Wisconsin Manufacturers Tax Credit
Posted: October 5, 2012
A powerful income tax credit has been included in the State Budget to encourage and strengthen manufacturing in Wisconsin. The WMC-backed credit, which will be phased in over a period of four years beginning in 2013, will virtually eliminate the tax on income derived from manufacturing activity in Wisconsin. It will effectively reduce the rate of tax on Wisconsin manufacturing income from 7.9 to 0.4 percent.
~ Wisconsin Manufacturers and Commerce Association