2017 Wisconsin Statutes & Annotations
Chapter 76. Taxation of public utilities and insurers.
76.69 Deduction for personal property taxes.

Universal Citation: WI Stat § 76.69 (2017)

76.69 Deduction for personal property taxes. Any domestic insurer may deduct from the license fee imposed on the insurer for any year under s. 76.65 (1) an amount equal to one-half of the general property taxes paid for the previous year on personal property in this state which is used in the operation of its business and not held primarily for investment purposes, but no such deduction may exceed 25 percent of the license fee.

History: 1971 c. 289; 1979 c. 102 s. 26; Stats. 1979 s. 76.69.

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