76.69
76.69
Deduction for personal property taxes. Any domestic insurer may deduct from the license fee imposed on the insurer for any year under
s. 76.65 (1) an amount equal to one-half of the general property taxes paid for the previous year on personal property in this state which is used in the operation of its business and not held primarily for investment purposes, but no such deduction may exceed 25% of the license fee.
76.69 History
History: 1971 c. 289;
1979 c. 102 s.
26; Stats. 1979 s. 76.69.
TELEPHONE COMPANY TAX
76.80
76.80
Definitions. In this subchapter:
76.80(1)
(1) "Department" means the department of revenue.
76.80(3)
(3) "Telecommunications services" means the transmission of voice, video, facsimile or data messages, including telegraph messages, except that "telecommunications services" does not include cable television, radio, one-way radio paging or transmitting messages incidental to transient occupancy in hotels, as defined in
s. 254.61 (3).
76.80(4)
(4) "Telephone company" means any person that provides to another person telecommunications services, including the resale of services provided by another telephone company. "Telephone company" does not include a person who operates a private shared telecommunications system, as defined in
s. 196.201 (1), and who is not otherwise a telephone company.
76.80 History
History: 1995 a. 351 ss.
17,
18,
32.
76.81
76.81
Imposition. There is imposed a tax on the real property of, and the tangible personal property of, every telephone company, excluding property that is exempt from the property tax under
s. 70.11 (39) and
(39m), motor vehicles that are exempt under
s. 70.112 (5), property that is used less than 50% in the operation of a telephone company, as provided under
s. 70.112 (4) (b), and treatment plant and pollution abatement equipment that is exempt under
s. 70.11 (21) (a). Except as provided in
s. 76.815, the rate for the tax imposed on each description of real property and on each item of tangible personal property is the net rate for the prior year for the tax under
ch. 70 in the taxing jurisdictions where the description or item is located. The real and tangible personal property of a telephone company shall be assessed as provided under
s. 70.112 (4) (b).
76.815
76.815
Combined reporting. For taxes payable in 1998 and 1999, telephone companies that have more than 150,000 access lines in this state may submit a combined report of their items of personal property. Any company that does so shall pay the tax on those items at a rate that reflects the company's weighted average property tax rate based on the value and location of its real property in this state.
76.815 History
History: 1995 a. 351.
76.82
76.82
Assessment. The department, using the methods that it uses to assess property under
s. 70.995, shall assess the property that is taxable under
s. 76.81, including property that is exempt under
s. 70.11 (27) from the tax under
ch. 70, at its value as of January 1.
76.82 History
History: 1995 a. 351.
76.83
76.83
Report; payment. On or before March 1, every telephone company shall send to the department a completed form that the department prescribes. Upon written request, the department may extend the time for filing the report by no more than 30 days. The requirements for payment of taxes under
s. 76.13 (2a), as they apply to the tax under
subch. I, apply to the tax under this subchapter.
76.83 History
History: 1995 a. 351.
76.84
76.84
Administration. 76.84(1)(1) On or before October 1, the department shall notify each telephone company that is subject to the tax under
s. 76.81 of the assessed value of its property.
76.84(2)
(2) On or before November 1, the department shall notify each telephone company that is subject to the tax under
s. 76.81 of the amount of that tax.
76.84(4)
(4) Sections 76.03 (4),
76.05,
76.06,
76.075,
76.08,
76.09,
76.13 (1),
(2) and
(3),
76.14,
76.18,
76.22,
76.23,
76.25 and
76.28 (4) to
(6), as they apply to the tax under
subch. I, apply to the tax under this subchapter.
76.84 History
History: 1995 a. 351;
1997 a. 27.
TRANSITIONAL ADJUSTMENT FEE
76.90
76.90
Definitions. In this subchapter:
76.90(3)
(3) "Department" means the department of revenue.
76.90 History
History: 1995 a. 351;
1997 a. 27.
76.91(1)(1) For 1999 and 2000, there is imposed on each person that is licensed by the federal communications commission to provide commercial mobile service and on each person that, on June 6, 1996, provides basic local exchange service a transitional adjustment fee. Taxpayers shall pay the tax during May 1998, November 1998, May 1999, November 1999 and May 2000. For each month that a fee is due under this subchapter, the taxpayer shall pay to the department an amount calculated as follows:
76.91(1)(a)
(a) Determine the amount that the taxpayer would pay during that month, taking into account the reconciliation of the previous year's estimated payments, if the taxpayer were assessed the tax under s.
76.38, 1993 stats., at a rate of 5.77%.
76.91(1)(b)
(b) Subtract from the amount under
par. (a) the taxpayer's payment during that month of the tax under
subch. IV.
76.91(1m)
(1m) If the amount calculated under
sub. (1) is a negative amount and the taxpayer's annual gross revenue under s.
76.38, 1993 stats., is less than $10,000,000, the taxpayer may claim a credit against the fee imposed under this subchapter as follows:
76.91(1m)(a)
(a) For the transitional adjustment fee paid for 1999, the taxpayer may consider the negative amount calculated under
sub. (1) to be a positive amount and may claim a credit in an amount equal to 60% of the positive amount.
76.91(1m)(b)
(b) For the transitional adjustment fee paid for the year 2000, the taxpayer may consider the negative amount calculated under
sub. (1) to be a positive amount and may claim a credit in an amount equal to 40% of the positive amount.
76.91(2)
(2) If a person that is licensed by the federal communications commission to provide commercial mobile service in this state is a telephone company under s.
76.02 (9u), 1993 stats., on June 6, 1996, the calculation of the fee under this subchapter is limited to that person's activities as a provider of commercial mobile service in this state.
76.92
76.92
Report; payment. On or before March 1, every taxpayer that is subject to the fee under this subchapter shall send to the department a completed form that the department prescribes. Upon written request, the department may extend the time for filing the report by no more than 30 days.
76.92 History
History: 1995 a. 351.
76.93
76.93
Administration. 76.93(1)(1) On or before May 1, the department shall notify each taxpayer that is subject to the fee under
s. 76.91 of the amount of that fee.
76.93(2)
(2) Sections 76.03 (4),
76.04 (1),
76.05,
76.06,
76.14,
76.18,
76.22,
76.24 (1),
76.25 and
76.28 (4) to
(6), as they apply to the tax under
subch. I, apply to the fee under this subchapter.
76.93 History
History: 1995 a. 351.
