed by
it the department under sub. (7) and the fees of officers employed and
25witnesses summoned
at its instance. A by the department. The department shall
1file a duplicate of
such the statement
shall be filed in the office of submitted under
2this subsection with the department of administration.
Such The expenses
3contained in a statement under this subsection shall be audited upon the certificate
4of the
commission department of revenue, and paid out of the state treasury, in the
5first instance, as other claims against the state are audited and paid. The amount
6of
such the expenses shall be a special charge against
such the county
where an
7appeal under this section originated and shall be included in the next apportionment
8and certification of state taxes and charges, and collected from
such the county
, as
9other special charges are certified and collected. Unless otherwise directed by the
10commission department of revenue in its determination upon
such appeal, the
11county clerk, in the next apportionment of state and county taxes, shall apportion the
12amount of
such special charges to
and among the towns, cities and villages in such 13the municipalities in the county
whose where relative valuations were increased in
14the
department of revenue's determination
of the commission under sub. (10) in
15proportion to the amount of
such the increase in each of them respectively. The
16apportionment of
such expenses
included in the statement under this subsection 17shall be set forth in the
department of revenue's determination
of the commission 18under sub. (10). The amount
so
of expenses apportioned to each
such town, city and
19village municipality shall be charged upon its tax roll and shall be collected and paid
20over to the county treasurer as other state taxes and special charges are collected and
21paid.
SB45, s. 1672
22Section
1672. 70.75 (6) of the statutes is created to read:
SB45,836,2423
70.75
(6) Review. Review of the reassessments of the department under this
24section shall be by appeal to the tax appeals commission under s. 73.01 (5).
SB45, s. 1673
25Section
1673. 70.85 (4) (c) of the statutes is amended to read:
SB45,837,3
170.85
(4) (c) Appeal of the determination of the department of revenue shall be
2by an
action for certiorari in the circuit court of the county in which the property is
3located appeal to the tax appeals commission under s. 73.01 (5).
SB45, s. 1674
4Section
1674. 71.01 (16) of the statutes is amended to read:
SB45,837,135
71.01
(16) "Wisconsin taxable income" of natural persons means Wisconsin
6adjusted gross income less the Wisconsin standard deduction,
less the personal
7exemption described under s. 71.05 (23), with losses, depreciation, recapture of
8benefits, offsets, depletion, deductions, penalties, expenses and other negative
9income items determined according to the manner that income is or would be
10allocated, except that the negative income items on individual or separate returns
11for net rents and other net returns which are marital property attributable to the
12investment, rental, licensing or other use of nonmarital property shall be allocated
13to the owner of the property.
SB45, s. 1675
14Section
1675. 71.04 (4) of the statutes is amended to read:
SB45,838,1015
71.04
(4) Nonresident allocation and apportionment formula. Nonresident
16individuals and nonresident estates and trusts engaged in business within and
17without the state shall be taxed only on such income as is derived from business
18transacted and property located within the state. The amount of such income
19attributable to Wisconsin may be determined by an allocation and separate
20accounting thereof, when the business of such nonresident individual or nonresident
21estate or trust within the state is not an integral part of a unitary business, but the
22department of revenue may permit an allocation and separate accounting in any case
23in which it is satisfied that the use of such method will properly reflect the income
24taxable by this state. In all cases in which allocation and separate accounting is not
25permissible, the determination shall be made in the following manner: for all
1businesses except financial organizations, public utilities, railroads, sleeping car
2companies and car line companies there shall first be deducted from the total net
3income of the taxpayer the part thereof (less related expenses, if any) that follows the
4situs of the property or the residence of the recipient.
The For taxable years
5beginning before January 1, 2000, the remaining net income shall be apportioned to
6Wisconsin this state by use of an apportionment fraction composed of a sales factor
7representing 50% of the fraction, a property factor representing 25% of the fraction
8and a payroll factor representing 25% of the fraction.
For taxable years beginning
9on or after January 1, 2000, the remaining net income shall be apportioned to this
10state by use of an apportionment fraction composed of the sales factor under sub. (7).
SB45, s. 1676
11Section
1676. 71.04 (5) (intro.) of the statutes is amended to read:
SB45,838,1312
71.04
(5) Property factor. (intro.) For purposes of sub. (4)
and for taxable
13years beginning before January 1, 2000:
SB45, s. 1677
14Section
1677. 71.04 (6) (intro.) of the statutes is amended to read:
SB45,838,1615
71.04
(6) Payroll factor. (intro.) For purposes of sub. (4)
and for taxable years
16beginning before January 1, 2000:
SB45, s. 1678
17Section
1678. 71.04 (7) (d) of the statutes is amended to read:
SB45,839,218
71.04
(7) (d) Sales, other than sales of tangible personal property, are in this
19state if the income-producing activity is performed in this state. If the
20income-producing activity is performed both in and outside this state the sales shall
21be divided between those states having jurisdiction to tax such business in
22proportion to the direct costs of performance incurred in each such state in rendering
23this service. Services performed in states which do not have jurisdiction to tax the
24business shall be deemed to have been performed in the state to which compensation
1is allocated by sub. (6).
This paragraph does not apply to taxable years beginning
2after December 31, 1999.
SB45, s. 1679
3Section
1679. 71.04 (7) (dc) of the statutes is created to read:
SB45,839,74
71.04
(7) (dc) For taxable years beginning after December 31, 1999, sales,
5rents, royalties, and other income from real property, and the receipts from the lease
6or rental of tangible personal property, are attributed to the state in which the
7property is located.
SB45, s. 1680
8Section
1680. 71.04 (7) (dg) of the statutes is created to read:
SB45,839,139
71.04
(7) (dg) For taxable years beginning after December 31, 1999, receipts
10from the lease or rental of moving property including but not limited to motor
11vehicles, rolling stock, aircraft, vessels, or mobile equipment are included in the
12numerator of the sales factor under par. (a) to the extent that the property is used
13in this state. The use of moving property in this state is determined as follows:
SB45,839,1514
1. A motor vehicle is used in this state if it is registered in this state and used
15wholly in this state.
SB45,839,1916
2. The use of rolling stock in this state is determined by multiplying the receipts
17from the lease or rental of the rolling stock by a fraction having as a numerator the
18miles traveled within this state by the leased or rented rolling stock and having as
19a denominator the total miles traveled by the leased or rented rolling stock.
SB45,839,2320
3. The use of an aircraft in this state is determined by multiplying the receipts
21from the lease or rental of the aircraft by a fraction having as a numerator the
22number of landings of the aircraft in this state and having as a denominator the total
23number of landings anywhere of the aircraft.
SB45,840,424
4. The use of a vessel, mobile equipment or other mobile property in this state
25is determined by multiplying the receipts from the lease or rental of the property by
1a fraction having as a numerator the number of days in the taxable year that the
2vessel, mobile equipment or other mobile property was in this state and having as
3a denominator the number of days in the taxable year that the vessel, mobile
4equipment or other mobile property was rented or leased.
SB45, s. 1681
5Section
1681. 71.04 (7) (dn) of the statutes is created to read:
SB45,840,176
71.04
(7) (dn) 1. For taxable years beginning after December 31, 1999, royalties
7and other income received for the use of intangible property are attributed to the
8state where the purchaser uses the intangible property. If intangible property is used
9in more than one state, the royalties and other income received for the use of the
10intangible property shall be apportioned to this state according to the portion of the
11intangible property's use in this state. If the portion of intangible property's use in
12this state cannot be determined, the royalties and other income received for the use
13of the intangible property shall be excluded from the numerator and the denominator
14of the sales factor under par. (a). Intangible property is used in this state if a
15purchaser uses the intangible property or uses the rights to intangible property in
16the regular course of the purchaser's business in this state, regardless of where the
17purchaser's customers are located.
SB45,841,218
2. For taxable years beginning after December 31, 1999, sales of intangible
19property are attributed to the state where a purchaser uses the intangible property.
20If intangible property is used in more than one state, the sales of the intangible
21property shall be apportioned to this state according to the portion of the intangible
22property's use in this state. If the portion of intangible property's use in this state
23cannot be determined, the sales of the intangible property shall be excluded from the
24numerator and the denominator of the sales factor under par. (a). Intangible
25property is used in this state if a purchaser uses the intangible property in the
1regular course of the purchaser's business in this state, regardless of where the
2purchaser's customers are located.
SB45, s. 1682
3Section
1682. 71.04 (7) (dr) of the statutes is created to read:
SB45,841,144
71.04
(7) (dr) For taxable years beginning after December 31, 1999, receipts
5from the performance of services are attributed to the state where the purchaser
6received the benefit of the services. If a purchaser receives the benefit of a service
7in more than one state, the receipts from the performance of the service are included
8in the numerator of the sales factor under par. (a) according to the portion of the
9benefit of the service received in this state. If the state where a purchaser received
10the benefit of a service cannot be determined, the benefit of a service is received in
11the state where the purchaser, in the regular course of the purchaser's business,
12ordered the service. If the state where a purchaser ordered a service cannot be
13determined, the benefit of the service is received in the state where the purchaser,
14in the regular course of the purchaser's business, receives a bill for the service.
SB45, s. 1683
15Section
1683. 71.05 (1) (c) 2. of the statutes is amended to read:
SB45,841,1716
71.05
(1) (c) 2. The Wisconsin housing and economic development authority, if
17the bonds are to fund a loan under s. 234.935
, 1997 stats.
SB45, s. 1684
18Section
1684. 71.05 (6) (a) 12. of the statutes is amended to read:
SB45,842,2219
71.05
(6) (a) 12.
All alimony deducted for federal income tax purposes and paid
20while the individual paying the alimony was a nonresident of this state; all All 21penalties for early withdrawals from time savings accounts and deposits deducted
22for federal income tax purposes and paid while the individual charged with the
23penalty was a nonresident of this state;
all repayments of supplemental
24unemployment benefit plan payments deducted for federal income tax purposes and
25made while the individual making the repayment was a nonresident of this state; all
1reforestation expenses related to property not in this state, deducted for federal
2income tax purposes and paid while the individual paying the expense was not a
3resident of this state; all contributions to individual retirement accounts, simplified
4employe pension plans and self-employment retirement plans and all deductible
5employe contributions, deducted for federal income tax purposes and in excess of that
6amount multiplied by a fraction the numerator of which is the individual's wages and
7net earnings from a trade or business taxable by this state and the denominator of
8which is the individual's total wages and net earnings from a trade or business; the
9contributions to a Keogh plan deducted for federal income tax purposes and in excess
10of that amount multiplied by a fraction the numerator of which is the individual's net
11earnings from a trade or business, taxable by this state, and the denominator of
12which is the individual's total net earnings from a trade or business; the amount of
13health insurance costs of self-employed individuals deducted under section
162 (L)
14of the internal revenue code for federal income tax purposes and in excess of that
15amount multiplied by a fraction the numerator of which is the individual's net
16earnings from a trade or business, taxable by this state, and the denominator of
17which is the individual's total net earnings from a trade or business; and the amount
18of self-employment taxes deducted under section
164 (f) of the internal revenue code
19for federal income tax purposes and in excess of that amount multiplied by a fraction
20the numerator of which is the individual's net earnings from a trade or business,
21taxable by this state, and the denominator of which is the individual's total net
22earnings from a trade or a business.
SB45, s. 1685
23Section
1685. 71.05 (6) (b) 21. of the statutes is repealed.
SB45, s. 1686
24Section
1686. 71.05 (6) (b) 23. of the statutes is amended to read:
SB45,843,2
171.05
(6) (b) 23. Any increase in value of a tuition unit that is purchased under
2a tuition contract under s.
16.24 14.63.
SB45, s. 1687
3Section
1687. 71.05 (6) (b) 28. e. of the statutes is amended to read:
SB45,843,154
71.05
(6) (b) 28. e. For an individual who is a nonresident or part-year resident
5of this state, multiply the amount calculated under subd. 28.
a., b., c. or d. by a
6fraction the numerator of which is the individual's wages, salary, tips, unearned
7income and net earnings from a trade or business that are taxable by this state and
8the denominator of which is the individual's total wages, salary, tips, unearned
9income and net earnings from a trade or business. In this subd. 28. e., for married
10persons filing separately "wages, salary, tips, unearned income and net earnings
11from a trade or business" means the separate wages, salary, tips, unearned income
12and net earnings from a trade or business of each spouse, and for married persons
13filing jointly "wages, salary, tips, unearned income and net earnings from a trade or
14business" means the total wages, salary, tips, unearned income and net earnings
15from a trade or business of both spouses.
SB45, s. 1688
16Section
1688. 71.05 (6) (b) 28. f. of the statutes is amended to read:
SB45,843,1917
71.05
(6) (b) 28. f. Reduce the amount calculated under subd. 28.
a., b., c., d. or 18e. to the individual's aggregate wages, salary, tips, unearned income and net
19earnings from a trade or business that are taxable by this state.
SB45, s. 1689
20Section
1689. 71.05 (22) (dm) of the statutes is amended to read:
SB45,845,421
71.05
(22) (dm)
Deduction limits; 1994
and thereafter to 1999. Except as
22provided in par. (f), for taxable years beginning
on or after January 1, 1994 after
23December 31, 1993, and before January 1, 2000, the Wisconsin standard deduction
24is whichever of the following amounts is appropriate. For a single individual who has
25a Wisconsin adjusted gross income of less than $7,500, the standard deduction is
1$5,200. For a single individual who has a Wisconsin adjusted gross income of at least
2$7,500 but not more than $50,830, the standard deduction is the amount obtained
3by subtracting from $5,200 12% of Wisconsin adjusted gross income in excess of
4$7,500 but not less than $0. For a single individual who has a Wisconsin adjusted
5gross income of more than $50,830, the standard deduction is $0. For a head of
6household who has a Wisconsin adjusted gross income of less than $7,500, the
7standard deduction is $7,040. For a head of household who has a Wisconsin adjusted
8gross income of at least $7,500 but not more than $25,000, the standard deduction
9is the amount obtained by subtracting from $7,040 22.515% of Wisconsin adjusted
10gross income in excess of $7,500 but not less than $0. For a head of household who
11has a Wisconsin adjusted gross income of more than $25,000, the standard deduction
12shall be calculated as if the head of household were a single individual. For a married
13couple filing jointly that has an aggregate Wisconsin adjusted gross income of less
14than $10,000, the standard deduction is $8,900. For a married couple filing jointly
15that has an aggregate Wisconsin adjusted gross income of at least $10,000 but not
16more than $55,000, the standard deduction is the amount obtained by subtracting
17from $8,900 19.778% of aggregate Wisconsin adjusted gross income in excess of
18$10,000 but not less than $0. For a married couple filing jointly that has an aggregate
19Wisconsin adjusted gross income of more than $55,000, the standard deduction is $0.
20For a married individual filing separately who has a Wisconsin adjusted gross
21income of less than $4,750, the standard deduction is $4,230. For a married
22individual filing separately who has a Wisconsin adjusted gross income of at least
23$4,750 but not more than $26,140, the standard deduction is the amount obtained
24by subtracting from $4,230 19.778% of Wisconsin adjusted gross income in excess of
25$4,750 but not less than $0. For a married individual filing separately who has a
1Wisconsin adjusted gross income of more than $26,140, the standard deduction is $0.
2The secretary of revenue shall prepare a table under which deductions under this
3paragraph shall be determined. That table shall be published in the department's
4instructional booklets.
SB45, s. 1690
5Section
1690. 71.05 (22) (dp) of the statutes is created to read:
SB45,846,136
71.05
(22) (dp)
Deduction limits, 2000 and thereafter. Except as provided in
7par. (f), for taxable years beginning after December 31, 1999, the Wisconsin standard
8deduction is whichever of the following amounts is appropriate. For a single
9individual who has a Wisconsin adjusted gross income of less than $10,380, the
10standard deduction is $7,200. For a single individual who has a Wisconsin adjusted
11gross income of at least $10,380 but not more than $70,380, the standard deduction
12is the amount obtained by subtracting from $7,200 12% of Wisconsin adjusted gross
13income in excess of $10,380 but not less than $0. For a single individual who has a
14Wisconsin adjusted gross income of more than $70,380, the standard deduction is $0.
15For a head of household who has a Wisconsin adjusted gross income of less than
16$10,380, the standard deduction is $9,300. For a head of household who has a
17Wisconsin adjusted gross income of at least $10,380 but not more than $30,350, the
18standard deduction is the amount obtained by subtracting from $9,300 22.515% of
19Wisconsin adjusted gross income in excess of $10,380 but not less than $0. For a head
20of household who has a Wisconsin adjusted gross income of more than $30,350, the
21standard deduction shall be calculated as if the head of household were a single
22individual. For a married couple filing jointly that has an aggregate Wisconsin
23adjusted gross income of less than $14,570, the standard deduction is $12,970. For
24a married couple filing jointly that has an aggregate Wisconsin adjusted gross
25income of at least $14,570 but not more than $80,150, the standard deduction is the
1amount obtained by subtracting from $12,970 19.778% of aggregate Wisconsin
2adjusted gross income in excess of $14,570 but not less than $0. For a married couple
3filing jointly that has an aggregate Wisconsin adjusted gross income of more than
4$80,150, the standard deduction is $0. For a married individual filing separately
5who has a Wisconsin adjusted gross income of less than $6,920, the standard
6deduction is $6,160. For a married individual filing separately who has a Wisconsin
7adjusted gross income of at least $6,920 but not more than $38,070, the standard
8deduction is the amount obtained by subtracting from $6,160 19.778% of Wisconsin
9adjusted gross income in excess of $6,920 but not less than $0. For a married
10individual filing separately who has a Wisconsin adjusted gross income of more than
11$38,070, the standard deduction is $0. The secretary of revenue shall prepare a table
12under which deductions under this paragraph shall be determined. That table shall
13be published in the department's instructional booklets.
SB45, s. 1691
14Section
1691. 71.05 (22) (ds) of the statutes is amended to read:
SB45,847,415
71.05
(22) (ds)
Standard deduction indexing. For taxable years beginning after
16December 31, 1998
, and before January 1, 2000, and for taxable years beginning
17after December 31, 2000, the dollar amounts of the standard deduction that is
18allowable under
par. pars. (dm)
and (dp) and all of the dollar amounts of Wisconsin
19adjusted gross income under
par. pars. (dm)
and (dp) shall be increased each year by
20a percentage equal to the percentage change between the U.S. consumer price index
21for all urban consumers, U.S. city average, for the month of August of the previous
22year and the U.S. consumer price index for all urban consumers, U.S. city average,
23for the month of August of the year before the previous year, as determined by the
24federal department of labor. Each amount that is revised under this paragraph shall
25be rounded to the nearest multiple of $10 if the revised amount is not a multiple of
1$10 or, if the revised amount is a multiple of $5, such an amount shall be increased
2to the next higher multiple of $10. The department of revenue shall annually adjust
3the changes in dollar amounts required under this paragraph and incorporate the
4changes into the income tax forms and instructions.
SB45, s. 1692
5Section
1692. 71.05 (22) (f) 4. b. of the statutes is amended to read:
SB45,847,76
71.05
(22) (f) 4. b. The standard deduction that may be claimed by an individual
7under par. (dm)
or (dp), based on the individual's filing status.
SB45, s. 1693
8Section
1693. 71.05 (23) of the statutes is created to read:
SB45,847,109
71.05
(23) Personal exemptions. In computing Wisconsin taxable income, an
10individual taxpayer may subtract the following amounts:
SB45,847,1211
(a) For taxable years that begin after December 31, 1999, and before January
121, 2001:
SB45,847,1513
1. A personal exemption of $600 if the taxpayer is required to file a return under
14s. 71.03 (2) (a) 1. or 2. and $600 for the taxpayer's spouse, except if the spouse is filing
15separately or as a head of household.
SB45,847,1816
2. An exemption of $600 for each individual for whom the taxpayer is entitled
17to an exemption for the taxable year under section
151 (c) of the Internal Revenue
18Code.
SB45,847,2319
3. An additional exemption of $200 if the taxpayer has reached the age of 65
20before the close of the taxable year to which his or her tax return relates and $200
21for the taxpayer's spouse if he or she has reached the age of 65 before the close of the
22taxable year to which his or her tax return relates, except if the spouse is filing
23separately or as a head of household.
SB45,847,2424
(b) For taxable years that begin after December 31, 2000:
SB45,848,3
11. A personal exemption of $700 if the taxpayer is required to file a return under
2s. 71.03 (2) (a) 1. or 2. and $700 for the taxpayer's spouse, except if the spouse is filing
3separately or as a head of household.
SB45,848,64
2. An exemption of $700 for each individual for whom the taxpayer is entitled
5to an exemption for the taxable year under section
151 (c) of the Internal Revenue
6Code.
SB45,848,117
3. An additional exemption of $250 if the taxpayer has reached the age of 65
8before the close of the taxable year to which his or her tax return relates and $250
9for the taxpayer's spouse if he or she has reached the age of 65 before the close of the
10taxable year to which his or her tax return relates, except if the spouse is filing
11separately or as a head of household.
SB45,848,2412
(c) With respect to persons who change their domicile into or from this state
13during the taxable year and nonresident persons, personal exemptions under pars.
14(a) and (b) shall be limited to the fraction of the amount so determined that Wisconsin
15adjusted gross income is of federal adjusted gross income. In this paragraph, for
16married persons filing separately "adjusted gross income" means the separate
17adjusted gross income of each spouse and for married persons filing jointly "adjusted
18gross income" means the total adjusted gross income of both spouses. If a person and
19that person's spouse are not both domiciled in this state during the entire taxable
20year, their personal exemptions on a joint return are determined by multiplying the
21personal exemption that would be available to each of them if they were both
22domiciled in this state during the entire taxable year by a fraction the numerator of
23which is their joint Wisconsin adjusted gross income and the denominator of which
24is their joint federal adjusted gross income.
SB45, s. 1694
25Section
1694. 71.06 (1m) (intro.) of the statutes is amended to read:
SB45,849,6
171.06
(1m) Fiduciaries, single individuals and heads of households; after
21997 to 1999. (intro.) The tax to be assessed, levied and collected upon the taxable
3incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or
4reserve funds, and single individuals and heads of households shall be computed at
5the following rates for taxable years beginning after December 31, 1997
, and before
6January 1, 2000:
SB45, s. 1695
7Section
1695. 71.06 (1n) of the statutes is created to read:
SB45,849,128
71.06
(1n) Fiduciaries, single individuals and heads of households; 2000. The
9tax to be assessed, levied and collected upon the taxable incomes of all fiduciaries,
10except fiduciaries of nuclear decommissioning trust or reserve funds, and single
11individuals and heads of households shall be computed at the following rates for
12taxable years beginning after December 31, 1999, and before January 1, 2001:
SB45,849,1313
(a) On all taxable income from $0 to $7,500, 4.73%.
SB45,849,1414
(b) On all taxable income exceeding $7,500 but not exceeding $15,000, 6.33%.
SB45,849,1515
(c) On all taxable income exceeding $15,000 but not exceeding $112,500, 6.55%.
SB45,849,1616
(d) On all taxable income exceeding $112,500, 6.75%.
SB45, s. 1696
17Section
1696. 71.06 (1p) of the statutes is created to read:
SB45,849,2218
71.06
(1p) Fiduciaries, single individuals and heads of households; after
192000. The tax to be assessed, levied and collected upon the taxable incomes of all
20fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
21single individuals and heads of households shall be computed at the following rates
22for taxable years beginning after December 31, 2000:
SB45,849,2323
(a) On all taxable income from $0 to $7,500, 4.6%.
SB45,849,2424
(b) On all taxable income exceeding $7,500 but not exceeding $15,000, 6.15%.
SB45,849,2525
(c) On all taxable income exceeding $15,000 but not exceeding $112,500, 6.5%.
SB45,850,1
1(d) On all taxable income exceeding $112,500, 6.75%.
SB45, s. 1697
2Section
1697. 71.06 (2) (c) (intro.) of the statutes is amended to read:
SB45,850,43
71.06
(2) (c) (intro.) For joint returns, for taxable years beginning after
4December 31, 1997
, and before January 1, 2000:
SB45, s. 1698
5Section
1698. 71.06 (2) (d) (intro.) of the statutes is amended to read:
SB45,850,76
71.06
(2) (d) (intro.) For married persons filing separately, for taxable years
7beginning after December 31, 1997
, and before January 1, 2000:
SB45, s. 1699
8Section
1699. 71.06 (2) (e) of the statutes is created to read:
SB45,850,109
71.06
(2) (e) For joint returns, for taxable years beginning after December 31,
101999, and before January 1, 2001:
SB45,850,1111
1. On all taxable income from $0 to $10,000, 4.73%.
SB45,850,1212
2. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.33%.
SB45,850,1313
3. On all taxable income exceeding $20,000 but not exceeding $150,000, 6.55%.
SB45,850,1414
4. On all taxable income exceeding $150,000, 6.75%.
SB45, s. 1700
15Section
1700. 71.06 (2) (f) of the statutes is created to read: