The Wisconsin Department of Commerce administers the Economic Development Tax Credit Program. It replaces five former tax credit programs in Wisconsin. The tax credits, which are nonrefundable and nontransferable, must be applied against a certified business's Wisconsin income tax liability. In the case of an S-Corporation, LLC, or other pass-through entities, tax credits flow through to the owners in the same way as income. The tax credits have a 15-year carryforward provision. Eligible activities include job creation, capital investment, employee training and corporate headquarters.
For more information on the Wisconsin Department of Commerce Economic Development Tax Credit Program visit: http://commerce.state.wi.us/BD/BD-ETC.html
or contact:
William Rubin
St. Croix Economic Development Corporation
1101 Carmichael Road, Hudson, WI 54016
phone: 715-381-4383
email: bill@stcroixedc.com