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:
2020
Program name:
Business Development Credit
Program purpose:
Job creation/retention; Capital investment; Business attraction/retention
:
Statutory authority:
Wisconsin Statutes 238.308
:
Abating jurisdiction(s):
State of Wisconsin
:
Applicable taxes:
Income Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
WEDC may require repayment of tax benefits claimed for a year in which the person failed to employ an eligible employee required by the agreement
:
Gross revenue loss:
$34,700,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$34,700,000
:
Type of loss:
Active
:
Additional notes on dislosure:
Includes Economic Development, Jobs Tax Credit and Business Development Credit abatements
