SB44-SSA1,636,57
71.26
(2) (b) 10. For taxable years that begin after December 31, 1994, and
8before January 1, 1996, for a corporation, conduit or common law trust which
9qualifies as a regulated investment company, real estate mortgage investment
10conduit or real estate investment trust under the Internal Revenue Code as amended
11to December 31, 1994, excluding sections 103, 104, and 110 of P.L.
102-227 and
12sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, and as
13amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311, and 1605
14of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
15and P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L.
16107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as
17indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
18100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
19101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
20102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2113174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
22104-7, P.L.
104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188,
23P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
24106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
25excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, "net income"
1means the federal regulated investment company taxable income, federal real estate
2mortgage investment conduit taxable income or federal real estate investment trust
3taxable income of the corporation, conduit or trust as determined under the Internal
4Revenue Code as amended to December 31, 1994, excluding sections 103, 104, and
5110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d)
6of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202,
71204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
8105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
9106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
10and P.L. 107-181, and as indirectly affected in the provisions applicable to this
11subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
12P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
13and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
15103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204,
161311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
17105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
18106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
19and P.L. 107-181, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
20is required to be depreciated for taxable years 1983 to 1986 under the Internal
21Revenue Code as amended to December 31, 1980, shall continue to be depreciated
22under the Internal Revenue Code as amended to December 31, 1980, and except that
23the appropriate amount shall be added or subtracted to reflect differences between
24the depreciation or adjusted basis for federal income tax purposes and the
25depreciation or adjusted basis under this chapter of any property disposed of during
1the taxable year. The Internal Revenue Code as amended to December 31, 1994,
2excluding sections 103, 104, and 110 of P.L.
102-227 and sections 13113, 13150 (d),
313171 (d), 13174, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
4104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
5104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
6excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
7excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly
8affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
9P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
10P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
11102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1213203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
13104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
14104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
15excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
16excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, applies for
17Wisconsin purposes at the same time as for federal purposes. Amendments to the
18Internal Revenue Code enacted after December 31, 1994, do not apply to this
19subdivision with respect to taxable years that begin after December 31, 1994, and
20before January 1, 1996, except that changes made by P.L.
104-7, P.L.
104-188,
21excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
22104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding
23sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections
24101 and 406 of P.L. 107-147, and P.L. 107-181, and changes that indirectly affect the
25provisions applicable to this subchapter made by P.L.
104-7, P.L.
104-188, excluding
1sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
2105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and
3165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of
4P.L. 107-147, and P.L. 107-181, apply for Wisconsin purposes at the same time as
5for federal purposes.
SB44-SSA1,639,67
71.26
(2) (b) 11. For taxable years that begin after December 31, 1995, and
8before January 1, 1997, for a corporation, conduit or common law trust which
9qualifies as a regulated investment company, real estate mortgage investment
10conduit or real estate investment trust under the Internal Revenue Code as amended
11to December 31, 1995, excluding sections 103, 104, and 110 of P.L.
102-227 and
12sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, and as
13amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
14104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
15105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L.
16107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L.
17107-181, and as indirectly affected in the provisions applicable to this subchapter
18by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
19P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
20102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
21(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
22103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123, 1202, 1204, 1311, and
231605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
24105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
25106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
1and P.L. 107-181, "net income" means the federal regulated investment company
2taxable income, federal real estate mortgage investment conduit taxable income or
3federal real estate investment trust taxable income of the corporation, conduit or
4trust as determined under the Internal Revenue Code as amended to
5December 31, 1995, excluding sections 103, 104, and 110 of P.L.
102-227 and
6sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, and as
7amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
8104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
9105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L.
10107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L.
11107-181, and as indirectly affected in the provisions applicable to this subchapter
12by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
13P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
14102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
15(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
16103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123, 1202, 1204, 1311, and
171605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
18105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
19106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
20and P.L. 107-181, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
21is required to be depreciated for taxable years 1983 to 1986 under the Internal
22Revenue Code as amended to December 31, 1980, shall continue to be depreciated
23under the Internal Revenue Code as amended to December 31, 1980, and except that
24the appropriate amount shall be added or subtracted to reflect differences between
25the depreciation or adjusted basis for federal income tax purposes and the
1depreciation or adjusted basis under this chapter of any property disposed of during
2the taxable year. The Internal Revenue Code as amended to December 31, 1995,
3excluding sections 103, 104, and 110 of P.L.
102-227 and sections 13113, 13150 (d),
413171 (d), 13174, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188,
5excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191,
6P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
7106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
8excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly
9affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
10P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
11P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
12102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1313203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
14104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
15104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and 16P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L.
17107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, applies
18for Wisconsin purposes at the same time as for federal purposes. Amendments to the
19Internal Revenue Code enacted after December 31, 1995, do not apply to this
20subdivision with respect to taxable years that begin after December 31, 1995, and
21before January 1, 1997, except that changes to the Internal Revenue Code made by
22P.L.
104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188,
23P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
24and P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L.
25107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and
1changes that indirectly affect the provisions applicable to this subchapter made by
2P.L.
104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188,
3P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
4and P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L.
5107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
6Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,642,118
71.26
(2) (b) 12. For taxable years that begin after December 31, 1996, and
9before January 1, 1998, for a corporation, conduit or common law trust which
10qualifies as a regulated investment company, real estate mortgage investment
11conduit, real estate investment trust or financial asset securitization investment
12trust under the Internal Revenue Code as amended to December 31, 1996, excluding
13sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1413174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
151605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
16P.L.
105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
17106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L.
18107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as
19indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
20100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
21101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
22102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2313174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
24104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
25(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
1105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of
2P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
3P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, "net
4income" means the federal regulated investment company taxable income, federal
5real estate mortgage investment conduit taxable income, federal real estate
6investment trust or financial asset securitization investment trust taxable income
7of the corporation, conduit or trust as determined under the Internal Revenue Code
8as amended to December 31, 1996, excluding sections 103, 104, and 110 of P.L.
9102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 10and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188 and as
11amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
12106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
13section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
14406 of P.L. 107-147, and P.L. 107-181, and as indirectly affected in the provisions
15applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
16101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
17excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
18103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
19103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
20excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
21104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
22106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
23107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
24sections 101 and 406 of P.L. 107-147, and P.L. 107-181, except that property that,
25under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable
1years 1983 to 1986 under the Internal Revenue Code as amended to
2December 31, 1980, shall continue to be depreciated under the Internal Revenue
3Code as amended to December 31, 1980, and except that the appropriate amount
4shall be added or subtracted to reflect differences between the depreciation or
5adjusted basis for federal income tax purposes and the depreciation or adjusted basis
6under this chapter of any property disposed of during the taxable year. The Internal
7Revenue Code as amended to December 31, 1996, excluding sections 103, 104, and
8110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
9103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188,
10and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
11106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
12107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
13sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly affected in
14the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
15100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
16102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
17102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1813203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
19104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
20104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
21105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
22and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
23excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, applies for
24Wisconsin purposes at the same time as for federal purposes. Amendments to the
25Internal Revenue Code enacted after December 31, 1996, do not apply to this
1subdivision with respect to taxable years that begin after December 31, 1996, and
2before January 1, 1998, except that changes to the Internal Revenue Code made by
3P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554,
4excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
5431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
6107-147, and P.L. 107-181, and changes that indirectly affect the provisions
7applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
8105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
9and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
10excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
11Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,645,1713
71.26
(2) (b) 13. For taxable years that begin after December 31, 1997, and
14before January 1, 1999, for a corporation, conduit or common law trust which
15qualifies as a regulated investment company, real estate mortgage investment
16conduit, real estate investment trust or financial asset securitization investment
17trust under the Internal Revenue Code as amended to December 31, 1997, excluding
18sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1913174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
201605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
21105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of
22P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
23P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and
24as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
25P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
1P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
2102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
313174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
4104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
5(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
6105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554,
7excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
8431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
9107-147, and P.L. 107-181, "net income" means the federal regulated investment
10company taxable income, federal real estate mortgage investment conduit taxable
11income, federal real estate investment trust or financial asset securitization
12investment trust taxable income of the corporation, conduit or trust as determined
13under the Internal Revenue Code as amended to December 31, 1997, excluding
14sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1513174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
161605 (d) of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
17105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of
18P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
19P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and
20as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
21P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
22P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
23102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2413174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
25104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
1(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
2105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554,
3excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
4431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
5107-147, and P.L. 107-181, except that property that, under s. 71.02 (1) (c) 8. to 11.,
61985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
7Internal Revenue Code as amended to December 31, 1980, shall continue to be
8depreciated under the Internal Revenue Code as amended to December 31, 1980,
9and except that the appropriate amount shall be added or subtracted to reflect
10differences between the depreciation or adjusted basis for federal income tax
11purposes and the depreciation or adjusted basis under this chapter of any property
12disposed of during the taxable year. The Internal Revenue Code as amended to
13December 31, 1997, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, and sections 1123
15(b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as amended by P.L.
16105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554,
17excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
18431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
19107-147, and P.L. 107-181, and as indirectly affected in the provisions applicable to
20this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
21101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
22103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
23sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
24103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
251123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
1104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
2106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
3and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
4excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, applies for
5Wisconsin purposes at the same time as for federal purposes. Amendments to the
6Internal Revenue Code enacted after December 31, 1997, do not apply to this
7subdivision with respect to taxable years that begin after December 31, 1997, and
8before January 1, 1999, except that changes to the Internal Revenue Code made by
9P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554,
10excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
11431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
12107-147, and P.L. 107-181, and changes that indirectly affect the provisions
13applicable to this subchapter made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
14106-36 and, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of P.L.
15106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L.
16107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
17Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,648,2319
71.26
(2) (b) 14. For taxable years that begin after December 31, 1998, and
20before January 1, 2000, for a corporation, conduit or common law trust which
21qualifies as a regulated investment company, real estate mortgage investment
22conduit, real estate investment trust or financial asset securitization investment
23trust under the Internal Revenue Code as amended to December 31, 1998, excluding
24sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
2513174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
11605 (d) of P.L.
104-188, and as amended by P.L.
106-36, P.L.
106-170,
P.L. 106-230, 2P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16,
3excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections
4101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and as indirectly
5affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
6P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
7P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
8102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
10104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
11104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
12105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L. 106-554,
13excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
14431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
15107-147, P.L. 107-181, and P.L. 107-276, "net income" means the federal regulated
16investment company taxable income, federal real estate mortgage investment
17conduit taxable income, federal real estate investment trust or financial asset
18securitization investment trust taxable income of the corporation, conduit or trust
19as determined under the Internal Revenue Code as amended to December 31, 1998,
20excluding sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171
21(d), 13174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311,
22and 1605 (d) of P.L.
104-188, and as amended by P.L.
106-36, P.L.
106-170,
P.L.
23106-230, P.L. 106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
24107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
25sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and as
1indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
2100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
3101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
4102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
513174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
6104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
7(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
8105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
9106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
10section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
11406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, except that property that, under
12s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years
131983 to 1986 under the Internal Revenue Code as amended to December 31, 1980,
14shall continue to be depreciated under the Internal Revenue Code as amended to
15December 31, 1980, and except that the appropriate amount shall be added or
16subtracted to reflect differences between the depreciation or adjusted basis for
17federal income tax purposes and the depreciation or adjusted basis under this
18chapter of any property disposed of during the taxable year. The Internal Revenue
19Code as amended to December 31, 1998, excluding sections 103, 104, and 110 of P.L.
20102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
21and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
22amended by P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding
23sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
24107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
25P.L. 107-181, and P.L. 107-276, and as indirectly affected in the provisions
1applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
2101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
3excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
4103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
5103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
6excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
7104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
8105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections
9162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
10P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L.
11107-181, and P.L. 107-276, applies for Wisconsin purposes at the same time as for
12federal purposes. Amendments to the Internal Revenue Code enacted after
13December 31, 1998, do not apply to this subdivision with respect to taxable years that
14begin after December 31, 1998, and before January 1, 2000, except that changes to
15the Internal Revenue Code made by P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
16106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
17section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
18406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and changes that indirectly
19affect the provisions applicable to this subchapter made by P.L.
106-36, P.L.
20106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
21and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
22excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, 23apply for Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,652,10
171.26
(2) (b) 15. For taxable years that begin after December 31, 1999,
and
2before January 1, 2003, for a corporation, conduit or common law trust which
3qualifies as a regulated investment company, real estate mortgage investment
4conduit, real estate investment trust or financial asset securitization investment
5trust under the Internal Revenue Code as amended to December 31, 1999, excluding
6sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
713174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
81605 (d) of P.L.
104-188, and as amended by
P.L. 106-230, P.L.
106-554, excluding
9sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section
10431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding
11sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and
12P.L. 107-358, and as indirectly affected in the provisions applicable to this
13subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
14P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
15and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1613113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
17103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
18(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
19105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
20106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
21and P.L. 107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L.
22107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
23P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, "net income" means the
24federal regulated investment company taxable income, federal real estate mortgage
25investment conduit taxable income, federal real estate investment trust or financial
1asset securitization investment trust taxable income of the corporation, conduit or
2trust as determined under the Internal Revenue Code as amended to December 31,
31999, excluding sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d),
413171 (d), 13174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204
5(f), 1311, and 1605 (d) of P.L.
104-188, and as amended by
P.L. 106-230, P.L.
106-554,
6excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16,
7excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
8107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
9P.L. 107-276, and P.L. 107-358, and as indirectly affected in the provisions
10applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
11101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
12excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
13103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
14103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
15excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
16104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
17105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections
18162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of
19P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding
20sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and
21P.L. 107-358, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
22is required to be depreciated for taxable years 1983 to 1986 under the Internal
23Revenue Code as amended to December 31, 1980, shall continue to be depreciated
24under the Internal Revenue Code as amended to December 31, 1980, and except that
25the appropriate amount shall be added or subtracted to reflect differences between
1the depreciation or adjusted basis for federal income tax purposes and the
2depreciation or adjusted basis under this chapter of any property disposed of during
3the taxable year. The Internal Revenue Code as amended to December 31, 1999,
4excluding sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171
5(d), 13174, and 13203 (d) of P.L.
103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311,
6and 1605 (d) of P.L.
104-188, and as amended by
P.L. 106-230, P.L.
106-554,
7excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16,
8excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
9107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
10P.L. 107-276, and P.L. 107-358, and as indirectly affected in the provisions
11applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
12101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
13excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
14103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
15103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
16excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
17104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
18105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections
19162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of
20P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding
21sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and
22P.L. 107-358, applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the Internal Revenue Code enacted after December 31,
241999, do not apply to this subdivision with respect to taxable years that begin after
25December 31, 1999,
and before January 1, 2003, except that changes to the Internal
1Revenue Code made by
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165
2of P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
3P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and
4406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, and
5changes that indirectly affect the provisions applicable to this subchapter made by
6P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
7107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116,
8P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L.
9107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, apply for Wisconsin
10purposes at the same time as for federal purposes.
SB44-SSA1,655,212
71.26
(2) (b) 16. For taxable years that begin after December 31, 2002, for a
13corporation, conduit, or common law trust which qualifies as a regulated investment
14company, real estate mortgage investment conduit, real estate investment trust, or
15financial asset securitization investment trust under the Internal Revenue Code as
16amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
102-227,
17sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
181123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519, sections
19162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and section 101
20of P.L.
107-147, and as indirectly affected in the provisions applicable to this
21subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
22P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104,
23and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
25103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
1(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
2105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
3106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
4P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
5107-116, P.L.
107-134, P.L.
107-147, excluding section 101 of P.L.
107-147, P.L.
6107-181, P.L.
107-210, P.L.
107-276, and P.L.
107-358, "net income" means the
7federal regulated investment company taxable income, federal real estate mortgage
8investment conduit taxable income, federal real estate investment trust or financial
9asset securitization investment trust taxable income of the corporation, conduit, or
10trust as determined under the Internal Revenue Code as amended to December 31,
112002, excluding sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d),
1213171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f),
131311, and 1605 (d) of P.L.
104-188, P.L.
106-519, sections 162 and 165 of P.L.
14106-554, P.L.
106-573, section 431 of P.L.
107-16, and section 101 of P.L.
107-147,
15and as indirectly affected in the provisions applicable to this subchapter by P.L.
1699-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
17101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
18102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
19(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
20103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
211311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
22105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
23106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
24P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
25107-134, P.L.
107-147, excluding section 101 of P.L.
107-147, P.L.
107-181, P.L.
1107-210, P.L.
107-276, and P.L.
107-358, except that property that, under s. 71.02
2(1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
3under the Internal Revenue Code as amended to December 31, 1980, shall continue
4to be depreciated under the Internal Revenue Code as amended to
5December 31, 1980, and except that the appropriate amount shall be added or
6subtracted to reflect differences between the depreciation or adjusted basis for
7federal income tax purposes and the depreciation or adjusted basis under this
8chapter of any property disposed of during the taxable year. The Internal Revenue
9Code as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
10102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
11sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
12sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
13section 101 of P.L.
107-147, and as indirectly affected in the provisions applicable to
14this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
15101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
16103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
17sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
18103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
191123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
20104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
21106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
22P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
23107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding section 101 of P.L.
24107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, and P.L.
107-358, applies for
25Wisconsin purposes at the same time as for federal purposes. Amendments to the
1Internal Revenue Code enacted after December 31, 2002, do not apply to this
2subdivision with respect to taxable years that begin after December 31, 2002.
SB44-SSA1, s. 1583
3Section
1583. 71.30 (10) (h) (intro.) of the statutes is amended to read:
SB44-SSA1,655,64
71.30
(10) (h)
Certification of amounts. (intro.) Annually, on or before
5September 15, the secretary of revenue shall certify to the department of natural
6resources
, and the department of administration
and the state treasurer:
SB44-SSA1,656,199
71.34
(1g) (j) "Internal Revenue Code" for tax-option corporations, for taxable
10years that begin after December 31, 1994, and before January 1, 1996, means the
11federal Internal Revenue Code as amended to December 31, 1994, excluding
12sections 103, 104, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
1313174, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-188,
14excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
15104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding
16sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections
17101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly affected in the
18provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 19excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2)
20of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
21101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
22110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2313113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
24103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204,
251311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
1105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
2106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
3and P.L. 107-181, except that section 1366 (f) (relating to pass-through of items to
4shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
5sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
6at the same time as for federal purposes. Amendments to the federal Internal
7Revenue Code enacted after December 31, 1994, do not apply to this paragraph with
8respect to taxable years beginning after December 31, 1994, and before
9January 1, 1996, except changes to the Internal Revenue Code made by P.L.
104-7,
10P.L.
104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
11104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
12excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
13excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and changes that
14indirectly affect the provisions applicable to this subchapter made by P.L.
104-7, P.L.
15104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
16104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
17excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
18excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
19Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,658,721
71.34
(1g) (k) "Internal Revenue Code" for tax-option corporations, for taxable
22years that begin after December 31, 1995, and before January 1, 1997, means the
23federal Internal Revenue Code as amended to December 31, 1995, excluding
24sections 103, 104, and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d),
2513174, and 13203 (d) of P.L.
103-66, and as amended by P.L.
104-188, excluding
1sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
2104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
3excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
4excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly
5affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
6P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
7823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
8101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
9103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
10sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
11103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
121123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
13105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding
14sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections
15101 and 406 of P.L. 107-147, and P.L. 107-181, except that section 1366 (f) (relating
16to pass-through of items to shareholders) is modified by substituting the tax under
17s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code
18applies for Wisconsin purposes at the same time as for federal purposes.
19Amendments to the federal Internal Revenue Code enacted after
20December 31, 1995, do not apply to this paragraph with respect to taxable years
21beginning after December 31, 1995, and before January 1, 1997, except that
22changes to the Internal Revenue Code made by P.L.
104-188, excluding sections
231123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
24105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding
25sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections
1101 and 406 of P.L. 107-147, and P.L. 107-181, and changes that indirectly affect the
2provisions applicable to this subchapter made by P.L.
104-188, excluding sections
31123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
4105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding
5sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections
6101 and 406 of P.L. 107-147, and P.L. 107-181, apply for Wisconsin purposes at the
7same time as for federal purposes.
SB44-SSA1,659,209
71.34
(1g) (L) "Internal Revenue Code" for tax-option corporations, for taxable
10years that begin after December 31, 1996, and before January 1, 1998, means the
11federal Internal Revenue Code as amended to December 31, 1996, excluding
12sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
1313174, and 13203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
141605 (d) of P.L.
104-188, and as amended by P.L.
105-33, P.L.
105-34, P.L.
105-206,
15P.L.
105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
16106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L.
17107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and as
18indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
19100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
20(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
21101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
22excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
23103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
24103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
25excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
1104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
2106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
3107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
4sections 101 and 406 of P.L. 107-147, and P.L. 107-181, except that section 1366 (f)
5(relating to pass-through of items to shareholders) is modified by substituting the
6tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
7Code applies for Wisconsin purposes at the same time as for federal purposes.
8Amendments to the federal Internal Revenue Code enacted after
9December 31, 1996, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1996, and before January 1, 1998, except that
11changes to the Internal Revenue Code made by P.L.
105-33, P.L.
105-34, P.L.
12105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of
13P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
14P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and
15changes that indirectly affect the provisions applicable to this subchapter made by
16P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554,
17excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
18431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
19107-147, and P.L. 107-181, apply for Wisconsin purposes at the same time as for
20federal purposes.
SB44-SSA1,661,822
71.34
(1g) (m) "Internal Revenue Code" for tax-option corporations, for taxable
23years that begin after December 31, 1997, and before January 1, 1999, means the
24federal Internal Revenue Code as amended to December 31, 1997, excluding sections
25103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
2of P.L.
104-188, and as amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
3106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
4and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
5excluding sections 101 and 406 of P.L. 107-147, P.L. and 107-181, and as indirectly
6affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
7P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
8823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
9101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
10103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
11sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
12103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
131123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
14104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
15106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
16and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
17excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, except that section
181366 (f) (relating to pass-through of items to shareholders) is modified by
19substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375. The
20Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
21purposes. Amendments to the federal Internal Revenue Code enacted after
22December 31, 1997, do not apply to this paragraph with respect to taxable years
23beginning after December 31, 1997, and before January 1, 1999, except that
24changes to the Internal Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
25105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections 162 and 165 of
1P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
2P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and
3changes that indirectly affect the provisions applicable to this subchapter made by
4P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554,
5excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
6431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
7107-147, and P.L. 107-181, apply for Wisconsin purposes at the same time as for
8federal purposes.
SB44-SSA1,662,2010
71.34
(1g) (n) "Internal Revenue Code" for tax-option corporations, for taxable
11years that begin after December 31, 1998, and before January 1, 2000, means the
12federal Internal Revenue Code as amended to December 31, 1998, excluding sections
13103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
1413203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
15of P.L.
104-188, and as amended by P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
16106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
17section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
18406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and as indirectly affected in the
19provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
20excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2)
21of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
22101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
23110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
25103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
1(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
2105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
3106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
4and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
5excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, 6except that section 1366 (f) (relating to pass-through of items to shareholders) is
7modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
81375. The Internal Revenue Code applies for Wisconsin purposes at the same time
9as for federal purposes. Amendments to the federal Internal Revenue Code enacted
10after December 31, 1998, do not apply to this paragraph with respect to taxable years
11beginning after December 31, 1998, and before January 1, 2000, except that
12changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170,
P.L.
13106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
14107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
15sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and changes
16that indirectly affect the provisions applicable to this subchapter made by P.L.
17106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of
18P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
19P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L.
20107-276, apply for Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,664,1022
71.34
(1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
23years that begin after December 31, 1999,
and before January 1, 2003, means the
24federal Internal Revenue Code as amended to December 31, 1999, excluding sections
25103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
2of P.L.
104-188, and as amended by
P.L. 106-230, P.L.
106-554, excluding sections
3162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of
4P.L.
107-16,
P.L. 107.22, P.L. 107.116, P.L. 107-134, P.L. 107-147, excluding sections
5101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L.
6107-358, and as indirectly affected in the provisions applicable to this subchapter
7by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d)
8(2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
9100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
10102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
11102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1213203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
13104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
14104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
15105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554,
16excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16,
17excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
18107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
19P.L. 107-276, and P.L. 107-358, except that section 1366 (f) (relating to
20pass-through of items to shareholders) is modified by substituting the tax under s.
2171.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23federal Internal Revenue Code enacted after December 31, 1999, do not apply to this
24paragraph with respect to taxable years beginning after December 31, 1999,
and
25before January 1, 2003, except that changes to the Internal Revenue Code made by
1P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
2107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116,
3P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L.
4107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, and changes that indirectly
5affect the provisions applicable to this subchapter made by
P.L. 106-230, P.L.
6106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
7107-16, excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L.
8107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181,
9P.L. 107-210, P.L. 107-276, and P.L. 107-358, apply for Wisconsin purposes at the
10same time as for federal purposes.
SB44-SSA1,665,1112
71.34
(1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
13years that begin after December 31, 2002, means the federal Internal Revenue Code
14as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
15102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
16sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
17sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
18section 101 of P.L.
107-147, and as indirectly affected in the provisions applicable to
19this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803
20(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section
211008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
22P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
23102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2413174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
25104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
1(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
2105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
3106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
4excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
5107-147, excluding section 101 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
6107-276, and P.L.
107-358, except that section 1366 (f) (relating to pass-through of
7items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
8under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
9purposes at the same time as for federal purposes. Amendments to the federal
10Internal Revenue Code enacted after December 31, 2002, do not apply to this
11paragraph with respect to taxable years beginning after December 31, 2002.
SB44-SSA1,666,2114
71.42
(2) (i) For taxable years that begin after December 31, 1994, and before
15January 1, 1996, "Internal Revenue Code" means the federal Internal Revenue Code
16as amended to December 31, 1994, excluding sections 103, 104, and 110 of P.L.
17102-227 and sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
18103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204,
191311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34, P.L.
20105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
21106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
22and P.L. 107-181, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
23100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
24102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
25102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
2104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
3104-191, P.L.
104-193, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
4excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
5excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, except that
6"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
7Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
8as for federal purposes. Amendments to the federal Internal Revenue Code enacted
9after December 31, 1994, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1994, and before January 1, 1996, except that
11changes to the Internal Revenue Code made by P.L.
104-7, P.L.
104-188, excluding
12sections 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
13105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and
14165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of
15P.L. 107-147, and P.L. 107-181, and changes that indirectly affect the provisions
16applicable to this subchapter made by P.L.
104-7, P.L.
104-188, excluding sections
171202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-34,
18P.L.
105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
19106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
20and P.L. 107-181, apply for Wisconsin purposes at the same time as for federal
21purposes.
SB44-SSA1,668,523
71.42
(2) (j) For taxable years that begin after December 31, 1995, and before
24January 1, 1997, "Internal Revenue Code" means the federal Internal Revenue Code
25as amended to December 31, 1995, excluding sections 103, 104, and 110 of P.L.
1102-227 and sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
2103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311,
3and 1605 of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
4105-206, P.L.
105-277,
and P.L.
106-554, excluding sections 162 and 165 of P.L.
5106-554,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
6and P.L. 107-181, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
7100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
8102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
9102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1013203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
11104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
12104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and 13P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L.
14107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, except
15that "Internal Revenue Code" does not include section 847 of the federal Internal
16Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
17same time as for federal purposes. Amendments to the federal Internal Revenue
18Code enacted after December 31, 1995, do not apply to this paragraph with respect
19to taxable years beginning after December 31, 1995, and before January 1, 1997,
20except that changes to the Internal Revenue Code made by P.L.
104-188, excluding
21sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191, P.L.
22104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
106-554,
23excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
24excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and changes that
25indirectly affect the provisions applicable to this subchapter made by P.L.
104-188,
1excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
104-188, P.L.
104-191,
2P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277,
and P.L.
3106-554, excluding sections 162 and 165 of P.L.
106-554,
P.L. 107-134, P.L. 107-147,
4excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
5Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,669,147
71.42
(2) (k) For taxable years that begin after December 31, 1996, and before
8January 1, 1998, "Internal Revenue Code" means the federal Internal Revenue Code
9as amended to December 31, 1996, excluding sections 103, 104, and 110 of P.L.
10102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 11and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
12amended by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
13106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
14section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
15406 of P.L. 107-147, and P.L. 107-181, and as indirectly affected by P.L.
99-514, P.L.
16100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
17101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
18102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1913174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
20104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
21(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
22105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of
23P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
24P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, 25except that "Internal Revenue Code" does not include section 847 of the federal
1Internal Revenue Code. The Internal Revenue Code applies for Wisconsin purposes
2at the same time as for federal purposes. Amendments to the federal Internal
3Revenue Code enacted after December 31, 1996, do not apply to this paragraph with
4respect to taxable years beginning after December 31, 1996, and before
5January 1, 1998, except that changes to the Internal Revenue Code made by P.L.
6105-33, P.L.
105-34, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-554,
7excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section
8431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
9107-147, and P.L. 107-181, and changes that indirectly affect the provisions
10applicable to this subchapter made by P.L.
105-33, P.L.
105-34, P.L.
105-206, P.L.
11105-277, P.L.
106-36, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
12and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147,
13excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, apply for
14Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,670,2316
71.42
(2) (L) For taxable years that begin after December 31, 1997, and before
17January 1, 1999, "Internal Revenue Code" means the federal Internal Revenue Code
18as amended to December 31, 1997, excluding sections 103, 104, and 110 of P.L.
19102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 20and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
21amended by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
22P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16,
23excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections
24101 and 406 of P.L. 107-147, and P.L. 107-181, and as indirectly affected by P.L.
2599-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
1101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
2102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
3(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
4103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
51311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
6105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
7106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
8section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
9406 of P.L. 107-147, and P.L. 107-181, except that "Internal Revenue Code" does not
10include section 847 of the federal Internal Revenue Code. The Internal Revenue
11Code applies for Wisconsin purposes at the same time as for federal purposes.
12Amendments to the federal Internal Revenue Code enacted after December 31, 1997,
13do not apply to this paragraph with respect to taxable years beginning after
14December 31, 1997, and before January 1, 1999, except that changes to the Internal
15Revenue Code made by P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
16106-170, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
17107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
18sections 101 and 406 of P.L. 107-147, and P.L. 107-181, and changes that indirectly
19affect the provisions applicable to this subchapter made by P.L.
105-178, P.L.
20105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-554, excluding sections
21162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
22P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L.
23107-181, apply for Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,672,8
171.42
(2) (m) For taxable years that begin after December 31, 1998, and before
2January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
3as amended to December 31, 1998, excluding sections 103, 104, and 110 of P.L.
4102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 5and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
6amended by P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding
7sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
8107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
9P.L. 107-181, and P.L. 107-276, and as indirectly affected by P.L.
99-514, P.L.
10100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
11101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
12102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1313174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
14104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
15(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
16105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170,
P.L. 106-230, P.L.
17106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
107-16, excluding
18section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding sections 101 and
19406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, except that "Internal Revenue
20Code" does not include section 847 of the federal Internal Revenue Code. The
21Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
22purposes. Amendments to the federal Internal Revenue Code enacted after
23December 31, 1998, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 1998, and before January 1, 2000, except that
25changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170,
P.L.
1106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L.
2107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134, P.L. 107-147, excluding
3sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, and changes
4that indirectly affect the provisions applicable to this subchapter made by P.L.
5106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of
6P.L.
106-554,
and P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L. 107-134,
7P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L.
8107-276, apply for Wisconsin purposes at the same time as for federal purposes.
SB44-SSA1,673,2010
71.42
(2) (n) For taxable years that begin after December 31, 1999,
and before
11January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
12as amended to December 31, 1999, excluding sections 103, 104, and 110 of P.L.
13102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 14and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
15amended by
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
16106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L.
17107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of
18P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, and as
19indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
20101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
21103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
22sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
23103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
241123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
25104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
1106-36, P.L.
106-170,
P.L. 106-230, P.L.
106-554, excluding sections 162 and 165 of
2P.L.
106-554,
and P.L. 107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
P.L.
3107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of
4P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, except
5that "Internal Revenue Code" does not include section 847 of the federal Internal
6Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
7same time as for federal purposes. Amendments to the federal Internal Revenue
8Code enacted after December 31, 1999, do not apply to this paragraph with respect
9to taxable years beginning after December 31, 1999,
and before January 1, 2003, 10except that changes to the Internal Revenue Code made by
P.L. 106-230, P.L.
11106-554, excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
12107-16, excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L.
13107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181,
14P.L. 107-210, P.L. 107-276, and P.L. 107-358, and changes that indirectly affect the
15provisions applicable to this subchapter made by
P.L. 106-230, P.L.
106-554,
16excluding sections 162 and 165 of P.L.
106-554,
and P.L. 107-15, P.L.
107-16,
17excluding section 431 of P.L.
107-16,
P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
18107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
19P.L. 107-276, and P.L. 107-358, apply for Wisconsin purposes at the same time as
20for federal purposes.
SB44-SSA1,674,1822
71.42
(2) (o) For taxable years that begin after December 31, 2002, "Internal
23Revenue Code" means the federal Internal Revenue Code as amended to
24December 31, 2002, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
11202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519, sections 162 and
2165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and section 101 of P.L.
3107-147, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
4101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
5excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
6103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
7103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
8excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
9104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
10105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
11162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
12107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding section 101
13of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, and P.L.
107-358, except
14that "Internal Revenue Code" does not include section 847 of the federal Internal
15Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
16same time as for federal purposes. Amendments to the federal Internal Revenue
17Code enacted after December 31, 2002, do not apply to this paragraph with respect
18to taxable years beginning after December 31, 2002.
SB44-SSA1,675,221
71.61
(6) Prohibition of new claims. For taxable years beginning after
22December 31, 2002, no new claims for a credit may be filed under this subchapter,
23but if an otherwise eligible claimant is subject to a farmland preservation agreement
24that is in effect on the effective date of this subsection .... [revisor inserts date], the
1claimant may continue to file a claim for the credit under this subchapter until the
2farmland preservation agreement expires.
SB44-SSA1,675,154
71.74
(13) (a) If the tax is increased the department shall proceed to collect the
5additional tax in the same manner as other income or franchise taxes are collected.
6If the income or franchise taxes are decreased upon direction of the department the
7state treasurer secretary of administration shall refund to the taxpayer such part of
8the overpayment as was actually paid in cash, and the certification of the
9overpayment by the department shall be sufficient authorization to the
treasurer 10secretary of administration for the refunding of the overpayment. No refund of
11income or franchise tax shall be made by the
treasurer
secretary of administration 12unless the refund is so certified. The part of the overpayment paid to the county and
13the local taxation district shall be deducted by the
state treasurer secretary of
14administration in the
treasurer's secretary's next settlement with the county and
15local treasurer.
SB44-SSA1,676,217
71.74
(13) (b) No action or proceeding whatsoever shall be brought against the
18state or the
treasurer thereof secretary of administration for the recovery, refund
, or
19credit of any income or surtaxes; except in case the
state treasurer secretary of
20administration shall neglect or refuse for a period of 60 days to refund any
21overpayment of any income or surtaxes certified, the taxpayer may maintain an
22action to collect the overpayment against the
treasurer secretary of administration 23so neglecting or refusing to refund such overpayment, without filing a claim for
24refund with
such treasurer the secretary of administration, provided that such
1action shall be commenced within one year after the certification of such
2overpayment.
SB44-SSA1,676,194
71.74
(14) Additional remedy to collect tax. The department may also
5proceed under s. 71.91 (5) for the collection of any additional assessment of income
6or franchise taxes or surtaxes, after notice thereof has been given under sub. (11) and
7before the same shall have become delinquent, when it has reasonable grounds to
8believe that the collection of such additional assessment will be jeopardized by delay.
9In such cases notice of the intention to so proceed shall be given by registered mail
10to the taxpayer, and the warrant of the department shall not issue if the taxpayer
11within 10 days after such notice furnishes a bond in such amount, not exceeding
12double the amount of the tax, and with such sureties as the department shall
13approve, conditioned upon the payment of so much of the additional taxes as shall
14finally be determined to be due, together with interest thereon as provided by s. 71.82
15(1) (a). Nothing in this subsection shall affect the review of additional assessments
16provided by ss. 71.88 (1) (a) and (2) (a), 71.89 (2), 73.01
, and 73.015, and any amounts
17collected under this subsection shall be deposited with the
state treasurer secretary
18of administration and disbursed after final determination of the taxes as are
19amounts deposited under s. 71.90 (2).
SB44-SSA1,676,2421
71.80
(1) (e) Representatives of the department directed by it to accept
22payment of income or franchise taxes shall file bonds with the
state treasurer 23secretary of administration in such amount and with such sureties as the state
24treasurer shall direct and approve.
SB44-SSA1,677,20
171.80
(16) (b) A construction contractor required to file a surety bond under par.
2(a) may, in lieu of such requirement, but subject to approval by the department,
3deposit with the
state treasurer secretary of administration an amount of cash equal
4to the face of the bond that would otherwise be required. If an offer to deposit is made
, 5the department shall issue a certificate to the
state treasurer secretary of
6administration authorizing said
treasurer secretary to accept payment of such
7moneys and to give his or her receipt therefor. A copy of such certificate shall be
8mailed to the contractor who shall, within the time fixed by the department, pay such
9amount to
said treasurer the secretary of administration. A copy of the receipt of the
10state treasurer secretary of administration shall be filed with the department. Upon
11final determination by the department of such contractor's liability for state income
12or franchise taxes, required unemployment insurance contributions, sales and use
13taxes
, and income taxes withheld from wages of employees, interest and penalties,
14by reason of such contract or contracts, the department shall certify to the
state
15treasurer secretary of administration the amount of taxes, penalties
, and interest as
16finally determined, shall instruct the
treasurer
secretary of administration as to the
17proper distribution of such amount, and shall state the amount, if any, to be refunded
18to such contractor. The
state treasurer secretary of administration shall make the
19payments directed by such certificate within 30 days after receipt thereof. Amounts
20refunded to the contractor shall be without interest.
SB44-SSA1,677,2522
71.80
(17) Tax receipts transmitted to
state treasurer the secretary of
23administration. Within 15 days after receipt of any income or franchise tax
24payments
, the department shall transmit the same to the
state treasurer secretary
25of administration.
SB44-SSA1,678,242
71.90
(2) Deposit with the state treasurer secretary of administration. At
3any time while the petition is pending before the tax appeals commission or an
4appeal in regard to that petition is pending in a court, the taxpayer may offer to
5deposit the entire amount of the additional taxes, together with interest, with the
6state treasurer secretary of administration. If an offer to deposit is made, the
7department of revenue shall issue a certificate to the
state treasurer secretary of
8administration authorizing the
treasurer secretary to accept payment of such taxes
9together with interest to the first day of the succeeding month and to give a receipt.
10A copy of the certificate shall be mailed to the taxpayer who shall pay the taxes and
11interest to the
treasurer secretary of administration within 30 days. A copy of the
12receipt of the
state treasurer secretary of administration shall be filed with the
13department. The department shall, upon final determination of the appeal, certify
14to the
state treasurer secretary of administration the amount of the taxes as finally
15determined and direct the
state treasurer secretary of administration to refund to
16the appellant any portion of such payment which has been found to have been
17improperly assessed, including interest. The
state treasurer secretary of
18administration shall make the refunds directed by the certificate within 30 days
19after receipt. Taxes paid to the
state treasurer
secretary of administration under this
20subsection shall be subject to the interest provided by ss. 71.82 and 71.91 (1) (c) only
21to the extent of the interest accrued on the taxes prior to the first day of the month
22succeeding the application for hearing. Any portion of the amount deposited with the
23state treasurer secretary of administration which is refunded to the taxpayer shall
24bear interest at the rate of 9% per year during the time that the funds are on deposit.
SB44-SSA1,679,9
171.91
(5) (h) All fees and compensation of officials or other persons performing
2any act or functions required in carrying out this subchapter, except such as are by
3this subchapter to be paid to such officials or persons by the taxpayer, shall, upon
4presentation to the department of revenue of an itemized and verified statement of
5the amount due, be paid
by the state treasurer, upon audit by the department of
6administration on the certificate of the secretary of revenue
, by the secretary of
7administration and charged to the proper appropriation for the department of
8revenue. No public official shall be entitled to demand prepayment of any fee for the
9performance of any official act required in carrying out this subchapter.
SB44-SSA1,679,1911
71.91
(7) (e) Paragraphs (b) to (d) shall apply in any case in which the employer
12is the United States or any instrumentality thereof or this state or any municipality
13or other subordinate unit thereof except those provisions imposing a liability on the
14employer for failure to withhold or remit. But an amount equal to any amount
15withheld by any municipality or other subordinate unit of this state under this
16subsection and not remitted to the department as required by this subsection shall
17be retained by the
state treasurer secretary of administration from funds otherwise
18payable to any such municipality or subordinate unit, and transmitted instead to the
19department, upon certification by the secretary of revenue.
SB44-SSA1,679,2321
71.93
(1) (a) 4. An amount that the department of workforce development may
22recover under s.
49.161, 49.195 (3)
, or 49.793,
or may collect under s. 49.147 (6) (cm), 23if the department of workforce development has certified the amount under s. 49.85.
SB44-SSA1,680,2
171.93
(1) (a) 5. An amount owed to the department of corrections under s.
2304.073 (2) or 304.074 (2).
SB44-SSA1,680,7
472.24 Refunding. Whenever any amount has been paid in excess of the tax
5determined, the
state treasurer secretary of administration, upon certification by
6the department or circuit court, shall refund the excess to the payor or other person
7entitled thereto.
SB44-SSA1,680,229
73.01
(4) (b) Any matter required to be heard by the commission may be heard
10by any member of the commission or its hearing examiner and reported to the
11commission, and hearings of matters pending before it shall be assigned to members
12of the commission or its hearing examiner by the chairperson.
Unless a majority of
13the commission decides that the full commission should decide a case, cases Cases 14other than small claims cases shall be decided by
a panel of 3 members the full
15commission, except that if one or more members of the commission are unavailable,
16cases other than small claims cases shall be decided by the member or members 17assigned by the chairperson prior to the hearing. If the parties have agreed to an oral
18decision, the member or members conducting the hearing may render an oral
19decision. Hearings shall be open to the public and all proceedings shall be conducted
20in accordance with rules of practice and procedure prescribed by the commission.
21Small claims cases shall be decided by one commissioner assigned by the chairperson
22prior to the hearing.
SB44-SSA1,681,424
73.01
(4) (em) 1. If only 2 commissioners are available to participate in a
25decision in a case that would otherwise be decided by the full commission, and if the
12 commissioners cannot agree on the resolution of the case, the chairperson of the
2commission shall make the decision in the case, except that, if the chairperson is not
3participating in the case, the commissioner participating in the case who has been
4a commissioner for the longer period of time shall make the decision.
SB44-SSA1,681,75
2. If only one commissioner is available to participates in a decision in a case
6that would otherwise be decided by the full commission, the commissioner who
7participates in the case shall make the decision.
SB44-SSA1,682,199
73.03
(2a) To prepare, have published and distribute to each property tax
10assessor and to others who so request assessment manuals. The manual shall
11discuss and illustrate accepted assessment methods, techniques and practices with
12a view to more nearly uniform and more consistent assessments of property at the
13local level. The manual shall be amended by the department from time to time to
14reflect advances in the science of assessment, court decisions concerning assessment
15practices, costs, and statistical and other information considered valuable to local
16assessors by the department. The manual shall incorporate standards for the
17assessment of all types of renewable energy resource systems used in this state as
18soon as such systems are used in sufficient numbers and sufficient data exists to
19allow the formulation of valid guidelines. The manual shall incorporate standards,
20which the department of revenue and the state historical society of Wisconsin shall
21develop, for the assessment of nonhistoric property in historic districts and for the
22assessment of historic property, including but not limited to property that is being
23preserved or restored; property that is subject to a protective easement, covenant or
24other restriction for historic preservation purposes; property that is listed in the
25national register of historic places in Wisconsin or in this state's register of historic
1places and property that is designated as a historic landmark and is subject to
2restrictions imposed by a municipality or by a landmarks commission. The manual
3shall incorporate general guidelines about ways to determine whether property is
4taxable in part under s. 70.1105 and examples of the ways that s. 70.1105 applies in
5specific situations. The manual shall state that assessors are required to comply with
6s. 70.32 (1g) and shall suggest procedures for doing so. The manual or a supplement
7to it shall specify per acre value guidelines for each municipality for various
8categories of agricultural land based on the income that could be generated from its
9estimated rental for agricultural use, as defined by rule, and capitalization rates
10established by rule. The manual shall include guidelines for classifying land as
11agricultural land, as defined in s. 70.32 (2) (c)
1.
1g., and guidelines for distinguishing
12between land and improvements to land. The cost of the development, preparation,
13publication and distribution of the manual and of revisions and amendments to it
14shall be borne by the assessors and requesters at an individual volume cost or a
15subscription cost as determined by the department. All receipts shall be credited to
16the appropriation under s. 20.566 (2) (hi). The department may provide free
17assessment manuals to other state agencies or exchange them at no cost with
18agencies of other states or of the federal government for similar information or
19publications.
SB44-SSA1,683,1021
73.03
(6) In its discretion to inspect and examine or cause an inspection and
22examination of the records of any town, city, village
, or county officer whenever such
23officer shall have failed or neglected to return properly the information as required
24by sub. (5), within the time set by the department of revenue. Upon the completion
25of such inspection and examination the department of revenue shall transmit to the
1clerk of the town, city, village
, or county a statement of the expenses incurred by the
2department of revenue to secure the necessary information. Duplicates of such
3statements shall be filed in the office of the
department secretary of administration
4and state treasurer. Within 60 days after the receipt of the above statement, the
5same shall be audited, as other claims of towns, cities, villages
, and counties are
6audited, and shall be paid into the state treasury, in default of which the same shall
7become a special charge against such town, city, village
, or county and be included
8in the next apportionment or certification of state taxes and charges, and collected
9with interest at the rate of 10% per year from the date such statements were certified
10by the department, as other special charges are certified and collected.
SB44-SSA1,683,1212
73.03
(59) To enforce ss. 945.03 (2m) and 945.04 (2m).
SB44-SSA1,683,1614
73.03
(60) To enforce s. 945.05 (1m), in cases in which the department
15determines that the video gambling machine involved is likely to be used in
16connection with a violation of s. 945.03 (2m) or 945.04 (2m).
SB44-SSA1,684,6
1873.031 Arrest powers. A special agent of the department of revenue who has
19been certified as a law enforcement officer by the law enforcement standards board
20and who is on duty may arrest a person if the special agent believes, on reasonable
21grounds, that a warrant for the person's arrest has been issued in this state
or, that
22a felony warrant has been issued in another state
, that the person is violating or has
23violated s. 945.03 (2m) or 945.04 (2m), or that the person is violating or has violated
24s. 945.05 (1m) in a case in which the department determines that the video gambling
25machine involved is likely to be used in connection with a violation of s. 945.03 (2m)
1or 945.04 (2m) or if a crime has been committed in the presence of the special agent.
2The special agent shall cause the person arrested and the documents and reports
3pertaining to the arrest to be delivered to the chief of police or sheriff in the
4jurisdiction where the arrest is made. The special agent shall be available as a
5witness for the state. A special agent acting under this section is an employee of the
6department and is subject to its direction, benefits and legal protection.
