77.94(2)(a)1.
1. "Begins to do business" includes but is not limited to a change in corporate form and the occurrence of any event that creates a short taxable year for purposes of the taxes under
ch. 71.
77.94(2)(a)2.
2. "Ceases to do business" includes but is not limited to a change in corporate form and the occurrence of any event that creates a short taxable year for purposes of the taxes under
ch. 71.
77.94(2)(b)
(b) If an entity begins to do business in this state after the beginning of its taxable year or ceases to do business in this state before the end of its taxable year, subject to the maximum and minimum surcharge, the surcharge imposed on it under
s. 77.93 is calculated as follows:
77.94(2)(b)1.
1. Multiply its gross tax liability for the taxable year by a fraction the numerator of which is 365 and, if the entity begins to do business in this state after the beginning of its taxable year, the denominator of which is the number of days from the day that it begins to do business in this state until the end of its taxable year and, if the entity ceases to do business in this state before the end of its taxable year, the denominator of which is the number of days from the beginning of its taxable year until the day that it ceases to do business in this state and, if the entity both begins to do business in this state after the beginning of its taxable year and ceases to do business in this state before the end of its taxable year, the denominator of which is the number of days from the day that it begins to do business in this state to the day that it ceases to do business in this state.
77.94(2)(b)2.
2. Determine the surcharge that would be imposed under
sub. (1) on the amount calculated under
subd. 1.
77.94 Cross-reference
Cross-reference: See also s.
Tax 2.32, Wis. adm. code.
77.96
77.96
Administration. 77.96(1)(1) An entity's taxable year for the surcharge under this subchapter is the same as the entity's taxable year for the taxes under
ch. 71.
77.96(2)
(2) The surcharge under this subchapter is due on the date on which the entity's return under
ch. 71 is due without regard to any extension.
77.96(3)
(3) The department of revenue shall levy, enforce and collect the surcharge under this subchapter.
77.96(4)
(4) Sections 71.74 (1) to
(3),
(6),
(7) and
(9) to
(15),
71.75 (1),
(2),
(4),
(5) and
(6) to
(10),
71.76,
71.77,
71.78 (1) to
(8),
71.80 (1) (a) to
(d),
(3),
(3m),
(6),
(8) to
(12),
(14) and
(18),
71.87,
71.88,
71.89,
71.90,
71.91 and
71.93, as they apply to the taxes under
ch. 71, apply to the surcharge under this subchapter.
77.96(5)
(5) Each person subject to a surcharge under
s. 77.93 shall, on or before the due date, including extensions, for filing under
ch. 71, file an accurate statement of its gross tax liability. Payments made after the due date under
sub. (2) and on or before the due date under this subsection are not delinquent but are subject to interest at the rate of 12% per year.
77.96(5m)
(5m) Persons who owe amounts under this subchapter shall mail or deliver those amounts to the department of revenue or, if that department prescribes another method of submitting or another destination, those persons shall use that other method or submit those amounts to that other destination.
77.96(6)
(6) The department of revenue shall refer to the surcharge under this subchapter as the economic development surcharge.
77.97
77.97
Use of revenue. The department of revenue shall deposit the surcharge, interest and penalties collected under this subchapter in the economic development fund under
s. 25.49.
LOCAL FOOD AND BEVERAGE TAX
77.98(1)(1) A local exposition district under
subch. II of ch. 229 may impose a tax on the retail sale, except sales for resale, within the district's jurisdiction under
s. 229.43 of all of the following:
77.98(1)(a)
(a) Alcoholic beverages, as defined in
s. 77.51 (1b), if the alcoholic beverages are for consumption on the seller's premises.