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 or Territory: | Wisconsin |
Effected Jurisdiction: | Wisconsin |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2019 |
Program name: | Development Opportunity Zone (OZ) Tax Credit |
Program purpose: | Business attraction/retention/expansion |
Statutory authority: | Wis. Stats. 238.395 |
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: | $700,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $700,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |