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Wisconsin Abolishes the Personal Property Tax

By Alexander Ferrone on July 19, 2023
Posted in Buying, Owning and Selling a Business, Tax, Uncategorized

On June 20th Governor Evers signed into law 2023 Wisconsin Act 12 (the “Act”), which repeals the personal property tax that has long been an administrative burden for authorities and a source of confusion for taxpayers. 

Under the former provisions, both real and personal property was (and is until January 2024) subject to tax unless…

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