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:
Electronics and Information Technology Manufacturing Zone Tax Credit
Program purpose
:
Job creation (Foxconn)

Statutory authority
:
Wis. Stats. 238.396

Abating jurisdiction(s)
:
State of Wisconsin

Applicable taxes:
Income Tax
Method of abatement
:
Tax credit

Provisions for recapture
:
WEDC may require the business to repay any tax benefits the business claims for a year in which the business failed to maintain employment levels or a significant capital investment in property

Gross revenue loss
:
not reported

Reimbursement / offset
:
not reported

Net revenue loss
:
not reported

Type of loss
:
Active

Additional notes on dislosure:
No explanation about non-disclosed amount