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.
| State: | Wisconsin |
| Effected Jurisdiction: | Wisconsin |
Jurisdiction type: | State |
| Fiscal year ending In: | 2022 |
| Program name: | Development Opportunity Zone (OZ) Tax Credit |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | Wisconsin Statues 238.995 |
| Abating jurisdiction(s): | State of Wisconsin |
| Applicable taxes: | Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | WEDC 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) |
| Document source: | https://doa.wi.gov/budget/SCO/FY%202022%20ACFR.pdf |
