71.67(4)(c)2.
2. The administrator shall furnish the department of revenue with a copy of the statement that he or she furnishes to the payee under
par. (b).
71.67(5)
(5) Withholding from pari-mutuel wager winnings. 71.67(5)(a)(a) Wager winnings. A person holding a license to sponsor and manage races under
s. 562.05 (1) (b) or
(c) shall withhold from the amount of any payment of pari-mutuel winnings under
s. 562.065 (3) (a) or
(3m) (a) an amount determined by multiplying the amount of the payment by the highest rate applicable to individuals under
s. 71.06 (1) (a) to
(c) if the amount of the payment is more than $1,000.
71.67(5)(c)
(c)
Statement of winnings to payee. The licensee shall furnish to each payee whose winnings are subject to withholding under
par. (a) during the year, on or before January 31 of the succeeding year, 2 legible copies of a written statement showing the following:
71.67(5)(c)1.
1. The name of the payer and that payer's Wisconsin income tax identification number, if any.
71.67(5)(c)2.
2. The name of the payee and that payee's social security number, if any.
71.67(5)(c)3.
3. The gross amount of pari-mutuel wager winnings that are subject to withholding under
par. (a).
71.67(5)(c)4.
4. The total amount deducted and withheld as required under
par. (a).
71.67(5)(d)1.1. The payee shall furnish the department of revenue with one copy of the written statement he or she receives under
par. (c) along with his or her income or franchise return for the year.
71.67(5)(d)2.
2. The licensee shall furnish the department of revenue with a copy of the statement that he or she furnishes to the payee under
par. (c).
71.67(6)
(6) Withholding registration; fee. Each employer who is required to withhold under this chapter shall obtain a valid certificate under
s. 73.03 (50).
71.67(7)
(7) Withholding from unemployment compensation. 71.67(7)(a)(a) The department of industry, labor and job development may, in accordance with
s. 108.135, deduct and withhold from any unemployment compensation payment, on a form prepared by the department of industry, labor and job development, a portion of the payment as Wisconsin income tax. The department of industry, labor and job development shall deposit the amounts withheld, on a monthly basis, as provided in
s. 108.135 (6).
71.67(7)(b)
(b) The department of industry, labor and job development shall furnish to each claimant who receives benefits during any year, on or before January 31 of the succeeding year, at least one legible copy of a written statement showing all of the following:
71.67(7)(b)1.
1. The name of the claimant and that claimant's social security number.
71.67(7)(b)2.
2. The gross amount of unemployment compensation that is subject to withholding under
par. (a).
71.67(7)(c)1.1. If the department of revenue so requires, the claimant shall furnish the department of revenue with one copy of the written statement that he or she receives under
par. (b), along with his or her income tax return for the year.
71.67(7)(c)2.
2. The department of industry, labor and job development shall furnish the department of revenue with a copy of any statement that is furnished to the claimant under
par. (b).
INFORMATION RETURNS
71.69
71.69
Capital stock transfers. All corporations doing business in this state shall file with the department, on or before March 15 of each year on forms prescribed by the department, a statement of such transfers of its capital stock as have been made by or to residents of this state during the preceding calendar year. Such statement shall contain the name and address of the seller, date of transfer, and the number of shares of stock transferred.
71.69 History
History: 1987 a. 312.
71.70
71.70
Rents or royalties. 71.70(1)(1)
Persons other than corporations. Persons other than corporations deducting rent or royalties in determining taxable income shall inform the department of the amounts and of the name and address of all natural persons who are residents of this state and to whom royalties of $600 or more were paid during the taxable year; and of the amounts and of the name and address of all natural persons to whom rent of $600 or more is paid during the taxable year for property having a situs in this state. Such information shall be filed at the time of filing the income tax return on which such payments are deducted or at such other time as the department prescribes.