Business. Life. Balance.
City of Eau Claire Economic Development Division

Local Taxes

In comparison to the rest of the nation, Eau Claire has long been known for its low taxes. 

Eau Claire's Taxation and Incentives

Corporate Income Tax 7.9%
Sales Tax 5.5%
Property Tax $33.18/$1,000
Franchise Tax N/A
Telecommunications Tax N/A
Unemployment Insurance Tax 0.05%-9.80%
New employers unemployment compensation 3.25%

 

Incentives

  • City of Eau Claire Job Credit
  • City of Eau Claire Economic Development Fund
  • EDC Revolving Loan Fund
  • Industrial Reserve Bonds
  • Technology Development Zone Program
  • Community Development Zone Program

Side by Side State Tax Comparison

         
Corporate Income WISCONSIN MINNESOTA ILLINOIS CALIFORNIA
Base: Net Income Net Income Net Income Net Income
Rate: 7.9% (plus a recycling surcharge equal to 3.00% of tax due before credits)* 9.8% 7.3% (4.8% corporate tax plus a personal property replacement tax of 2.5%) 8.84%
Apportionment: 100% sales (effective in 2008) 100% sales (eff. 2014) 100% sales CA has adopted a Multistate Tax Compact (MTC), including a 3-factor formula.
         
         
Personal Income WI MN IL CA
Rate 4.60% to 6.75%(recycling surcharge also applies to net business income of individuals at the rate of 0.2%)* 5.35% - 7.85% 3%(S corporations, trusts, and partnerships pay an additional personal property replacement tax of 1.5% of
net income)		 1.0% - 9.3%
         
         
Property Tax WI MN IL CA
Base: Real property and tangible
personal property (exemptions for machinery and equipment used in manufacturing; manufacturing, merchant and farm inventories; and computer hardware and software)		 Real property and a few select
types of personal property, e.g. certain
electric generating and transmission
equipment.		 Real property Applies to all classes of property - residential, commercial, industrial, agricultural, open space, timberland, vacant land, and certain personal property. Real property includes land, buildings, fixtures, mineral rights, and other components. Personal property includes things like equipment, machinery, and aircraft, and is generally limited to businesses.
Statewide average rate: (excluding Milwaukee County) is estimated at $18.36 per $1,000 of full value. Rate for property in Milwaukee County is estimated at $23.00 per $1000 of full value. The rate is estimated at $33.00 per
$1,000 of full value for commercial-industrial
property.		 (excluding Cook County) is estimated at $20.00 to $30.00 per $1,000 of full value for commercial and non-commercial
property. Cook County average
commercial/industrial rate is estimated at $60.00 to $100.00 per $1,000 of full value.		  
         
         
Sales Taxes WI MN IL CA
State rate: 5.00% (exemptions for manufacturing equipment, manufacturing consumables, pollution control equipment, and production fuel and electricity) 6.50% ** 6.25% (exemption for mfg. equipment) 7.25% **
Local option rate: 0.50% 0.50% to 1.00% 0.25% to 3.00% 0.75%
Combined rates: 5.00% - 5.60% 6.50% to 7.50% 6.25% to 9.25%  
 
         
Unemployment Compensation WI MN IL CA
Rate: $10,500 $25,000 $11,500 $7,000
Base: 0.05% - 9.80% 0.4% to 9.3% 1.0% to 8.2% 1.5% to 6.2%
New Employers: 3.25% to 3.40% 1.98% 3.9% generally 3.4%