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:
2018
Program name:
Historical Preservation Tax Credit
Program purpose:
Historic preservation
:
Statutory authority:
Wisconsin Statutes 238.17
:
Abating jurisdiction(s):
State of Wisconsin
:
Applicable taxes:
Income Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
If sale or noncompliance occurs within 5 years then a prorated amount of the credit received will be added back to the individual’s tax liability
:
Gross revenue loss:
$39,900,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$39,900,000
:
Type of loss:
Active
:
Additional notes on dislosure:
Supplement to Federal Historic Rehabilitation Tax Credit
