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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateWisconsin
Effected JurisdictionWisconsin
Jurisdiction type: State
Fiscal year ending In2018
Program nameDevelopment Opportunity Zone (OZ) Tax Credit
Program purpose: General Economic Development (OZ)
Statutory authority: Wisconsin Statutes 238.395
Abating jurisdiction(s): State of Wisconsin
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: Wisconsin Economic Development Corporation may revoke tax benefits if false or misleading information is provided, if the business ceases to operate in the zone or moves outside the development zone
Gross revenue loss: $300,000
Reimbursement / offset: $0
Net revenue loss: $300,000
Type of loss: Active
Additional notes on dislosure(none)