Manufacturing and Agriculture Credit - I. Credit as Income

This is a proposed guidance document. The document has been submitted to the Legislative Reference Bureau for publication in the Administrative Register for public comment as provided by sec. 227.112(1), Wis. Stats.


Applicable Laws and Rules

This document provides statements or interpretations of the following laws and regulations in effect as of December 27, 2019: Sections 71.05, 71.07, 71.21, 71.26, 71.28 and 71.34, Wis. Stats., and 26 U.S. CFR § 1.199-1.

Laws enacted and in effect after December 27, 2019, new administrative rules, and court decisions may change the interpretations in this document. Guidance issued prior to December 27, 2019, that is contrary to the information in this document is superseded by this document, pursuant to sec. 73.16(2)(a), Wis. Stats.

FOR QUESTIONS OR COMMENTS CONTACT:

WISCONSIN DEPARTMENT OF REVENUE
Corporation Franchise/Income Tax Assistance
PO Box 8906
Madison, WI 53708-8906
Phone: (608) 266-2772
Fax: (608) 267-0834
Email additional questions to DORFranchise@wisconsin.gov

Guidance Document Number: 100164

December 27, 2019