Press Release

Tax Tips for Manufacturers (9-10-13)

This year is the first year the Manufacturing and Agriculture Tax Credit is available to be claimed for income derived from manufacturing or agricultural property located in Wisconsin? According to the blog written by Wisconsin Department of Revenue Secretary Richard Chandler, the credit is phased in as follows:

• Tax year 2013 = 1.875%
• Tax year 2014 = 3.75%
• Tax year 2015 = 5.526%
• Tax year 2016 and beyond = 7.50%

Read full blog post "Tax Tips for Manufacturers" by Secretary Chandler that reviews property tax exemptions, sales tax exemptions, R&D credits and investment incentives. (link below)


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