Wisconsin Allows Pass-Throughs to Elect Entity Level Tax

Wisconsin enacted the previously reported bill (TAXDAY, 2018/12/10, S.21) that allows pass-through entities an election to be taxed at the entity level.

Act 368 (S.B. 883), Laws 2018, effective December 16, 2018, first applicable to taxable years beginning on January 1, 2018, for S corporations and to taxable years beginning on January 1, 2019, for other pass-through entities

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CCHTaxGroup

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