Manufacturing and Agriculture Credit - E. Manufacturing Property Assessment Questions

  1. How do I know if my property is assessed as manufacturing?

  2. Am I required to determine if my property is assessed as manufacturing on a yearly basis?

  3. When are the applications for manufacturing assessments due?

  4. Am I required to be engaged in manufacturing operations on January 1, 2013 in order to request manufacturing classification by the deadline of March 1, 2013?

  5. If I do not request manufacturing certification by March 1, can I request certification later in the year?

  6. My business moved to Wisconsin and began manufacturing products on April 30, 2015. Am I able to claim the manufacturing credit for 2015?

  7. My business began manufacturing operations in Wisconsin on July 5, 2013 and at the same time applied for manufacturing status. May I claim the manufacturing and agriculture credit?

  8. I requested manufacturing certification prior to March 1, 2015 and was informed on July 15, 2015 that my request was denied. A timely appeal was filed, and on February 3, 2016, I was granted manufacturing status for the 2015 calendar year. May I file an amended franchise/income tax return to claim the manufacturing and agriculture credit in 2015?

  9. Company A acquires Company B, an existing business qualified as a manufacturer in Wisconsin, on February 15, 2015. Since they did not have property on January 1, 2015, no property tax returns are required for Company A. Company B files its Form M-P on March 1, 2015. Company A requests manufacturing classification prior to March 1, 2015. Does Company A qualify for the Manufacturing & Agricultural Credit for 2015?


Applicable Laws and Rules

This document provides statements or interpretations of the following laws and regulations in effect as of February 18, 2020: Sections 70.05, 70.10, 70.995, 71.07, 71.28, 71.75 and 71.77, Wis. Stats., and sec. Tax 2.12, Wis. Adm. Code.

Laws enacted and in effect after February 18, 2020, new administrative rules, and court decisions may change the interpretations in this document. Guidance issued prior to February 18, 2020, that is contrary to the information in this document is superseded by this document, pursuant to sec. 73.16(2)(a), Wis.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: 100161

February 18, 2020