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.
State:
Wisconsin
Reporting Jurisdiction:
Wisconsin
Jurisdiction type
:
State
:
Fiscal year ending In:
2019
Program name:
Development Opportunity Zone Tax Credit
Program purpose:
Business 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)
