The Wisconsin Department of Revenue (DOR) is soliciting comments concerning the economic effect of a proposed administrative rule that revises Tax 2.955, which addresses the credit for tax paid to another state for pass-through entities making the entity level tax election.
The DOR will consider comments regarding the impact of the proposed rule (SS 003-20) on specific businesses, business sectors, public utility ratepayers, local governmental units and Wisconsin’s economy as a whole.
The DOR will accept comments until Wednesday, Oct. 14. To submit comments on the rule, click here.