Section 165.30. Applying for certification and allocation.

 

(1)  

(a) A taxpayer or one of the following entities may apply for a certification and an allocation for a food processing plant or food warehouse investment credit:

1. A partnership.

2. A limited liability company.

3. A tax-option corporation.

(b) A "taxpayer" or the "entities" in par. (a) may include either the operator of a food processing plant or food warehouse, or an owner of a building or facility in which a food processing plant or food warehouse is located.

(2)  Application to the department for a certification and an allocation of the credit shall be made on a valid, department-prescribed form.

(3)  

(a) Each application shall include all of the following information:

1. A description of the business operations of the applicant, in relation to the project.

2. A description of the project; including the eligible capital investment, the number of jobs that will be created, and the wages and benefits for those jobs.

3. A description of how the project will promote economic development.

4. Any other information that the department deems necessary to evaluate applications and allocate available tax credits.

5. Any subsequent clarification requested by the department.

(b) No application may include costs incurred in taxable years beginning on or after January 1, 2017.

(4)  Each application shall be completed and either postmarked or delivered to the department no sooner than upon completion of the taxable year in which the costs listed in the application were incurred and no later than February 15 of the subsequent taxable year, unless this deadline is extended by the department.

EmR1019 : cr. eff. 6-8-10; CR 10-117 : cr. Register May 2011 No. 665 , eff. 6-1-11.

Note

The application form that is currently valid can be obtained from the Department of Agriculture, Trade and Consumer Protection at P.O. Box 8911, Madison, WI 53708-8911. Microsoft Windows NT 6.1.7601 Service Pack 1